Japanese electronics giant Panasonic has made a strategic move by selling its automotive Business to private equity firm Apollo Global Management. However, it is important to note that this sale specifically refers to Panasonic’s auto parts business and not its electric-vehicle battery division. On Friday, Panasonic confirmed the sale of Panasonic Automotive Systems to Apollo…
Stocks finished little changed to close the second to last trading day of 2023 with the S&P 500 adding 0.04% to finish at 4,783.35, getting closer to its highest closing level set in January 2022. The Dow Jones Industrial Average rose 53.58 points, or 0.14%, to end at 37,710.10 and notch a fresh record closing…
20 minutes ago, Tuesday’s session saw the S&P 500 inching closer to a new closing high, with the index trading around the 4,780 level, just 0.35% away from its highest level seen in January 2022. There was a broad rally among member stocks, with all 11 sectors of the benchmark index trading higher in the…
U.S. Stock Rise Slightly to Start Last Week of the Year Traders at the New York Stock Exchange (NYSE) in New York City saw a slight rise in U.S. stocks on Tuesday, marking the beginning of the last week of 2023, as traders aimed to finish the year on a strong note. The S&P 500…
