1 hour ago
Live Nation Entertainment stock falls after hours
Shares of Live Nation Entertainment fell 7% in after-hours trading after the Wall Street Journal reported, citing people familiar with the matter, that the U.S. Department of Justice plans to sue Ticketmaster’s parent company in the coming weeks. It fell more than that. The antitrust lawsuit alleges that Live Nation used its power and influence in promoting the concert to undermine it, the report said.
Live Nation stock has risen more than 6% this year.
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live nation entertainment
1 hour ago
The VIX index, Wall Street’s “fear index,” closed at its highest level since the bull market began in late October.
The VIX index closed Monday at its highest since Oct. 30, 2023, suggesting Wall Street expects further price movements in the coming days and weeks.
The Chicago Options Exchange Volatility Index, known as a measure of investor nervousness, closed at 19.23 on Monday, after rising to 19.46, its highest intraday since Oct. 31, 2023.
The VIX, also known as the “fear index,” has been rising sharply since closing at a year-to-date low of 12.44 on January 11. The VIX has hit consecutive highs over the past three trading sessions.
The last time the VIX was higher than Monday was in late October, just as the current stock market rally was beginning.
— Scott Schnipper
1 hour ago
Stock futures trading remains largely unchanged
U.S. stock futures opened little changed Monday night.
Dow Jones Industrial Average futures rose 19 points, or 0.05%. S&P 500 futures and Nasdaq 100 futures rose 0.02% and 0.07%, respectively.
— Sarah Min
