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...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....
...A former S&C partner, Ryne Miller, was FTX US’s general counsel....
...Thursday’s small gain left the S&P 500 up 10.2 per cent this year, while the Nasdaq Composite has added 9 per cent....
...Gains for stocks accelerated in the final hour of trading to leave the S&P 500 up 0.9 per cent....
...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....
...Wall Street’s S&P 500 was down 0.1 per cent on Monday....
...The head of F1’s governing body told the FT last week it was “damaging the sport”....
...Gains for stocks accelerated in the final hour of trading to leave the S&P 500 up 0.9 per cent on Wednesday....
...Wall Street’s S&P 500 was down 0.2 per cent in mid-morning dealings on Friday, and leaving it up 2.2 per cent week-to-date. That is set to be the benchmark’s biggest weekly gain since December....
...) big enough to make a meaningful impact on Berkshire’s earnings, (b) possible to reliably value, (c) have trustworthy and competent management, and (d) are available at a reasonable price....
...But otherwise, give me a V-sweet C-suite job any time. As if anyone would....
...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 S&P 500 was headed for a record closing high as traders assessed US inflation data that unexpectedly increased last month....
...For instance, just one tech company’s recent gains added the equivalent of the market capitalization of the bottom 100 companies in the S&P 500, and the size of the crypto market doubled since last fall....
...and that “S&C knew, or was in a position to know, that FTX was co-mingling customer assets”....
...The average number of defaults for the same period in the years 2010-23 was slightly more than 16, according to the S&P data....
...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 benchmark S&P 500 index rose 0.5 per cent in a broad rally, with tech and real estate the best-performing sectors. Nearly two-thirds of stocks closed higher....
...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....
...Stock markets in Asia were muted in early trading on Wednesday despite the US S&P 500 closing at a record high....
...The S&P 500 closed at a record high on Thursday as tech stocks rallied following Nvidia’s blockbuster earnings on Wednesday. The benchmark index rose 2.1 per cent in a broad rally led by tech stocks....
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