PE stocks are trading higher amid overall market strength on hopes of a debt ceiling resolution.
Portfolio Pulse from Benzinga Newsdesk
Private equity stocks are trading higher due to overall market strength and optimism surrounding a potential debt ceiling resolution.
May 26, 2023 | 7:36 pm
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POSITIVE IMPACT
Apollo Global Management (APO) stock is trading higher amid overall market strength and hopes for a debt ceiling resolution.
The overall market strength and optimism surrounding a potential debt ceiling resolution are driving private equity stocks higher, including Apollo Global Management (APO). This positive sentiment is likely to have a short-term positive impact on APO's stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Blackstone Group (BX) stock is trading higher amid overall market strength and hopes for a debt ceiling resolution.
The overall market strength and optimism surrounding a potential debt ceiling resolution are driving private equity stocks higher, including Blackstone Group (BX). This positive sentiment is likely to have a short-term positive impact on BX's stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50