
Equitable Holdings and Corebridge Financial struck a deal Thursday to merge in an all-stock transaction valued at roughly $22 billion. The combined company will oversee upwards of $1.5 trillion in assets under management and administration, serving more than 12 million customers across the U.S. The announcement landed after both the Financial Times and Bloomberg reported the two insurers were closing in on an agreement.
Today’s highest-ranked model selections.
The catalysts most likely to move markets.
A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.
Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.
Guidance can influence software multiples and sentiment around U.S. small-business activity.