Categories Analysis, U.S. Markets News
US pre-market news: Dow Jones, NASDAQ, S& P updates for Apr.12, 2021
The S&P 500 and Dow Jones Industrial Average closed at a record high on Friday. The stock markets have been performing really well on expectations of a strong U.S. economic recovery, adaptive monetary policies and a successful vaccination program. Federal Reserve Chair Jerome Powell mentioned that near-term price pressures will prove transitory, and the central bank’s ultra-easy monetary policies are here to stay.
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United Parcel Service (UPS) seems on track to regain lost strength
Cargo giant United Parcel Service, Inc. (NYSE: UPS) ended fiscal 2023 on a weak note, reporting lower revenues and profit for the fourth quarter. The company experienced a slowdown post-pandemic
IPO Alert: What to look for when Boundless Bio goes public
Boundless Bio is preparing to debut on the Nasdaq stock market this week, and become the latest addition to the list of biotech firms that have launched IPOs this year.
Nike (NKE) bets on innovation and partnerships to return to high growth
Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company