Dozens of companies are delaying IPO plans due to volatile investor sentiment and geopolitical concerns, impacting market valuations. While the year began strong, a recent slowdown has seen a significant drop in new listings. Experts anticipate a market pickup in June, contingent on global stability and a resolution of valuation mismatches between issuers and investors.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of