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Tag: basic materials
Stocks End October With Gains, Post Monthly Losses
[ad_1] A busy day for corporate earnings reports ended with major stock indexes higher, though not enough to prevent them from a third-straight monthly decline. The S&P 500 climbed 0.6%…
IFF to Sell Cosmetics Ingredients Unit to Clariant for $810 Million
[ad_1] Updated Oct. 30, 2023 2:02 am ET Swiss chemicals company Clariant AG will buy a cosmetic ingredients unit of International Flavors & Fragrances Inc. for $810 million. New York-based…
Stocks Sink After Being Yanked by Powell Comments
[ad_1] Stocks ultimately sank Thursday after being whipsawed by remarks from Federal Reserve Chair Jerome Powell. Powell’s comments jostled markets as investors were weighing bond yields’ ascent toward 5%, the…