Markets today: S&P 500 runs out of steam amid stagflation chatter [BNN Bloomberg (Canada)]
LPL Financial Holdings Inc. (LPLA)
Last lpl financial holdings inc. earnings: 4/30 04:05 pm
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Source: BNN Bloomberg
Equities wavered, following a report that showed U.S. consumer sentiment declined to a six-month low as short-term inflation expectations picked up. Fed Governor Michelle Bowman said the central bank should proceed “carefully and deliberately” as policymakers move toward the two per cent inflation goal. Fed Bank of Dallas President Lorie Logan said it's still too early to think about lowering borrowing costs. “Uncertainty about the inflation path could suppress consumer spending in the coming months,” said Jeff Roach at LPL Financial. “The Fed is walking a tightrope as they balance both mandates of price stability and growth. Although it's not our base case, we do see rising risks of ‘stagflation' — a concern the markets will have to deal with.” The S&P 500 hovered near 5,220, still heading toward its third straight week of gains — the longest winning streak since February. The Dow Jones Industrial Average rose for an eighth straight day. Treasury 10-year yields advanced five bas
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LPLA
News
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- LPL Financial Awards Outstanding Diversity Leaders in the Legal ProfessionGlobeNewswire
- The Fed doesn't want to talk about stagflation. It might not have a choice. [Yahoo! Finance]Yahoo! Finance
- Markets today: Falling tech stocks drag Wall Street lower again [BNN Bloomberg (Canada)]BNN Bloomberg
LPLA
Earnings
- 4/30/24 - Beat
LPLA
Sec Filings
- 5/20/24 - Form 8-K
- 5/14/24 - Form 8-K
- 5/14/24 - Form 4
- LPLA's page on the SEC website