AllMarket Update
logoArgusJanuary 22, 2024

Market Update: TEVA, FITB

Sector(s)
Financial Services, Healthcare
Summary

Stocks headed higher on Monday with the S&P 500 on track to hit another all-time high. This month's FOMC decision on January 31 is widely expected to result in uncaged interest rates, while future rate-cut expectations have become less optimistic. Turning to stocks, shares of Archer-Daniels-Midland (ADM) are down sharply after the company placed the CFO on administrative leave and cut its earnings outlook while it investigates accounting practices related to its nutrit

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