Wall Street's ugly April gets even worse as it tumbles across the finish line [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 tumbled 1.6% to cement its first losing month in the last six. Its momentum slammed into reverse in April, falling as much as 5.5% at one point, after setting a record at the end of March. The Dow Jones industrial average dropped 570 points, or 1.5%, and the Nasdaq composite lost 2%. Stocks began sinking as soon as trading began, after a report showed U.S. workers won bigger gains in wages and benefits than expected during the first three months of the year. While that's good news for workers and the latest signal of a solid job market, it feeds into worries that upward pressure remains on the economy and inflation. It followed a string of reports this year that have shown inflation remains stubbornly high. That has caused traders to largely give up on hopes that the Federal Reserve will deliver multiple cuts to interest rates this year. And that in turn has sent Treasury yields jumping in the bond market, which has cranked up the pressure on stocks.
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SPGI
News
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- Analysts see more S&P 500 gains following record rally [Yahoo! Finance]Yahoo! Finance
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- Raghu Ramachandran Appointed as Director, Life & Annuity at Actuarial Risk Management (ARM) [Yahoo! Finance]Yahoo! Finance
- ZincFive Accelerates Investment in U.S. Manufacturing [Yahoo! Finance]Yahoo! Finance
SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 144
- 5/6/24 - Form 8-K
- SPGI's page on the SEC website