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Stock impact report

Payrolls Pacify Stagflation Scare [Seeking Alpha]

SBA Communications Corporation - Class A (SBAC) 
Last sba communications corporation - class a earnings: 2/20 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.sbasite.com
Company Research Source: Seeking Alpha
Major equity benchmarks rebounded sharply, with the S&P 500 gaining 3.4% and the Nasdaq 100 rising 4.0%, while real estate stocks outperformed as falling Treasury yields boosted rate-sensitive sectors. Treasury yields declined despite surging oil prices, breaking their recent correlation with crude, as investors weighed solid U.S. employment data against risks that higher energy costs could slow growth abroad. Labor market data pointed to stabilization but continued cooling, with payrolls rising 178k in March while participation fell and job openings declined, reinforcing the “low-hire, low-fire” environment across the economy. M&A activity in real estate and infrastructure accelerated as private capital targeted discounted public valuations, highlighted by takeover interest in SBA Communications and potential asset bids for Uniti, reinforcing the persistent public-to-private valuation gap. iREIT®+HOYA Capital members get exclusive access to our real-world portfolio. See all Show less Read more
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