CNBC Daily Open: Arm’s spectacular day lends helping hand to banks
Publishing timestamp: 2023-09-14 20:04:17
Summary
The article discusses the surge in Arm's shares on its first day of trading on Nasdaq, as well as positive economic data from the US and the European Central Bank's rate decision. It also mentions Berkshire Hathaway selling a portion of its stake in HP and the potential impact of more tech IPOs on banks like Goldman Sachs. The article concludes by highlighting the positive framework of inflation and the possibility of a soft landing for the economy.
Sentiment: MIXED
Tickers: JPM, .STOXX, BRK.A, HPQ, MS, .IXIC, .DJI, UNDEFINED, GS, .SPX, BRK.B,
Keywords: stoxx 600, banks, markets, economic events, hp inc, business news, jpmorgan drn, s&p 500 index, berkshire hathaway inc, arm holdings plc, dow jones industrial average, inflation, world markets, interest rates, nasdaq composite, goldman sachs group inc, technology, european central bank, morgan stanley, united states,
Source: https://www.cnbc.com/2023/09/15/stock-markets-arms-spectacular-day-lends-helping-hand-to-banks.html