— Bank shares jumped along with Treasury yields as worries over a U.S. recession dissipated on the back of strong economic data. Bank of America and J.P. Morgan both rose 1.8% while Citigroup gained 1.6 %. The benchmark 10-year yield shot up to 1.87 from around 1.78 in the previous session. Rates rose following the release of retail sales and consumer sentiment data that topped expectations.
— Shares of the flooring company plunged Friday after founder and former CEO Thomas Sullivan decided to opt out of his bid to take the company private, a week after he announced the buyout plan. Sullivan had upped his ownership of Lumber by 30% or 500,000 shares on Sept. 4 through his F9 Investments, saying he was taking his former company private.— Broadcom stock fell more than 3% after reporting adjusted quarterly profit of $5.16 per share, topping what Wall Street analysts had been expecting.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Stocks climb as Apple-led tech rally snaps 3-day losing streakThe Dow Jones industrial average, S&P 500 index, and Nasdaq Composite all rose during US trading on Wednesday.
Leggi di più »
Stocks making the biggest moves after hours: Oracle, Aurora Cannabis and moreSee which stocks are posting big moves after the bell on Sept. 11. Stocks AFools Dream. The Smart Money is already in Cash waiting for New Duffers to Crush them.
Leggi di più »
Stocks making the biggest moves premarket: Oracle, Blackstone, Walmart, Hertz, AT&T & moreThese are the stocks posting the largest moves before the bell.
Leggi di più »