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Wall Street Caught Off Guard by 'Sticky' CPI Signs: Markets Wrap

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sold off, with two-year yields hitting the highest since before the Fed’s December “pivot.” Swap…
United States New York San Francisco United Kingdom Plante Moran Christopher Waller

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Uber Technologies, Inc. (NYSE:UBER) Shares Sold by Varma Mutual Pension Insurance Co

Varma Mutual Pension Insurance Co cut its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 4.8% during the third quarter, HoldingsChannel reports. The firm owned 400,000 shares of the ride-sharing company’s stock after selling 20,000 shares during the period. Varma Mutual Pension Insurance Co’s holdings in Uber Technologies were worth $18,396,000 as of […]
United States Jill Hazelbaker Dara Khosrowshahi Varma Mutual Pension Insurance Co Wealth Advisors Cornerstone Planning Group

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