US market shrinks for the first time since 2009

clock

The number of stocks on the US stock market has reached its lowest level since 2009 as companies cut back on share sales and buy back equity at the fastest pace in four years

As a result, Standard & Poor's 500 Index divisor, a measure of outstanding shares, fell by 0.6% last quarter, its first drop since March 2009, Bloomberg reports. Data from stock market research firm...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

The largest inflation contributors were housing and household services, and transport
UK

'Back to the nineties': Industry reacts as UK inflation reaches 30-year high

The UK’s Consumer Price Index rose 20 basis points above expectations to 5.4% in the 12 months to December 2021, according to the Office for National Statistics, reaching its highest level since March 1992.

Lauren Mason
clock 19 January 2022 • 4 min read
Gurpreet Gill of Goldman Sachs Asset Management

Interest rate hikes will alter the investment landscape in 2022

Central banks expected to take action

Gurpreet Gill
clock 12 January 2022 • 4 min read
The European Central Bank (ECB)

ECB begins cautious taper while holding rates

PEPP will end by March 2022

clock 16 December 2021 • 2 min read
Trustpilot