Weak growth, subdued interest rates and another oil price slide hurt stocks
Bank stocks, fears for growth and subdued rates, and new oil price nadirs helped push Wall Street indices south on Thursday.
Company
NYSE:PRU
Prudential Financial Inc is a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. The company’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security.
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Bank stocks, fears for growth and subdued rates, and new oil price nadirs helped push Wall Street indices south on Thursday.
The largest U.S. life insurer was also hurt by a charge tied to a federal tax dispute.
U.S. stocks advanced sharply today as technology and financial stocks pulled ahead amid optimism that progress is being made in Greece’s debt talks. Today's rally, which marks a turnaround following a week-long slump in the stock mark