Bond yields were a touch firmer early Wednesday, as traders eyed looming jobs data and more comments on the U.S. economic outlook from Fed Chair Jay Powell.
Endeavor on Tuesday said that longtime investor Silver Lake was taking the company private in a $13 billion deal expected to close in the first quarter of next year.
Sales of new cars and trucks in the U.S. fell 2% in March to leave auto purchases well below 2023 year-end levels, indicating that high interest rates and prices have crimped demand.
Tesla Inc.’s “significant miss” on its first-quarter delivery numbers rattled Wall Street on Tuesday — and the disappointing numbers indicate that at least one of the electric-vehicle maker’s problems is Chief Executive Elon Musk.