Articles by Daniel Marsh
Procter & Gamble Shares Defy Market Slump as Investors Seek Safety
Procter & Gamble shares gained 2.1% on Friday, bucking a broader market decline as fresh inflation data spurred a rotation into defensive sectors like consumer staples.
Mastercard Gains as Inflation Data Delays Rate Cut Hopes
Mastercard shares advanced Friday, closing at $517.21, as a stronger-than-expected producer inflation print reduced near-term rate cut odds. Investors now await next week's U.S. employment report for direction.
Western Digital Insider Sale Draws Attention Ahead of Key March Events
Western Digital shares declined after an insider sale filing by its chief legal officer. Investor focus shifts to an upcoming Morgan Stanley conference and the stock's ex-dividend date.
American Express Plunges 7.9% as Inflation Fears Rattle Financial Sector
American Express shares tumbled nearly 8% on Friday, dragged down by a sector-wide retreat in financial stocks following higher-than-expected inflation data. Investors now brace for key employment and inflation reports next week.
Booking Holdings Investors Eye Key March Dates Following Quiet Session
Booking Holdings shares dipped slightly Friday, with investor focus shifting to a key CFO conference appearance on March 3 and the record date for its 25-for-1 stock split on March 6.
Goldman Sachs Tumbles 7.5% Amid Credit, Inflation Jitters
Goldman Sachs shares plunged 7.5% Friday, dragged down by a broad selloff in financial stocks fueled by renewed credit market concerns and disappointing inflation data. The focus now shifts to upcoming U.S. employment figures.
Lilly's Obesity Pill Data Sparks Stock Rebound, FDA Decision Looms
Eli Lilly shares gained nearly 3% to $1,051.99, ending a three-day decline. The move follows new clinical data for its oral obesity treatment, with a key FDA verdict anticipated next month.
JPMorgan Stock Dips Amid Credit Market Concerns and Jobs Data Focus
JPMorgan Chase shares declined 1.9% to $300.30 Friday, pressured by broad banking sector weakness following a UK mortgage lender's failure. Attention now turns to the upcoming U.S. employment data for March.
Vertiv Shares Retreat Amid Broader Tech Sell-Off, AI Valuation Concerns
Vertiv Holdings Co shares declined 2.9% on Thursday, pulling back from an all-time high as the Nasdaq Composite fell 1.3%. The drop occurred amid renewed investor focus on stretched technology sector valuations.