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Market by Martin |
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New and Noteworthy |
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Penn Station Pivot Calls For Tennis Courts, Fashion Shows, and a 10-Story Billboard Instead of a supertall tower, Developers at Vornado are now planning to turn the former Hotel Pennsylvania site into an 80,000-square-foot space for U.S. Open tennis matches, New York Fashion Week events, and a digital billboard measuring 10 stories high. |
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U.S. Stocks End Higher Friday, With S&P 500 and Nasdaq Closing at Records The Nasdaq Composite rose to an all-time high Friday, surpassing its 2021 record. The S&P 500 added 0.80% to 5,137 for its first close above the 5,100 threshold. Chipmaking giant Nvidia , which has led the tech rally by surging more than 260% over the last 12 months, was up another 4% Friday. (Read More) |
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Powell likely to 'stick to script' next week Federal Reserve Chair Jerome Powell testifies next week before House and Senate committees, a semiannual exercise. While Powell is likely to be pressed about the direction of the monetary policy, he will stick to his script, urging patience on the rate cutting front as policymakers wait for more data to confirm that inflation is falling sustainably toward their 2.0% target. (Read More) |
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Team News |
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This month, we honor the trailblazing women who have shaped history, broken barriers, and inspired change. From pioneers who fought for equality to the modern day heroes making a difference today, women have always been at the forefront of progress. Let’s take a moment to recognize and appreciate the strength, resilience, and brilliance of the incredible women who have shaped this world. |
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