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The IPO market looks to bounce back in 2024

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The IPO market has been a mixed bag this year as many listings displayed generally lackluster performances in raising funds. Hope may be on the horizon for the IPO market as, according to data compiled by Bloomberg, September was a banner month, with companies like Arm Holdings (ARM), Instacart (CART), and Klaviyo (KVYO) debuting on exchanges and raising $7.2 billion dollars. Yahoo Finance's Akiko Fujita and Rachelle Akuffo break down the sentiment for the IPO market going into the next fiscal year. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

OSFI chief Peter Routledge says he's confident Canada's financial system can weather a recession if one hitsNEW YORK — Wall Street’s ugly September got even worse Tuesday, as a sharp drop for stocks brought them back to where they were in June. The S&P 500 tumbled 1.

5% for its fifth loss in the last six days. The Dow Jones Industrial Average dropped 388 points, or 1.1%, and the Nasdaq composite lost 1.6%. September has brought a loss of 5.2% so far for the S&P 500, putting it on track to be the worst month of the year by far, as the realization sets in that the Federal Reserve will indeed keep in

 

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