In This Article : [Yahoo! Finance]
Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
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Source: Yahoo! Finance
Markets sold off on Wednesday as Federal Reserve Chair Jerome Powell explained why the central bank is expecting to cut interest rates at a slower pace than it had previously expected. Investment strategists said that a hawkish shift by the Fed from a clear easing bias to one with more uncertainty over when and if rates will be lowered again in 2025 likely drove the negative sentiment. Piper Sandler chief investment strategist Michael Kantrowitz told Yahoo Finance the Fed's "hawkish tone" was an "extrapolation" of recent moves in the market. Since the start of December, few stocks had been contributing to the the S&P 500's ( ^GSPC ) gains as markets had begun pricing in the prospects of higher interest rates and sticky inflation for most of December. "I kind of think of this as a bit of a reset from, certainly, where expectations have been over the last couple of quarters," he said. "I would almost describe this as a bit of a light pivot from Powell." SNP Free Realtime Quote
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PIPR
Earnings
- 10/25/24 - Beat
PIPR
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- PIPR's page on the SEC website