One headline later and Wall Street suddenly believes the Iran war can end [Wealth Professional (Canada)]
BRC Group Holdings, Inc. (RILY)
NASDAQ:AMEX Investor Relations:
ir.brileyfin.com/investor-relations
Company Research
Source: Wealth Professional
Wall Street just delivered its best day since last spring on little more than a hint the Iran war might not drag on for years. BNN Bloomberg reports the S&P 500 jumped 2.9 percent to 6,528.52, its biggest gain since May, while the Dow Jones Industrial Average surged 1,125.37 points, or 2.5 percent, to 46,341.51 and the Nasdaq composite climbed 3.8 percent to 21,590.63. CNBC says all three indexes logged their best day since May, even though the Nasdaq remains more than 10 percent below its recent intraday high and the Dow and S&P 500 are still down more than 8 percent and 6 percent, respectively, from their peaks. BNN Bloomberg notes that just a day earlier war worries had pushed the S&P 500 to more than 9 percent below its all-time high, and that the index has now posted its worst quarterly loss since the summer of 2022 with a 4.6 percent decline. CNBC adds that the S&P 500 fell 5.1 percent in March, the Dow dropped 5.4 percent, the Nasdaq slid 4.8 percent and, for the quart
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RILY
Sec Filings
- 4/1/26 - Form 10-K/A
- 3/31/26 - Form 10-K
- 3/31/26 - Form 8-K
- RILY's page on the SEC website