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Market Update: MS, CTLT

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Catalent, Inc. (CTLT) Stock Forecasts

AllMarket Update

Argus•January 16, 2024
Sector(s)

Financial Services, Healthcare

Summary

U.S. stocks were mixed on Tuesday morning following the holiday-shortened week. Wells Fargo, JPMorgan and Morgan Stanley have announced new bond issues ahead of new regulatory requirements to maintain higher capital reserves. U.S. Treasury yields are up. The Dow fell 0.4%, the S&P 0.1%, while the Nasdaq was up 0.1%. Crude oil dropped to $72 per barrel, while gold fell $8 to $2043 per ounce.

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