S&P 500, Extends Gain, Up 1%, Nasdaq Up 1.6%
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Go back to S&P 500, Extends Gain, Up 1%, Nasdaq Up 1.6%
January 23, 2023 1:55 PM EST
JPMorgan Global Market Strategist Marko Kolanovic comments "The recent weakening of economic data and anticipated decline in earnings expectations/weak FY23 guidance are pointing to markets that are likely to move lower, in our view. Recent equity inflows are likely running out of steam, while pensions overfunded status could drive an increase in their reallocation from equities to bonds this year. A recession is currently not priced into equity... More
January 23, 2023 1:49 PM EST
The US Securities and Exchange Commission fined Bloomberg $5 million in a settlement for misleading disclosures relating to its paid subscription service, BVAL.
The SEC accused the company of misleading customers regarding how it calculated the price of certain securities.
BVAL provides daily price valuations for fixed-income securities to... More
