US Stock Reports, Quotes and News
All three major indexes notched record closes in the previous session after a smaller-than-expected rise in consumer inflation fueled optimism that inflation was easing after three months of hotter numbers.
First Industrial Realty Trust (NYSE: NYSE:FR), a leading player in the industrial real estate sector, has reported a strong performance in the first quarter of 2024. The company has successfully signed two major development leases and is making notable progress on its 2024 renewals. With a disciplined industrial market, First Industrial Realty Trust has seen a significant cash rental rate increase and is on track to meet its full-year sales guidance. Adjustments to same-store leasing assumptions have been made in light of economic uncertainty. The company has also provided an updated outlook for funds from operations (FFO) and expects solid growth in same-store net operating income (NOI).
Investing.com – U.S. stocks were lower after the close on Monday, as losses in the Technology, Consumer Goods and Consumer Services sectors led shares lower.
Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Basic Materials, Technology and Consumer Services sectors led shares lower.