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...Swatch: Shares lost 3 per cent after earnings were weighed down by a strong Swiss franc and its dividend payment missed investor expectations....
...However you choose to mark the moment, from a steel Swatch to a one-of-a-kind Vacheron Constantin inlaid with 146 baguette-cut diamonds, here is our selection of dragon-themed watches....
...Investors were jittery as the Federal Reserve began a two-date rate-setting meeting....
...The S&P 500 closed 1.3 per cent higher on Friday, its biggest one-day gain since late February. Almost three-quarters of its members advanced, led by strong gains in the tech sector....
...Carefully managed supply means high-end demand won’t drop off a cliff, while at the lower end Swatch hasn’t yet run out of ways to sell Moonswatches....
...The S&P 500 rose 1 per cent as US stocks and Treasuries rallied after US Federal Reserve chair Jay Powell said it was unlikely the Federal Reserve’s next policy move would be an interest rate increase....
...Global demand for Swatch watches and a strong rebound in China pushed sales at the Swiss watchmaker to pre-pandemic levels....
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
...Global demand for Swatch watches and a strong rebound in China pushed interim sales at the Swiss watchmaker to above pre-pandemic levels....
...The sector as a whole also breathed a sigh of relief, with the S&P Global Luxury index rising almost 3 per cent....
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...S&P said it originally expected the war would not last “more than six months” as it downgraded Israel’s sovereign credit rating from double A minus to A plus....
...The S&P 500 declined on Thursday, headed for its fifth straight loss since October....
...Meanwhile, Nick Hayek, chief executive of Swatch, said a slowdown in prices for used watches was a healthy dynamic for the industry, marking the end of a speculative bubble....
...The S&P 500 notched its first gain of the week, recovering from a back-to-back decline, as traders took in new data that indicated a softening US economy....
...US blue-chips ended their best quarter in five years, with the S&P 500 squeezing out a 0.1 per cent gain even as big tech names including Apple, Tesla and Meta dragged the Nasdaq Composite to a similar-sized...
...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....
...More than 90 per cent of S&P 500 stocks closed higher on Wednesday, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...Meanwhile, the dollar was up 0.6 per cent against a basket of six peers and on track for a four-session winning streak....
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
...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....
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