Page 64 - Omc News Today

With a lack of focus early in the week, markets will be watching the headlines for progress in the Russian/Ukraine negotiations.

Hennessy Advisors Inc. lessened its stake in shares of Omnicom Group Inc. (NYSE:OMC – Get Rating) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,800 shares of the business services provider’s stock after selling 1,500 shares during the […]

Ellevest Inc. reduced its position in Omnicom Group Inc. (NYSE:OMC – Get Rating) by 5.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,910 shares of the business services provider’s stock after selling 261 shares during the quarter. Ellevest Inc.’s holdings in Omnicom Group were worth $360,000 at the end of the most […]

With BOJ monetary policy diverging from that of the Fed and the BOE, USD/JPY and GBP/JPY have been on a tear lately.

"Somewhat surprisingly," retail purchases of stocks and ETFs have bounced back to year-to-date averages of $1.3 billion a day, Vanda says.

The US Federal Reserve will raise interest rates by 0.25 percentage points, it announced late on Wednesday evening.

The euro was higher on Thursday on hopes for progress in talks between Russia and Ukraine, while the Federal Reserve decision to raise rates and tackle inflation aggressively failed to affect the market as the bar for a hawkish surprise was high.

The US Federal Reserve will raise interest rates by 0.25 percentage points, it announced late on Wednesday evening.

Fed officials slashed their estimate for 2022 economic growth to 2.8% from 4% and upped their inflation forecast to 4.3% from 2.6% on Wednesday.

The Federal Reserve raised rates by 0.25 percentage points on Wednesday, ending the near-zero rate era as it looks to cool historic inflation.