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Blackrock Corporate High Yield Fund, Inc. shares rise 2.13% intraday as BlackRock CEO Larry Fink sees potential buying opportunity despite market uncertainty.
ByAinvest
Tuesday, Apr 8, 2025 1:25 pm ET1min read
Blackrock Corporate High Yield Fund, Inc. rose 2.13% intraday. BlackRock CEO Larry Fink's comments on potential stock market declines due to U.S. tariffs and economic contraction concerns were offset by his view that recent market weakness presents a long-term buying opportunity. Additionally, BlackRock's global chief investment strategist Wei Li expressed confidence in fundamentals prevailing over the longer term, despite market uncertainty.
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