Major Wall Street bank stocks rose along with the broader market today after a lot of selling in recent weeks and as investors look for the Federal Reserve to potentially pivot on monetary policy. Shares of Bank of America (NYSE: BAC) traded nearly 3.7% higher in the final hour of trading today. Shares of Citigroup (NYSE: C), traded nearly 4% higher, and shares of JPMorgan Chase (NYSE: JPM) were up more than 4%.
(Bloomberg) -- Shares of South Korean internet giant Naver Corp. fell the most in seven years after the company agreed to buy online secondhand-fashion marketplace Poshmark Inc. in a deal valued at about $1.2 billion.Most Read from BloombergMusk Revives $44 Billion Twitter Bid, Aiming to Avoid TrialLoretta Lynn, Coal Miner's Daughter And Country Queen, DiesElon Musk Sets Off Uproar in Ukraine by Tweeting His ‘Peace’ PlanBiden, Kishida Condemn North Korean Missile Launch Over JapanTrump Asks to P
Former Facebook executive Sheryl Sandberg has donated $3m (£2.6m) to support the fight for abortion rights in America, following the Supreme Court's overturning of Roe v Wade.