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Stock Market Today: Stocks Drop Ahead of Fed Announcement, Klaviyo IPO - Vimarsana News

Stock Market Today: Stocks Drop Ahead of Fed Announcement, Klaviyo IPO

Instacart's successful IPO stood out in an otherwise down day on Wall Street. Stocks closed lower Tuesday as uncertainty around the Federal Reserve's future policy plans kept market participants on edge. Rising oil prices did little to lift investor sentiment, either, with worries percolating about higher energy costs keeping inflation – and interest rates – higher for longer.The Federal Reserve kicked off its two-day policy meeting today, with a decision and press conference from Fed Chair Jero

Source: yahoo.com
Stock Market Today: Stocks Close Flat With Fed Meeting in Focus - Vimarsana News

Stock Market Today: Stocks Close Flat With Fed Meeting in Focus

A choppy session for stocks turned into a flat finish as investors looked ahead to Wednesday's Fed announcement. It was a choppy start to the week as investors looked ahead to Wednesday afternoon's policy announcement from the Federal Reserve. Focus is also on the latest slate of initial public offerings (IPOs) about to hit the market, especially in the wake of last week's blockbuster IPO from chipmaker Arm Holdings (ARM, -4.5%). The Fed kicks off their two-day policy meeting tomorrow, wrapping

Source: yahoo.com
JPMorgan says S&P 500 is overvalued - Vimarsana News

JPMorgan says S&P 500 is overvalued

Global debt provides another negative for an already stretched equity multiple, JPMorgan says. Inflation ticked up again in August, putting more pressure on equities.

Will Arm IPO be the next WeWork, or SoftBank's greatest hit? - Vimarsana News

Will Arm IPO be the next WeWork, or SoftBank's greatest hit?

Arm’s parent company SoftBank has apparently settled at the upper end of its valuation target for the British semiconductor architect as the year’s largest...

Stock Market Today: Stocks Rise After PPI Report, Arm IPO - Vimarsana News

Stock Market Today: Stocks Rise After PPI Report, Arm IPO

The main indexes closed comfortably higher, while Arm stock soared on its first day of trading. Stocks opened higher Thursday following the latest inflation data and built on those gains as the session wore on. Investor sentiment also got a lift from Arm Holdings' (ARM) initial public offering (IPO), with the chipmaker sizzling on its first day of trading. This morning's producer price index (PPI), which measures what businesses are charging suppliers for goods, painted a similar picture to yest

Source: yahoo.com