Shares of BlackRock Inc. (BLK) touched a 52-week high of $641.40 Tuesday morning, and are currently trading at $636.78, up $21.89 or 3.56% in the regular trading session. Trading volume is 295K versus an average volume of 615K shares. The company reported third-quarter net income of $1.36 billion…
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The global economy is set to contract less severely than initially feared due to better-than-expected outcomes in the main economies in the second quarter despite the lockdowns to battle the coronavirus pandemic, but the outlook remains clouded with uncertainty, especially for emerging markets, the International Monetary Fund said Tuesday.
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