Media Stocks Mixed Amid Writers Strike, Fed Interest Rate Hike

📆 04/05/2023 0:07:00
📰 Variety

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

España Noticias Noticias

España Últimas Noticias,España Titulares

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 .

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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.
Fuente: wjxt4 - 🏆 246. / 63 Leer más »