Nvidia’s stock bounced Friday as investors shook off the jitters that led to a massive selloff in megacap technology companies in the previous session.
StubHub is postponing its initial public offering until at least September because of “tricky” market conditions, according to a Wall Street Journal report Friday that cited one person familiar with the matter.
Corn futures turned higher in Friday dealings, finding support from data showing that U.S. corn use, a proxy for demand, rose more than supply — prompting prices to give up early losses that had pulled them to their lowest level since 2020.
Next week’s Republican convention and next month’s Democratic convention are both likely to feature hyperbole about their respective nominee’s track record on economic issues and the opposition’s proposals. So what does the market itself say?
Despite record levels for stock prices and rising bullishness on Wall Street, JPMorgan Chase didn’t stray from its more conservative outlook on the risk to the economy from inflation, geopolitical upheaval and other potential pitfalls.