In the week ahead, a holiday-shortened trading week greets investors looking to cap a strong first quarter of the year with the Nasdaq price index is released.This report contains "core" PCE inflation, the Fed's preferred measure, which is expected to show monthly price increases moderated from the prior month.
Elsewhere on the economic calendar, The Conference Board will release consumer confidence data for the month of March on Tuesday. This reading comes after the measureAmid last week's hoopla around the Federal Reserve, investors also saw one of the most hyped IPOs in some time hit the market as Reddit — had to take "down rounds," or receive valuations lower than their prior fundraising level, during their IPOs, many companies will remain reluctant to test the public market.
The company's valuation is down about 25% from its fundraising two and a half years ago. But the issue was well-received — shares priced at the high end of the range that was marketed to investors., not to find a valuation that garners the most capital for a company. In essence, these events are for bankers, not investors or employees. But of course they are.
Investors have approved a deal on Friday to make Truth Social owner Trump Media a publicly traded company. The green light from shareholders clears the final major hurdle for a long-delayed transaction that will generate a multi-billion dollar windfall for former President Donald Trump at a time when he’s facing immense financial and legal pressure.It costs you less to trade US stocks at Interactive Brokers than at other brokers. Your capital is at risk.
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.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »