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...Shares in Boeing gained 1.7 per cent after the aircraft manufacturer announced that chief executive Dave Calhoun would step down at the end of the year....
...The S&P Global UK manufacturing purchasing managers’ index rose to a 20-month high of 50.3 in March, up from 47.5 in February and above the flash reading of 49.9....
...Bezos remains Amazon’s largest shareholder, with a stake of about 9 per cent even after the recent sales, data from S&P Capital IQ indicates....
...It was also good that chief executive Dave Calhoun focused solely on safety issues, leaving the numbers to the CFO....
...The S&P 500 index was back on form with a sterling total return approaching 10 per cent, European equities surged and even Japanese shares enjoyed rich gains after a long stint in the doldrums....
...Treasuries rallied and the S&P 500 fell 1.6 per cent. [MUSIC PLAYING] The European Union is locked in a battle with Hungary’s prime minister, Viktor Orbán....
...Clark’s tumultuous last days at Flexport: Standoffs, politics, and spin (CNBC) — Active Success: Still Elusive (S&P Dow Jones Indices) — The Fed is on Insta now (Federal Reserve)...
...Nevertheless, “investors are skittish on what came out of China”, said Dave Wagner at Aptus Capital Advisors....
...a 9.3 per cent fall in the S&P 500....
...Jimmy Page of Led Zeppelin has a notable number of paintings, as did the late Genesis P-Orridge – founder of industrial sound provocateurs Throbbing Gristle....
...This may well present a more obvious buying opportunity than piling into an S&P 500 tracker. But price tag aside, can investment trusts lure buyers away?...
...“The zeitgeist of the retail ETF investor has moved on to income-based products and options-based products,” said Dave Mazza, chief strategy officer at Roundhill Investments, which plans to launch three...
...Dave Calhoun, Boeing’s chief executive, is stepping down....
...So say you’re a sterling investor holding again an S&P 500 ETF....
...Economic data: S&P Global publishes its manufacturing and services purchasing managers’ indices for the US....
...A rapid increase in the use of very short-term options, known as “zero-day-to-expiry” (0DTE) contracts, linked to the S&P 500 index and the world’s largest tracker fund, the $402bn SPDR S&P 500 ETF (SPY)...
...The S&P 500 ended last month nearly 9 per cent higher, and US Treasuries had their best month since, well, since leg warmers were in fashion....
...Lyft, which operates in North America, said it expected $957mn revenue in the current quarter, below the $1.1bn expected by analysts, according to S&P Capital IQ....
...Forecasts for profitability, on an adjusted basis, were placed at between $5mn and $15mn for the current quarter, well below Wall Street’s expectations for around $85mn, according to S&P Capital IQ....
...I think the mutual fund is now a retirement vehicle,” says Dave Nadig, who helped design some of the first ETFs in the 1990s....
...Its price-to-earnings ratio is 25, not far from the broad S&P 500 ratio of 20....
...growth.The San Francisco-based group, which last week announced it was cutting 13 per cent of its workforce, saw quarterly revenues reach $1.05bn, slightly below Wall Street consensus, according to data from S&P...
...Investors had been expecting more than $155bn, according to data from S&P Capital IQ....
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