Wall Street braces for May's CPI reading and Fed meeting.Sign up for NBC Philadelphia newsletters.reached new heights on Tuesday, closing at fresh closing records. The broad market index ended the trading session at 5,375.32 after adding 0.27%, and the Nasdaq Composite finished at 17,343.55 with gains of 0.88%. The indexes also hit new all-time highs during the session, bolstered byfor May, and Wall Street expects it'll show barely any movement from April – just a 0.1% rise, to be exact.
's David Faber. National Amusements, which owns 77% of Paramount class A shares, had previously agreed to merger terms with a consortium that included Skydance as well as RedBird Capital and KKR – two private equity firms. previously reported that the merger between Paramount and Skydance wason it. This move comes after months of discussions about the deal. Shares of Paramount plunged nearly 8% during Tuesday's session.Hunter Biden, the son of U.S. President Joe Biden, leaves the J. Caleb Boggs Federal Building on June 06, 2024 in Wilmington, Delaware.in Delaware.