The FOMC meeting’s tone was more hawkish than anticipated, resulting in the strengthening of the US dollar to a six-month high and a rise in US 10-year treasury yields to 4.5%, the highest level since 2007. These factors weighed down on gold, which is a non-yielding asset.
10 IPOs more than doubled investor money on listing day in last 5 yrs
Here’s a look at the initial public offers that have seen the best performance on the listing day in the last ten years. (Source: ET
December 11, 2023