AGP Executive Report
Last update: 3 hours agoMarkets: U.S. stocks bounced Monday as oil prices fell about 6% and manufacturing activity strengthened. The Nasdaq rose 1.2% and the S&P 500 gained 1%, though concern over tech companies’ AI spending remains. Small-Business Growth: New York-based Next Street will use $2.4 million in JPMorganChase support to help small businesses compete for semiconductor supply-chain contracts. The program targets more than 60 firms as New York and Arizona attract nearly $590 billion in announced chip investments. City Economy: New York City shed 30,000 jobs as restaurants faced mounting financial pressure. Hochul also announced $3.3 million for Queens projects, including workforce training and food access. Commercial Real Estate: Rye-based Acadia Realty Trust reported third-quarter funds from operations of $45.2 million, meeting analysts’ expectations, on $95 million in revenue.
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