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U.S. markets showed strength throughout Thursday’s session while settling the week mostly higher. The small-caps struggled and closed on the opposite side of the action after testing a lower low to end the shortened week lower.Much of the news was dominated by the DOJ’s redacted version of the Mueller report with the market more focused on ongoing U.S. / China trade negotiations and all-time...
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U.S. markets showed strength throughout Thursday’s session while settling the week mostly higher. The small-caps struggled and closed on the opposite side of the action after testing a lower low to end the shortened week lower.Much of the news was dominated by the DOJ’s redacted version of the Mueller report with the market more focused on ongoing U.S. / China trade negotiations and all-time...
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Citi downgraded Morgan Stanley to neutral from buy on Thursday, saying the stock is “fairly valued.”Morgan Stanley posted better-than-expected first-quarter results Wednesday thanks to the growth in wealth management and fixed-income trading, sending its shares 2.6% higher. Citi thinks that after the earnings boost, Morgan Stanley’s stock is in line with its target and has little room to...
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Pinterest Inc. priced its initial public offering higher than expected Wednesday, raising more than $1.4 billion and valuing the company at more than $12 billion.Pinterest PINS, +0.00% announced Wednesday evening that it would sell 75 million shares at $19 apiece, after previously stating a targeted range of $15 to $17. Underwriters — led by Goldman Sachs, JP Morgan and Allen...
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