Reported about 1 month ago
Wall Street is showing signs of recovery after two consecutive days of decline, as investors process recent data on initial jobless claims and the ISM Services PMI. With a crucial jobs report set to be released, concerns about recession loom following a rise in the unemployment rate to 4.3%. Additionally, Verizon announced a $20 billion acquisition of Frontier Communications to strengthen its fiber network, while Nvidia refutes claims of a subpoena related to an antitrust investigation.
Source: YAHOO