Categories Analysis, U.S. Markets News
US pre-market news: Dow Jones, NASDAQ, S&P updates for Mar. 26, 2021
Wall Street’s indices ended positive on Thursday, as weekly jobless claims hit their lowest level since the start of the pandemic last year. In a speech, President Joe Biden spoke of his intention to focus on improving the country’s economy. Fourth-quarter GDP growth numbers beat expectations, adding to buoyed investor sentiment.
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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