Most of Wall Street slips as expectations rise for rates to stay high [Los Angeles Times (CA)]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Los Angeles Times
The Standard & Poor's 500 fell 10.41 points, or 0.2%, to 5,051.41. The index deepened its loss from the day before, when it sank under the pressure brought by a jump in Treasury yields. The Dow Jones industrial average rose 63.86 points, or 0.2%, to 37,798.97, and the Nasdaq composite fell 19.77 points, or 0.1%, to 15,865.25. A 5.2% climb for UnitedHealth helped support the market after the insurer reported stronger results for the first three months of the year than analysts expected. Morgan Stanley was another winner, rising 2.5%, after likewise topping expectations. But the majority of stocks fell as Treasury yields rose after comments by Federal Reserve Chair Jerome H. Powell. They've been climbing rapidly as traders give up hopes that the Fed will deliver many cuts to interest rates this year. High rates hurt prices for all kinds of investments and raise the risk of a recession in the future. Powell said at an event Tuesday that the central bank has been waiting to cut its
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SPGI
News
- China's factory activity expands at fastest clip in 14 months, Caixin PMI shows [Yahoo! Finance]Yahoo! Finance
- China's factory activity expands at fastest clip in 14 months, Caixin PMI shows [Reuters]Reuters
- Wall Street rises to start a week full of earnings reports and a Fed meeting [Los Angeles Times (CA)]Los Angeles Times
- China Vanke Posts Another Quarterly Loss on Sales Drought [BNN Bloomberg (Canada)]BNN Bloomberg
- S&P Global Mobility: April auto sales to sustain spring volume push [Yahoo! Finance]Yahoo! Finance
SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 4/26/24 - Form IRANNOTICE
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- SPGI's page on the SEC website