Hints and tips:
...Clashing with the ‘Redditors’ Early in February 2020, before Covid-19 had been defined as a pandemic, the S&P 500, America’s benchmark stock index, was trading close to an all-time high....
...Australia’s S&P/ASX 200 added 0.2 per cent, while Hong Kong’s Hang Seng was up 0.4 per cent....
...Data this morning showed wholesale inflation came in slightly lower than expected in March....
...The energy sector was the best performer for the Nikkei, up 6 per cent, the S&P/ASX 200, up 4.2 per cent and Hang Seng, up 4 per cent....
...US index futures suggest the S&P 500 will add 3 points to 1,930 later on Thursday, leaving the important equity barometer in line for a fourth positive day in a row, its best winning streak this year....
...The “onshore” renminbi, Singapore, Australian and Taiwanese dollars were the best performers this morning, up by about 0.2 per cent....
...Goodyear Tire & Rubber was one of the best performing stock on the S&P 500 after a one-time benefit tied to the release of a tax valuation allowance helped the company post fourth-quarter profits that eclipsed...
...Another high-profile flash crash and once again the market is pondering the unintended consequences of wholesale rulemaking....
...Erik Prusch, Clearwire chief executive, said: “Our board of directors has been reviewing available strategic alternatives over the course of the last two years…[This] is the best path forward.”...
...Goldman downgraded BJs Wholesale Club, however, the warehouse club that has prospered as shoppers look for bargains....
...By the close of trading in New York, the S&P 500 index was 0.4 per cent higher at 1,397.68 while the Nasdaq Composite was 0.5 per cent higher at 2,451.24....
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