Shares of banks and other financial institutions rose as traders rotated into some of this year's lagging sectors and out of tech stocks.
Shares of some of the money managers hardest hit in the private-credit scare rallied Tuesday. Blackstone shares rose by more than 5%.
Airtrunk, a hyperscale data-center operator owned by Blackstone and the Canada Pension Plan's investment arm, has started tapping select investors ahead of an initial-public offering in Singapore.
Predictions-markets firm Kalshi is planning to require participants in some markets disclose the identity of their employers, following controversy over U.S. government officials and others using insider information.
Write to Rob Curran at rob.curran@dowjones.com
