Previous Close | 4.4890 |
Open | 4.4730 |
Volume |
Day's Range | 4.4230 - 4.4730 |
52 Week Range | 3.3450 - 4.9970 |
Avg. Volume | 0 |
The company is aiming to capitalize on the high-interest-rate environment with an account for investors who don’t want to manage their own bond ladders.
The Nasdaq Composite was up 0.2%. Shares of Walt Disney and Palantir Technologies sank after traders reacted to their respective earnings reports and outlooks. Federal Reserve Chair Jerome Powell sent yields falling and stocks rising last week when he downplayed odds of a rate increase, arguing he still believes the next move will be a cut.
U.S. stock markets were headed for a muted opening on Tuesday, appearing to cool off after a rally sparked by a weaker-than-expected jobs report that strengthened expectations the Federal Reserve will start cutting interest rates this year. Dow Jones Industrial Average futures were up 37 points, or 0.1%. S&P 500 futures were up less than 0.1% and Nasdaq 100 futures were down 0.2%.