Northrop Grumman's Q1 Results Highlight Favorable Margins, International Growth Prospects, RBC Says
Northrop Grumman's Q1 Results Highlight Favorable Margins, International Growth Prospects, RBC Says
(Bloomberg) -- The Bank of Japan offered to purchase a smaller amount of government bonds in a regular operation on Monday than it did on April 24 as it seeks to reduce its presence in the country’s debt market.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyPutin Names Economist as Defense Minister in Surprise ReshuffleGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeThe move is like
A twin set of inflation readings, as well as a speech from Fed Chairman Jerome Powell, will keep markets focused on Tuesday.
The Dow Jones rose Tuesday on the stock market today on hot inflation data. Fed Chair Jerome Powell is next. GME stock rocketed 112%.
AMC completed a $250 million stock sale amid renewed interest in shares during Monday's trading session.
Producer price index and consumer price index data both feed into the key Federal Reserve inflation rate.
WASHINGTON (Reuters) -U.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management and hotel accommodation, indicating that inflation remained stubbornly high early in the second quarter. The report from the Labor Department on Tuesday also showed wholesale goods prices rising solidly last month, though the cost of food declined. The producer price index for final demand rose 0.5% last month after falling by a downwardly revised 0.1% in March, the Labor Department's Bureau of Labor Statistics said on Tuesday.
Investors are not convinced that this cheap stock is safe from the rising effectiveness of artificial intelligence.
One-time meme stocks and other heavily-shorted names are rocketing higher in a new retail investor frenzy.
Nearly a dozen high-profile companies have conducted a forward-stock split since the midpoint of 2021. Three prominent, time-tested businesses may be the next stock-split stocks.
GameStop stock stock surged again early Tuesday, adding to a 74% rise on Monday as meme stocks appear to be back in vogue.