Hints and tips:
...Sananda Maitreya (formerly Terence Trent D’Arby) sings unfocused verses about existence on the trip-hoppy “Reflecting Light”....
...The yield on the 10-year US Treasury, which moves inversely to its price, rose 0.039 percentage points to 0.685 per cent....
...Gold for December delivery settled 0.3 per cent higher to $2,039 a troy ounce....
...Staffordshire, England Polymath 1,040: Patricia Blakemore, West Midlands, England Crossword 16,272: Martha F Browne, New York; Sean Putnam, Wellingborough, UK; Richard Cauman, Knoxville, US Polymath 1,039...
...Wall Street’s benchmark equity index rallied 0.6 per cent to close at an all-time high of 3,039....
...The benchmark S&P 500 closed 0.6 per cent higher at 3,039.4, taking it past its previous peak of 3,025.9 on July 26 and notching an intraday record of 3,044.1 in the process....
...Buffalo Wild Wing shares, which closed on Monday at $146.40, rose more than 6 per cent to $155.57 after Arby’s takeover offer was announced....
...The Nasdaq Composite delivered a similar performance to set a high of 8,030.039, up 0.2 per cent. The dollar index is 0.1 per cent weaker and down at levels last seen in early August....
...P 500’s “melt-up”....
...heavily from one law firm: Skadden (FT) Antitrust chief promises faster reviews of US mergers (FT) Michael Kors bags Versace in €1.83bn deal (FT) Comcast/Sky/Disney: wanted, dead or alive (FT Lex) Arby...
...That debt attracted a triple-C plus rating from S&P Global, deep within junk territory....
...Just last month, Arby’s Restaurant Group agreed to buy Buffalo Wild Wings for $2.9bn, including debt, while Ruby Tuesday agreed to be taken private in a $146m deal in October....
...Elsewhere, the yield on the US 10-year Treasury, which moves inversely to price, rose 4 basis points (0.039 percentage points) to 2.10 per cent....
...The yield on the US 10-year, which moves inversely to price, fell 0.039 percentage point to 2.321 per cent....
...Then came James Mackintosh, who wrote 1,039 Short Views (I had thought he was further ahead of me than that)....
...The broad S&P 500 slipped 0.2 per cent to 2,338.2, while the Nasdaq Composite ticked 0.1 per cent higher to 5,857.9. The S&P 500 energy sector faced the heaviest selling, dropping 1.5 per cent....
...Last month the exchange operator said total securities market turnover in October was down 15 per cent from a year earlier to S$19.6bn ($13.84bn)....
...Last month the exchange operator said total securities market turnover in October fell 15 per cent from a year earlier to S$19.6bn (US$13.84bn)....
...Australia’s S&P/ASX 200 gained 2.8 per cent, more than recouping yesterday’s drop....
...That saw the dollar index, a measure of the US currency against a basket of peers, rise 0.5 per cent yesterday and hold steady in Asia at 96.039....
...US markets S&P 500 up +0.43 (+0.02%) at 2,133 DJIA up +39.44 (+0.22%) at 18,138 Nasdaq up +0.83 (+0.02%) at 5,214 European markets Eurofirst 300 up +17.59 (+1.33%) at 1,342 FTSE100 up +35.81 (+0.51%)...
...This morning, the yen is flat at Y113.81 per dollar, while the yield on 10-year JGBs is down 3.4 basis points at -0.039 per cent....
...On Wall Street, the S&P 500 ended 0.3 per cent higher at 2,057 on Friday, having dipped to 2,039.45 in the wake of the payrolls figures. For the week, the equity benchmark was down 0.4 per cent....
...The S&P 500 slid 0.6 per cent to 2,067.64, the Dow Jones Industrial Average declined 0.7 per cent to 17,440.59. The Nasdaq Composite fell 1 per cent to 5,039.78....
...The 200-day moving average is 2,039. One reason for the S&P’s dip was supposedly the surging dollar, which was seen signalling increased bets on a Fed rate rise....
International Edition