NYSE Content Advisory: Pre-Market update + Warren Buffett to step down as Berkshire Hathaway CEO
- Warren Buffett told investors over the weekend at the company's annual meeting that he is going to step down as CEO of Berkshire Hathaway (NYSE: BRK) at the end of this year. Buffet will remain as chairman with
Greg Abel replacing him as CEO. - Stocks are pointing to a lower open early Monday after the S&P 500 extended its win streak Friday to the longest stretch of consecutive gains in just over two decades.
- The
Federal Reserve will deliver a decision on interest rates Wednesday and the central bank is expected to keep borrowing costs steady.
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Video - https://mma.prnewswire.com/media/2679374/NYSE_Market_Update_May_5.mp4
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