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...Rising energy costs pushed US inflation above forecasts in August, threatening to complicate the Federal Reserve’s battle to keep prices under control....
...This is the first time the index has risen above 50, the level that separates expansion from contraction, since August last year....
...It was the first time since August that the reading exceeded 50, indicating that most businesses reported expansion....
...Tim Moore, economics director at S&P Global Market Intelligence, said last month marked “the best performance for the construction sector since August 2023” but cautioned that contractors were still feeling...
...July and August; further information here August Festivals In August, much of the city scarpers, fleeing the heat for the coast....
...Interest rate-sensitive stocks rallied on Friday, with the real estate and financials sectors the best performers in the S&P 500, which gained 1.1 per cent....
...The benchmark S&P 500 closed 1.2 per cent higher for the gauge’s biggest one-day gain since late August. The tech-heavy Nasdaq Composite also gained 1.2 per cent....
...The S&P Global UK construction purchasing managers’ index rose to 48.8 in January, up from 46.8 in December and the highest since August 2023....
...Job losses in manufacturing matched the highest level since August 2020, although this was more than offset by hiring in the services sector....
...That was the longest winning streak since a four-day run at the end of August. The tech-heavy Nasdaq Composite gained 0.4 per cent. All of the Magnificent Seven tech stocks advanced....
...Wall Street’s benchmark closed 1.2 per cent higher on Friday, notching its biggest one-day jump since the end of August....
...The S&P Global/Cips UK Construction Purchasing Managers’ Index, a measure of activity, fell to 50.8 in August, down from 51.7 in July....
...Financial markets are pricing that the BoE will start cutting its benchmark rate in June or August, taking the cost of borrowing to 4.5 per cent by the end of 2024....
...Around the corner, Calle del Oso was in effect the main drag of this fiesta, with coloured garlands and manila shawls strung overhead between the tenement balconies....
...It passed a closing high of 4,305.2 on August 16 of last year, before worries about hot inflation data and higher interest rates knocked Wall Street through late summer and autumn....
...The S&P 500 finished up by 0.1 per cent and the Nasdaq Composite gained 0.3 per cent....
...After a brief rally, the S&P 500 and the Nasdaq Composite were flat in mid-afternoon trade....
...He worked there from October 2018, and headed the firm’s S&P 500 options desk until his move to Millennium in February. Spottiswood worked for Jane Street from August 2020 to February....
...On average across the 20 cities surveyed, prices rose 2.2 per cent year on year in August, according to the S&P Corelogic Case-Shiller index....
...August 16: August 20: August 24: September 13: September 14: October 4: October 12: CAB Payments [ . . . ] is pleased to announce the appointment of Barclays Bank PLC (“Barclays”) and Canaccord Genuity...
...Australia’s S&P/ASX 200 started the day up 1.44 per cent, reaching a level not seen since August 1....
...And all those things sort of coincide at around the market peak in late July or early August....
...The BIS doesn’t disagree that so-called 0DTEs have become wildly popular, noting that they accounted for over half of all SPX options trading volume in August 2023, up from only 5 per cent in 2016....
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