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Ares Management Corporation (ARES) saw its stock climb after being added to the S&P 500 and rebranding its global logistics real estate assets under the new name Marq Logistics. The moves signal a strategic focus on enhancing market visibility and streamlining its logistics platform.
Wall Street strategists are forecasting a bullish 2026 for equities, driven by widespread expectations of Federal Reserve rate cuts. This optimism persists despite the central bank's own cautious projections, with investors pricing in a more accommodative monetary policy to fuel economic growth and corporate earnings.
Moderna has secured a $1.5 billion five-year loan from Ares Management to bolster its finances ahead of a strategic update. The move aims to fund growth initiatives as the company navigates a post-COVID revenue decline.
Ares Management will join the S&P 500 index, replacing Kellanova, a move that prompted an immediate 7.5% increase in Ares's stock price during after-hours trading. This inclusion signals significant institutional demand as index-tracking funds are now mandated to acquire the shares.