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...The flash composite purchasing managers’ index for the eurozone, tracked by policymakers as an early gauge of economic fortunes, rose to an 11-month high of 51.4 in April, up from 50.3 a month earlier....
...The S&P 500 was headed for a new record high on Thursday as chipmakers rallied in the session following Nvidia’s blockbuster earnings....
...Wall Street’s major stock gauges both closed at fresh record on Friday for a second straight week of gains as the biggest tech stocks continued to advance while soft data boosted rate cut hopes....
...The S&P 500 closed at a record high on Wednesday as tech stocks led a broad rally in the benchmark US index....
...Rawlinson, who was the chief engineer on Tesla’s Model S and has run Saudi-backed EV group Lucid for the past 11 years, said Musk’s business was still far ahead of Chinese competitors, but risked losing...
...The S&P 500 notched a record high close on Wednesday as tech stocks led a broad rally in the benchmark index....
...And over the past 21 years, book value per share has compounded at 11 per cent per year at Berkshire, compared with 6 per cent for the S&P. Why has this not translated to outperformance by Berkshire?...
...US stocks rose, with gains for tech groups leading a broad rally that put the S&P 500 on track for a record high close....
...On a long-term view, some of the FTSE 100’s less glamorous members, companies such as Compass, Intertek, Relx, Experian and Diploma as well as Bunzl and Howdens, have performed far better than the household...
...US stocks closed higher for the third session in a row, keeping up the momentum that pushed the S&P 500 to a record high on Friday....
...US stocks closed higher for the third session in a row, keeping up the momentum that helped push the S&P 500 to its first record high in two years on Friday....
...11 per cent — a level it said improved in the second half of the year thanks to significant cost reductions....
...Sainsbury’s announced in January it would increase its hourly rate from £11 to £12 for 120,000 employees from March, a move that will cost it £200mn....
...One reason for the modest outlook, Buffett writes, is that his company is so big now — 6 per cent of the S&P 500’s total shareholders’ equity — that there are no companies in the US or abroad that are (a...
...Growth in the eurozone’s services sector offset weakness in manufacturing to lift S&P Global’s monthly gauge of corporate activity to its highest level for almost a year....
...Only 11 per cent expected activity to fall....
...Wall Street’s benchmark S&P 500 was up 0.4 per cent shortly after the opening bell in New York. The tech-heavy Nasdaq Composite rose 0.5 per cent....
...The yield on US two-year note was up 0.02 percentage points to 4.6 per cent, indicating a decline in the debt’s price. The 10-year yield dropped 0.06 percentage points to 4.11 per cent....
...The benchmark S&P 500 fell 0.3 per cent in Wednesday afternoon trading, dragged lower by weakness in the tech sector. Four of 11 sectors made gains, with utilities faring best....
...Wall Street’s benchmark S&P 500 added 0.6 per cent, as 10 of the 11 sectors rose. International Paper was the best performer on the index, rising 11 per cent....
...Ukrainian forces advanced into Kherson on November 11 after Russia said its forces had completed their withdrawal from the southern city, sealing one of the biggest setbacks to Putin’s invasion....
...The 10-year yield dropped 0.06 percentage points to 4.11 per cent. The dollar gained 0.2 per cent against a basket of currencies, pushing higher for the third session in a row....
...In fixed income, currencies and commodities trading, income dropped 21 per cent to £1.4bn, even as German rival Deutsche Bank on Thursday posted its best quarterly results in 11 years in part due to better...
...A stronger-than-expected US jobs report lifted bond yields and stocks on Friday as traders scaled back bets on interest rate cuts from the Federal Reserve this year....
...Wall Street’s S&P 500 index closed 0.9 per cent lower on Wednesday. Every sector declined, except for energy, which was helped by a rebound in the price of oil....
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