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Asset management major Federated Hermes has raised about $320m in initial commitments for its new private equity co-investment fund.
The post Federated Hermes hits $320m in initial close of new lower-mid-market co-invest fund appeared first on AltAssets Private Equity News.
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The last piece of inflation data the Federal Reserve will see before its pivotal December meeting to debate another interest-rate cut showed just a mild increase in wholesale prices ahead of the government shutdown.
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Stocks and bonds will react to new data on job openings, wages and labor market perceptions.
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Stocks get boost from rising chances of Fed cut; dollar steady ReutersAsia-Pacific markets trade mixed after Wall Street's tech stocks rebound CNBCAsian shares mixed after Wall Street gets a lift from hopes for a Fed rate cut Yahoo FinanceAsian stocks creep higher with US rate cuts back in focus By Reuters Investing.com
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U.S. stock futures are little changed after tech rally boosts stocks: Live updates CNBCStock market today: Nasdaq sees biggest jump since May, S&P 500 soars as Alphabet, Tesla lead tech rally Yahoo FinanceSuddenly, the Fed interest rate cut in December looks like it is very much back on the table FortuneAnother rally for Alphabet leads the US stock market higher AP News
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