Wall Street falls after hot U.S. inflation report burns hopes for a June rate cut [Financial Post (Toronto, Ontario, Canada)]
Boston Properties, Inc. (BXP)
Last boston properties, inc. earnings: 4/28 04:49 pm
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Source: Financial Post
NEW YORK — A washout on Wall Street sent stocks sinking Wednesday, as worries rose that what seemed like a blip in the battle to bring down inflation is turning into a troubling trend. The S&P 500 dropped 0.9 per cent, and the vast majority of stocks within the index fell. The Dow Jones Industrial Average tumbled 422 points, or 1.1 per cent, and the Nasdaq composite sank 0.8 per cent. Article content Article content In Toronto, t he S&P/TSX composite index was down 131.98 points at 22,229.80. Treasury yields also leaped in the bond market, raising the pressure on the stock market, after a report showed inflation was hotter last month than economists expected. It's the third straight report to suggest progress on bringing high inflation down may be stalling. That hurts hopes that January's and Februarys' disappointing inflation data may not have been as bad as they seemed because of some technical reasons. Article content “There are still embers of inflation here and the
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News
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BXP
Earnings
- 4/30/24 - In-Line
BXP
Sec Filings
- 4/16/24 - Form ARS
- 4/12/24 - Form DEFA14A
- 4/12/24 - Form DEF
- BXP's page on the SEC website