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...“Neither [candidate for president] is talking about fiscal rectitude, and one of them is actually talking about extending tax cuts,” said David Page, head of macroeconomic research at Axa Investment Managers...
...The disposals flattered 2023’s results but have raised questions over future sources of growth....
...Founded by former Havas chief executive David Jones, the group has raised $115mn from new investors including Fimalac, the French company that used to own Fitch, and NendoLabs, a venture capital firm, valuing...
...S&P 500 dividend yields went as high as 9.2 per cent in the first quarter of 1938, according to S&P Dow Jones Indices. Even IPOs paid them, as I read to my surprise in Peris’s book....
...The blue-chip S&P 500 closed up 0.9 per cent, at a new record, continuing a rally that has pushed the index 27 per cent higher since October. The Nasdaq Composite gained 1.3 per cent....
...It looks back to 2013’s A Bad Wind Blows in My Heart, which Ryder-Jones rightly considers his best work....
...But their reaction on Wednesday to the Fed’s announcement was far from disappointment, with a sharp rise in equities feeding a rally that has added 27 per cent to the S&P 500 since October....
...After an early move higher, the S&P 500 swung into negative territory during late-morning trade and finished down 0.7 per cent from Thursday’s record closing high....
...The S&P 500 was up 0.3 per cent in afternoon trading on Thursday....
...We still expect there will be some slowdown, but it’s likely to be pushed back until the second half of the year,” said Satyam Panday, chief US economist at S&P Global Ratings....
...Stocks and bonds were both higher on Thursday, with the S&P 500 up 1.2 per cent while yields on rate-sensitive two-year Treasuries hovered around three-week lows at 4.52 per cent....
...US stocks finished higher on Tuesday, with Wall Street’s S&P 500 climbing 1.1 per cent to a record-high close and the technology-heavy Nasdaq Composite gaining 1.5 per cent....
...The S&P 500 is up more than a third since the start of 2021 and hit record highs this year. Unemployment is near record lows....
...Australia’s benchmark S&P/ASX 200 jumped 1.1 per cent to hit a four-month high....
...The S&P had edged upwards 0.1 per cent by midday trading on Friday, after losses earlier in the week....
...That’s Signa with an S, not a C. It owns stakes and trophy assets like Selfridges in London and New York city’s Chrysler building....
...The S&P 500 rose by 0.2 per cent after federal data showed that prices increased more slowly than expected in November, putting Wall Street’s benchmark share gauge within 1 per cent of the all-time closing...
...“Utterly, irredeemably terminally German” — poet Michael Hofmann on Caspar David Friedrich in the LRB....
...“The paper[s] may have been accidentally thrown away when the department moved,” said Martin Zauner, a far-right politician who is a member of the Salzburg regional coalition government and is responsible...
...“They’re not willing to say ‘we’ve won’,” said David Kelly, chief global strategist at JPMorgan Asset Management, referring to the Fed’s battle against inflation....
...The S&P 500 gained 1.1 per cent on Friday to a record high as a surge in tech stocks helped the market shrug off the change in interest rate expectations....
...David Nicol, a Julius Baer board member who also led its governance and risk committee, is also set to leave, according to people briefed on the decisions....
...The reaction in stock markets was muted, with Wall Street’s S&P 500 trading 0.3 per cent lower....
...“The president made it unmistakably clear that Israel needs to do — and the president expects them to do — a great deal more with regard to facilitating humanitarian assistance into Gaza,” said Aaron David...
...Cook (drums), using equipment famously purloined from Roxy Music, David Bowie, Rod Stewart and the BBC....
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