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...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 dollar surged 1 per cent against a basket of six peers, reaching its highest level since November as US price growth proved sticky in March....
...The benchmark S&P 500 was down 1.5 per cent in Friday afternoon trading....
...Tesla shares fell 3.1 per cent, on track for their fifth loss in a row. The electric-car maker has fallen 14 per cent in April....
...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...
...digital subscription to a $1/£1/€1 trial, are here: http://ft.com/lifeandart...
...Wall Street’s S&P 500 was down 0.1 per cent. Consumer discretionary, industrials and tech were the benchmark’s worst-performing sectors, down 0.5 per cent, 0.4 per cent and 0.3 per cent, respectively....
...The price of gold hit a record high for the third session in a row, climbing 1.2 per cent to $2,277 per troy ounce....
...Wall Street’s S&P 500 was down 0.1 per cent on Monday....
...Gold hit a record high for the third successive session, climbing 1.2 per cent to $2,277 per troy ounce....
...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....
...The energy sector was up 1.2 per cent during lunchtime trading, making it the best-performing sector in the S&P 500 on Monday....
...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 S&P 500 was headed for a record closing high as traders assessed US inflation data that unexpectedly increased last month....
...More than 90 per cent of S&P 500 stocks closed higher, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...The S&P 500 closed at record high for the second session in a row after Federal Reserve officials maintained projections to cut interest rates by 0.75 percentage points this year....
...The S&P 500 closed at a record high, even after US inflation data showed price pressures in the world’s largest economy were not cooling as quickly as Wall Street expected....
...S&P Global Ratings has made a hefty revision to its US economic forecast, citing a bigger than expected expansion at the end of last year and a labour market that looks more solid than a month ago....
...The tech-heavy Nasdaq Composite slipped 0.1 per cent....
...Read a transcript of this episode on FT.com...
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