. Although the annual inflation is still high at 7.7%, it had been as high as 9.1% in June and hadn’t been below 7.5% since January. Spotify shares jumped 9.9% to $78.44. Universal Music Group shares rose 3.3% to 20.81 euros. Sony shares spiked 6.6% to $44.15.
Radio company stocks, recently hurt by the softening advertising market, enjoyed the biggest gains as iHeartMedia was up 10.0% and Audacy rose 14.0%. Cumulus Media and Townsquare Media had smaller gains of 3.3% and 2.5%, respectively.
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:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
INDIA STOCKS Indian shares rise over 1% as US inflation data cools rate hike fearsIndian shares rose to hit a fresh near-10-month high on Friday, boosted by a rally in IT companies and banks as easing U.S. inflation fuelled hopes that the aggressive Federal Reserve rate stance might begin to ease.
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »
INDIA STOCKS Indian shares fall as autos drag, awaits U.S. inflation dataIndian shares fell on Thursday, weighed by auto and metal companies, as investors braced for crucial U.S. inflation data that will provide clues about the severity of the Federal Reserve's future interest rate hikes. Do not invest in india.
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »