Media Stocks Mixed Amid Writers Strike, Fed Interest Rate Hike

📆 03/05/2023 20:07:00
📰 Variety

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 63%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Shares of media companies stayed relatively tranquil Wednesday amid the work stoppage imposed by the WGA’s writers strike and another interest rate increase by the Federal Reserve. Writers Gu…

. Meanwhile, the Fed on Wednesday raised its benchmark policy rate by 0.25%, to a new range of 5% to 5.25%, which is the highest it’s been since September 2007.

Media company stocks saw a muted response. Gainers on the day included Warner Bros. Discovery , Netflix , Disney and Lionsgate . Companies ending lower after regular trading Wednesday included Paramount Global , NBCUniversal parent Comcast , Fox Corp. and AMC Networks .

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market today: Global stocks mixed after bank failureGlobal shares were trading mixed Tuesday with some markets closed or anticipating holidays and investors showing muted reaction to the latest U.S. banking failure.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »