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...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
...More than 90 per cent of S&P 500 stocks closed higher on Wednesday, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...More than 90 per cent of S&P 500 stocks closed higher, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
...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....
...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...
...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....
...Since then, its shares have climbed 5 per cent, underperforming Spanish rival BBVA but doing better than CaixaBank. On Monday Santander’s share price rose nearly 3 per cent....
...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 Nobel and Pulitzer Prize-winning author Pearl S Buck amassed a personal library that fills two rooms of her 19th-century Pennsylvania farmhouse....
...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....
...Vandevelde, 73, is presently a director at the company and will replace chief executive Fabien Simon at the start of April on an interim basis and lead a search for a new CEO....
...worth less than the face value of their debt, in a scenario that can help borrowers and private equity sponsors avoid expensive bankruptcy proceedings....
...The S&P 500 was headed for a new record high on Thursday as chipmakers rallied in the session following Nvidia’s blockbuster earnings....
...The S&P 500 gained 1 per cent to reach its 16th record high of 2024, with all sectors of the index closing higher. The Nasdaq Composite rose 1.5 per cent but just missed setting a new peak close....
...Although the tech-heavy index missed out on setting a new peak close by just 1.6 index points, it managed to notch a record intraday high....
...Year-to-date things are looking only slightly better, with US equity long/short hedge funds trailing the S&P 500’s continued surge by about one percentage point. That’s all fine....
...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....
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