Initial public offering activity should recover in 2024 as borrowing costs come down and equity markets are less volatile, the vice-chair of the New York Stock Exchange said in an interview on Monday. "We have a robust pipeline from across sectors and geographies," John Tuttle told the Reuters Global Markets Forum ahead of the World Economic Forum's annual meeting in Davos. Tuttle attributed the pickup in confidence to more stability in U.S. interest rates, record-high equity indexes and relatively low market volatility.
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