The analysts maintained their projections of 25-basis-point increases each in December and February, which would bring their terminal interest rate forecast to 4%-4.25%. The Nomura revision follows forecast revisions by Goldman Sachs Group Inc. earlier this week and matches both the size of those changes and the latest calls.
SpaceX shares decline for first time since blockbuster debut
SpaceX shares experienced their first decline since their IPO on Wednesday, ending a three-day rally that briefly surpassed Amazon’s valuation. The stock saw significant intraday