Shares of banks and other financial institutions rose slightly as a rebound for regional banks offset disappointing earnings from one alternative-investment giant.
Shares of Blackstone declined after the Wall Street firm said "realizations" fell sharply during the latest quarter from a year earlier, reflecting difficulties exiting large investments. Blackstone executives said the private-equity industry was emerging from a two-year hibernation.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
04-18-24 1748ET