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...For the quarter to March pre-tax profit fell nearly 2 per cent to $12.7bn but still slightly beat expectations....
...HSBC’s chief executive Noel Quinn caught investors off guard by saying he would retire after five years, setting off a hunt for a successor at the London-headquartered bank....
...The S&P 500 declined on Thursday, headed for its fifth straight loss since October....
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...The blue-chip S&P 500 dropped 0.9 per cent on Friday, capping its longest losing streak since October 2022. It fell for the third week in a row, losing 3.1 per cent across five sessions....
...The tech-heavy Nasdaq Composite fell 1 per cent as six of the Big Tech stocks in the Magnificent Seven declined. The small-cap focused Russell 2000 fell 1.8 per cent....
...The cosmetics retailer fell 15.3 per cent, its biggest daily drop since 2020, after warning of slowing demand....
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
...The tech-heavy Nasdaq Composite fell 1 per cent as six of the Big Tech stocks in the Magnificent Seven declined....
...Reported pre-tax profits for the fourth quarter fell by $4.1bn, to $1bn....
...The S&P 500 closed at a record high on Thursday despite a decline in Big Tech stocks....
...The S&P 500 eked out a new record high on Friday as a broad rally outweighed a dip in tech groups. The benchmark index rose by less than 0.1 per cent, with two-thirds of companies advancing....
...Wall Street’s benchmark S&P 500 fell 1.4 per cent, while the technology-heavy Nasdaq Composite lost 2.2 per cent....
...The benchmark S&P 500 dipped 0.4 per cent shortly after the opening bell in New York. The tech-heavy Nasdaq Composite dropped 0.5 per cent....
...Tech stocks, which played a leading role in propelling the S&P 500 to a record high in January, fell on Wednesday....
...The benchmark S&P 500 fell 0.1 per cent on Wednesday afternoon, but switched between gains and losses in the session with industrials as the worst-performing sector....
...Stocks fell and bond yields rose on Tuesday after the US reported that inflation had cooled less than expected in January....
...The benchmark S&P 500 rose 1 per cent on Friday, with strong gains in tech stocks leading the index....
...Oil prices fell, with international benchmark Brent crude dropping 1.4 per cent to $88.35 a barrel....
...The rising greenback put pressure on the yen, which fell to ¥157.57, a 34-year low....
...The blue-chip S&P 500 dropped 1 per cent, while the tech-heavy Nasdaq Composite fell 2 per cent....
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