BlackRock Chief Investment Officer of Global Fixed Income Rick Rieder tells Julie Hyman that despite the S&P (^GSPC) and Dow (^DJI) both notching record highs in the past week, with some analyst forecasts suggesting the S&P could reach 6,600 or 7,000 at some point in 2025, he says, “I don't love the multiple of equities.” However, he notes that the technicals are “crazy good” for equities.
BlackRock shares are trading near an all-time high. Read on to know whether to wait for the pullback or buy the stock before it climbs further.
Rick Rieder, BlackRock Chief Investment Officer of Global Fixed Income, spoke to Yahoo Finance's Julie Hyman about his thoughts on the US economy heading into a second Trump administration and how it could impact inflation levels, the Federal Reserve's rate-cutting plan, and the bond market. With Republicans looking to take not just the presidency but potentially both chambers of Congress, the president-elect's potential economic policies, including hefty tariffs on imported goods, are in focus.
Italy's largest bank Intesa Sanpaolo said it would partner with BlackRock , the world's biggest asset manager and a leading Intesa shareholder, to offer digital wealth management services to clients in Belgium and Luxembourg.
On Friday, BlackRock expanded its extensive roster of fixed income ETFs with the launch of four new funds. These fixed income funds all use a laddered strategy comprising assets with maturities lower than six years.
BLK is considering buying a minority stake in Millennium Management. This move aligns with its aim to expand into a lucrative alternative asset business.
BlackRock Inc. is in talks with Izzy Englander's Millennium Management to take a minority stake in his $70 billion hedge fund, according to people familiar with the matter. Bloomberg's Manuel Baigorri reports.
Here is how BlackRock Finance (BLK) and Brixmor Property (BRX) have performed compared to their sector so far this year.
It is finally election day and investors are wondering what's in store for the stock market. Historically, presidential elections create short-term volatility as investors react to the outcomes, especially in sectors most likely to be impacted by the new administration's policies.
BlackRock committed not to support a delisting of Spanish utility Naturgy for at least three years to win government approval for its acquisition of a stake in the group, a stock market filing by the U.S. fund manager showed.
Fink wants to push the world's largest asset manager into the more lucrative world of private markets.
One often-overlooked way for closed-end funds (CEFs) to give us a profit boost is for management to buy back a fund's shares.