BlackRock stock braces for Monday as Panama court clouds $23 billion ports sale
Panama’s Supreme Court voided key port contracts held by a CK Hutchison unit, jeopardizing a $23 billion ports sale to a BlackRock-led group. BlackRock shares fell 0.7% to $1,118.94 on Friday. U.S. stocks broadly declined amid inflation and Fed concerns. Investors await fallout from the Panama ruling and upcoming U.S. economic data.
