Benchmark S&P 500 and the Nasdaq Composite fell on Tuesday as yields on Treasury bills rose, dampening sentiments across the market. At the time of writing, the S&P 500 index was down 0.3%, while the Nasdaq Composite shed 0.
Shares in Getty Images and Shutterstock surged after the image companies agreed to merge, creating a group worth about $3.7 billion including debt. Getty stock stood about 25% higher Tuesday morning.
In the current session, Getty Images Holdings Inc. GETY -19.4% Get Free Report is trading at $2.57, after a 19.44% drop. Over the past month, the stock fell by 2.23%, and in the past year, by 46.76%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio.
The S&P 500 jumped 1% on Friday, Jan. 17, 2025, heading into the long weekend on a high note as prospects rebounded for additional interest-rate cuts in 2025.
The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core inflation revived rate-cut hopes.
The U.S. stock market broadened its rally this week, with all S&P 500 sectors booking weekly gains, as investors appeared relieved by interest rates in the bond market reversing some of their recent startling climb.
Getty Images and Shutterstock are joining forces, agreeing to a $3.7 billion merger to create a visual content company. The companies announced the merger on Tuesday and said it will be named ...
A tiebreaker awaits. The so-called Santa Claus rally, which refers to the tendency of the S&P 500 SPX to rally over the last five trading days of a calendar year and the first two trading days of ...