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Stock impact report

A Narrow Strait To Peace [Seeking Alpha]

Prologis, Inc. (PLD) 
Last prologis, inc. earnings: 4/21 08:00 am Check Earnings Report
US:NYSE Investor Relations: ir.prologis.com
Company Research Source: Seeking Alpha
Markets rapidly repriced the risk of a prolonged oil shock after the Strait of Hormuz reopened, easing fears of a major energy disruption that could have derailed global growth. Cooler-than-expected PPI data and a solid start to earnings season supported equities, though renewed threats to shipping traffic over the weekend underscored that progress toward de-escalation remains fragile. Buoyed by retreating interest rates, real estate equities joined the rally as earnings season began with solid reports from industry bellwethers, sending the Equity REIT Index higher by 4.0%. Logistics sector stalwart Prologis rose 6% after strong results and higher guidance signaled improving logistics fundamentals, while NYC-focused office REIT SL Green surged 13% as investors looked past one-time earnings noise toward strengthening Manhattan office leasing. iREIT®+HOYA Capital members get exclusive access to our real-world portfolio. See all our investments here » panida wijitpanya/iStock Show less Read more
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