TRADE WITH US: TYNKR LAB™ The U.S. stock market ended Wednesday sharply lower as investor concerns over the Federal Reserve’s rate policy drove significant losses.$Dow Jones Industrial Average (.DJI.US)$plummeted by over 1,100 points, marking a 2.6% drop, while$S&P 500 Index (.SPX.US)$and$Nasdaq Composite Index (.IXIC.US)$slipped by 3% and 3.6%, respectively. Declining stocks heavily outnumbered advancers across ...
Morning Movers Gapping up $General Motors (GM.US)$stock soared 7.8% after the auto giant reported lower pretax profit for the fourth quarter but gave investors an upbeat outlook for 2024 and signaled more capital could be returned to shareholders. $Pfizer (PFE.US)$stock rose 1.1% after the drugmaker reported a surprise quarterly profit, helped by COVID products demand being stronger than expectations and lower research costs. $Ford Motor (F.US)$stock ros...
Despite concerns, analysts from Goldman Sachs and JP Morgan remain optimistic about Altria and Walgreens due to their attractive valuation and high yields. Equally, KBW analysts see improvements in KeyCorp, while CEOs of Boston Properties and Healthpeak Properties remain confident about their companies' financial performance.
The deal reflects the value investors place on well-located, premier workplaces. Norges Bank believes the investment aligns with their long-term strategy and strengthens their partnership with BXP.
Home prices fell less than expected in April from a year ago and posted a monthly gain in another sign of a strengthening real estate market, according to a closely watched gauge released Tuesday. The Case-Shiller index for the 20 largest housing markets in the U.S. saw a 1.7% annual price decline, compared to the Dow Jones estimate for a 2.4% decrease. On a monthly basis, a national measure showed an increase of 1.3% while the 10- a...
Shares of real estate investment trusts kicked Monday off with sharp gains. Real estate was the top performing sector in the S&P 500, rising 2.2% and propelled by a roughly 9.9% gain in$BXP Inc (BXP.US)$. The stock was the top gainer in the broad-market index, followed by$Alexandria Real Estate Equities Inc (ARE.US)$, which added nearly 5%.
CNBC’s Jim Cramer told investors on Tuesday to watch out for the losers, because there’s a lot of them this year. The safest spot for your money right now is tech -- otherwise, tread carefully. “You stray, you lose,” Cramer said. “That’s the defining feature of this market, because if you stray from a small portion of the tech complex, you’re gonna be destroyed.” The industries seeing losses on the mark...
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