The International Monetary Fund says the U.S. economy won't escape the challenge of persistent inflation if the job market does not soften and monetary policy does not stay tight for an extended period of time. "The strength in demand and labor market outcomes is a double-edged sword, contributing to more persistent inflation," the IMF Article IV mission statement read.
Turmoil ensued recently within the walls of SKUNK Global Media, a renowned name in the global cannabis industry, as shareholders took unprecedented action, removing multiple members of the board of directors from their positions. The new board of directors, established in March 2023, was accused of exhibiting radical behavior that threatened the company's stability.
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining more than 300 points on Friday. The Dow traded up 0.99% to 33,089.44 while the NASDAQ rose 2.11% to 12,965.91. The S&P 500, also rose, gaining, 1.29% to 4,204.71. Check This Out: $4.5M Bet On This Energy Stock? Leading and Lagging Sectors Consumer discretionary shares rose by 3% on Friday.
According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session. This article was generated by Benzinga's automated content engine and reviewed by an editor.
Stocks are climbing across the board on Friday, fueled by increased investor optimism about a debt limit agreement. All major averages traded comfortably in the green, with sharp gains in the rate-sensitive tech and consumer discretionary sectors, despite the release of an unexpectedly high PCE inflation report that is further bolstering expectations for another Fed interest rate hike ahead.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth.
Over the past 3 months, 6 analysts have published their opinion on Physicians Realty Trust stock. According to 6 analyst offering 12-month price targets in the last 3 months, Physicians Realty Trust has an average price target of $15.42 with a high of $19.00 and a low of $14.00. Below is a summary of how these 6 analysts rated Physicians Realty Trust over the past 3 months.
Citigroup has decided to maintain its Buy rating of Arcus Biosciences and lower its price target from $40.00 to $41.00. Shares of Arcus Biosciences are trading up 24.06% over the last 24 hours, at $21.71 per share. A move to $41.00 would account for a 88.85% increase from the current share price. Arcus Biosciences Inc is a clinical-stage biopharmaceutical company.
Goldman Sachs has decided to maintain its Neutral rating of BioXcel Therapeutics and lower its price target from $28.00 to $25.00. Shares of BioXcel Therapeutics are trading down 4.76% over the last 24 hours, at $18.40 per share. A move to $25.00 would account for a 35.87% increase from the current share price. BioXcel Therapeutics Inc is a clinical-stage biopharmaceutical company.
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