As interest rates rose over the past few years, bond prices plummeted, making high-quality bonds more attractive, our columnist says.
The agreement follows the largest healthcare strike on record.
The companies completed the $75 billion deal after a lengthy struggle with regulators.
The megadeal could strengthen Microsoft’s standing in the video game industry, after a year and a half of negotiations with regulators around the world.
Traders will get a broader look at which public companies are being targeted by short sellers under the new SEC rules.
They could save money if Activision’s titles are added to Xbox Game Pass, a monthly subscription service. But some are reserving judgment.
JPMorgan Chase, Wells Fargo and Citigroup said that consumers continued to borrow and spend, but their chiefs warned that geopolitical risks were intensifying.
The bank said its third-quarter profit rose 35%, boosted again by rising interest rates.
Approval from British regulators for the $69 billion takeover was the last hurdle left for the tech giant, which saw off serious challenges to the transaction.
Even though oil flows are more likely to be disrupted by the tense situation in the Middle East, natural gas prices could be more volatile.