Despite a significant drop in Warner Bros. Discovery stock, the stock market experienced a broad recovery driven by strong performance in healthcare and technology sectors.
Analyst Louis Miscioscia upgraded Arm Holdings stock to a buy rating, citing the companys strong performance and undervaluation, leading to an 8.3% stock price increase.
Despite market volatility and expectations of further rate hikes, the Bank of Japan affirmed its commitment to maintaining its current interest rate policy, prioritizing market stability over a rigid rate increase schedule.