Worst may be over for CRE assets, but full recovery is far. Market at/bottom, but rebound will take time. Some cities improving, but challenges remain.
One of the largest real estate investment trusts made a difficult decision to sell properties and cut its dividend last year. Here's what investors need to know before buying it today.
It’s a bearish Thursday on Wall Street, with stocks relinquishing their gains due to unexpectedly high inflation numbers for December, causing some turbulence in market expectations regarding earlier Federal Reserve rate cuts.<
U.S. stocks are poised to close their seventh consecutive week of gains, marking their longest winning streak since October 2017. In Friday’s session, the S&P 500 index hovered around the flatline at 1 p.m. in New York, while the Nasdaq 100 rose by 0.4%, getting closer to retesting their all-time highs.
