CEOs See Big Pay Growth Across S&P 500 Leaders
The typical CEO compensation in the S&P 500 rose about 13 percent to a median of $16.3 million in 2023, while private workers gained 4.1 percent. Broadcom’s Hock Tan led with about $162 million, aided by stock awards. Apple’s Tim Cook saw a 36 percent pay cut year over year.
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Tech stocks lift Nasdaq while Dow slips in mixed session
Wall Street closed mixed as the S&P 500 rose 5.89 points to 5,283.40 while the Dow fell 115.29 to 38,571.03 and the Nasdaq gained 93.65 to 16,828.67. Nvidia jumped 4.9 percent and GameStop surged 21 percent as manufacturing weakness and high rates weigh on the economy.
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