Stocks rebound, erasing much of Christmas Eve's sharp decline [Los Angeles Times (CA)]
Prudential Financial, Inc. (PRU)
Last prudential financial, inc. earnings: 2/4 04:18 pm
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Source: Los Angeles Times
Stocks rebound, erasing much of Christmas Eve's sharp decline Investors returned from Christmas in a buying mood Wednesday, sending U.S. stocks sharply higher and placing the market on track for its best day in nine months. Gains by technology, retail, healthcare and internet stocks drove the broad rally, which erased much of the market's losses from Monday's steep drop. That sell-off left the benchmark Standard & Poor’s 500 index on the edge of what Wall Street calls a bear market — a decline of 20% from a recent peak. “This is a market that's heavily oversold, and typically you expect a strong bounce following that,” said Quincy Krosby, chief market strategist at Prudential Financial. “Oil prices have just moved quite markedly. And retail is having a very strong holiday season.” The S&P 500 index climbed 59 points, or 2.5%, to 2,410 as of 12:55 p.m. EST. The Dow Jones industrial average advanced 521 points, or 2.4%, to 22,338. The tech-heavy Nasdaq jumped 215 points, or 3.5%, to 6,4
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PRU
Earnings
- 2/6/24 - Miss
PRU
Sec Filings
- 4/16/24 - Form 8-K
- 3/28/24 - Form ARS
- 3/28/24 - Form DEF
- PRU's page on the SEC website