THE SIGNAL
Rosecliff founder and managing partner Mike Murphy discusses Oracle’s stock slide and Arm’s IPO on ‘Varney & Co.’ The Federal Reserve’s decision on interest rates will dominate the coming week as investors also follow the ongoing UAW strike against Ford, GM and Stellantis, which is threatening to disrupt the economy. Stocks ended the Friday session lower, capping off a mixed five days. Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES 34703.25 +85.01 +0.25%SP500 S&P 500 4462.82 +12.50 +0.28%I:COMP NASDAQ COMPOSITE INDEX 13739.664156 +31.33 +0.23% The Dow Jones Industrial Average was the only benchmark to post a slight gain for the week.
Dow Jones Industrial Average
In IPO news, Instacart is expected to begin trading in the coming week. INSTACART: WHAT TO KNOW ABOUT ONLINE GROCERY SERVICELast week, the online grocery shopping company, which fulfills customer orders, disclosed its target valuation of up to $10 billion after Arm Holdings’ strong market debut. Ticker Security Last Change Change % ARM ARM HOLDINGS PLC 57.81 ‑2.94 ‑4.84% The stock will trade on the Nasdaq Marketsite under the symbol CART. The Instacart logo on a laptop computer arra …