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COMP News Highlights
- For COMP, its 30 day story count is now at 21.
- Over the past 14 days, the trend for COMP's stories per day has been choppy and unclear. It has oscillated between 1 and 20.
- DOW, MAX and ROSE are the most mentioned tickers in articles about COMP.
Latest COMP News From Around the Web
Below are the latest news stories about COMPASS INC that investors may wish to consider to help them evaluate COMP as an investment opportunity.
The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
Investors getting complacent after the recent stock-market rally should look at Monday's punishing selloff and worry, several strategists told MarketWatch.
After a punishing 2022, it may be time to bet on bonds backed by the U.S. government, particularly if a recession hits, according to Truist Advisory Services.
Dow Jones Dives 480 Points As Investors Fear More Fed Rate Hikes Into 2023; Tesla Stock Skids On Production Cut Reports
Dow Jones futures were little changed ahead of Tuesday's open after the Dow Jones Industrial Average dived more than 480 points Monday.
Exchange-traded funds focused on oil and gas dropped Monday, as investors weighed a price cap on Russian oil as well as economic data prompting concerns that the Federal Reserve may need to keep up its aggressive monetary tightening for longer. Shares of the SPDR S&P Oil Gas Exploration Production ETF closed about 4.6% lower Monday, while the United States Oil Fund LP finished down around 3% and the United States Natural Gas Fund tanked about 10.4%, according to data from FactSet. The Institute
Global stocks and Treasury prices fell on Monday as new evidence of a strong U.S. economy raised fears that interest rates will stay higher for longer, eclipsing China's easing of pandemic restrictions. U.S. services industry activity unexpectedly picked up in November, with employment rebounding, in the latest sign of underlying economic momentum that could keep the Federal Reserve on alert to tighten policy further as it fights high inflation.
U.S. markets ended Monday lower, as investors spooked by better-than-expected data from the services sector re-evaluated whether the Federal Reserve could hike interest rates for longer, while shares of Tesla slid on reports of a production cut in China. This weighed on the Nasdaq, where Tesla was one of the biggest fallers, pulling the tech-heavy index to its second straight decline. The data came on the heels of a survey last week that showed stronger-than-expected job and wage growth in November, challenging hopes that the Fed might slow the pace and intensity of its rate hikes amid recent signs of ebbing inflation.
By one measure this is one of the most unloved U.S. economies on record, Oxford Economics' economist Bob Schwartz writes.
U.S. stock indexes posted their worst day in nearly a month on Monday as hotter-than-expected reading on the U.S. services sector fueled speculation that the Federal Reserve will hike interest rates more aggressively to subdue inflation. The Dow Jones Industrial Average finished 482 points lower, or 1.4%, to 33,947. The S&P 500 dropped 1.8% to close below 4,000-level for the first time in nearly a week, while the Nasdaq Composite slumped 1.9%. A barometer of U.S. business conditions at service-s
U.S. markets ended Monday lower, as investors spooked by better-than-expected data from the services sector re-evaluated their thinking on the Federal Reserve's interest rate policy, while shares of Tesla slid on reports of a production cut in China. The data came on the heels of a survey last week that showed stronger-than-expected job and wage growth in November, challenging hopes that the Fed might slow the pace and intensity of its rate hikes amid recent signs of ebbing inflation. "Today is a bit of a response to Friday, because that jobs report, showing the economy was not slowing down that much, was contrary to the message which (Chair Jerome) Powell had delivered on Wednesday afternoon," said Bernard Drury, CEO of Drury Capital, referencing comments made by the head of the Fede...