Stocks slide ahead of Fed meeting, Instacart IPO: Stock market news today

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Stocks fell on Tuesday as the Federal Reserve was set to begin its latest policy meeting.

Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.OTTAWA — Higher gasoline prices drove Canada’s inflation rate to 4.0 per cent in August, making it the second month in a row inflation has risen. Statistics Canada released its consumer price index report Tuesday, which shows the annual rate rose from 3.3 per cent in July.

Target said on Tuesday it would hire nearly 100,000 employees for the holiday season, like past two years, and offer discounts for the competitive shopping period as early as October. The plan comes against the backdrop of predictions that sales growth during the crucial holiday period in the United States could be just half of what it was last year due to higher prices denting consumer spending and worries of a recession.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Klaviyo, Instacart raise IPO price rangesAfter Arm Holdings' (ARM) strong IPO debut, Klaviyo (KVYO) raised its IPO price range to between $27 and $29 per share. This comes after Instacart (CART) raised its own IPO price range as well, to between $28 and $30 per share. Yahoo Finance Live discusses what these debuts could mean for the IPO market.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Instacart’s Higher IPO Target Aims at Trading Pop, Cash InfusionInstacart and Klaviyo Inc., reacting to the strong reception of this year’s biggest IPO, have increased the amount of money they want to raise, with the goal of bolstering their cash positions while driving an opening day pop.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Instacart’s Higher IPO Target Aims at Trading Pop, Cash Infusion(Bloomberg) -- Instacart and Klaviyo Inc., reacting to the strong reception of this year’s biggest IPO, have increased the amount of money they want to raise, with the goal of bolstering their cash positions while driving an opening day pop.Most Read from BloombergXi’s Missing Defense Chief Opens Door for US Military TalksHow Auto Executives Misread the UAW Ahead of Historic StrikeTrillion-Dollar Industry Powering Chicago at Risk of LeavingVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years
Source: YahooFinanceCA - 🏆 47. / 63 Read more »