These are some of the stocks posting the largest moves in midday trading.
Category: Finance News
European Central Bank holds interest rates, gives strong signal that cuts are on the way
The euro zone’s central bank held interest rates steady for a fifth straight meeting.
Stocks making the biggest premarket moves: Nike, CarMax, Robinhood, Alpine Immune Sciences and more
These are the stocks posting the largest moves in the premarket.
Wholesale prices rose 0.2% in March, less than expected
The producer price index was expected to increase 0.3% in March, according to the Dow Jones consensus estimate.
Goldman Sachs promotes head of strategy and investor relations, Carey Halio, to global treasurer
Halio’s new role encompasses authority over the firm’s more than $1.6 trillion balance sheet. She’ll report to Chief Financial Officer Denis Coleman.
‘Lose-lose situation’: New Swiss bank laws could derail UBS’ challenge to Wall Street giants
Switzerland’s new banking regulations create a “lose-lose situation” for UBS and may limit its potential to challenge Wall Street, says Beat Wittmann of Porta Advisors.
China’s commercial property segment is seeing some bright spots amid a slump in the wider realty sector
China’s commercial property sector is seeing pockets of demand amid an overall real estate slump.
The ‘supercore’ inflation measure shows Fed may have a real problem on its hands
Bringing down inflation is being frustrated by sticky services prices. Experts say the Fed may have a meaningful problem on its hands.
Where investors might hide out if inflation continues to reaccelerate
Investors should focus on quality companies with high pricing power and adjust their duration risk in bonds, according to strategists and portfolio managers.
Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate
The Fed released the minutes from its March meeting.