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...US stocks sold off on Wednesday, with major indices headed for their fourth straight daily loss....
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...The S&P 500 notched its first gain of the week, recovering from a back-to-back decline, as traders took in new data that indicated a softening US economy....
...The tech-heavy Nasdaq Composite rose 1.7 per cent, its best daily gain in more than three weeks....
...The S&P 500 increased 0.9 per cent, with gains concentrated in the tech and industrials sectors....
...But what’s most entertaining is that the government goes ahead and shows the professor’s ongoing work calculating Alameda’s historical balances with FTX — basically the firm’s net P&L — from last year:...
...Meta, Amazon, Microsoft and Alphabet notched their biggest daily drops days since late October, while Apple and Nvidia fell the most since January 2....
...(Alphaville believes that using L’Oréal as an O is cheating, even if it makes your acronym look nicer.)...
...While the S&P 500 has advanced steadily since October 27 (+22.1%), stock leadership has flipped 180° since the start of the year on shifting Fed policy forecasts....
...The investor group also includes private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017....
...The technology-heavy Nasdaq Composite fell 1.4 per cent in its biggest daily loss since early March....
...The technology-heavy Nasdaq Composite fell 1.4 per cent, in its biggest daily loss since early March....
...In other words, these products should probably be seen as a manifestation of risk-on in the new bull market, rather than a defensive play on yield....
...The S&P 500 was down 0.8 per cent in mid-afternoon trade, while the Nasdaq Composite fell 1.4 per cent amid a sell-off in tech shares....
...Global demand for plastics, which makes up 50 per cent of petrochemical demand, is expected to nearly double by mid-century, according to S&P Global Commodity Insights....
...After the change, due to take place on Friday, global miners will share a total of 450 new bitcoins daily, down from 900, for verifying the latest transactions in bitcoin....
...The benchmark S&P 500 finished 1.6 per cent higher on Friday, closing the week 1.3 per cent higher....
...Welcome to FT Edit’s news briefing. Sorry if you were missing your rundown yesterday, but we’re back! You can come back every weekday for a few words that will tell you a lot about what’s happening....
...Welcome to FT Edit’s news briefing! Read this daily to get caught up on the news driving global events. If you like this briefing, or have any feedback email us a ftedit@ft.com....
...Welcome to FT Edit’s news briefing! Read this daily to get caught up on the news driving global events in less time than it takes to make a coffee....
...The Granolas’ share of the Stoxx Europe 600 index has climbed to 25 per cent, approaching the Magnificent Seven’s 28 per cent weighting in the S&P 500....
...Conspiracy theorists see a new tool designed to destroy freedom. Why has the idea proven so controversial? Now read this . . ....
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