Hints and tips:
...The day ahead Markets European stocks and futures contracts tracking the blue-chip S&P 500 and Nasdaq rose this morning....
...But the demo is rigged, writes Burkeman: there are, and always will be, far more rocks than can fit in the jar....
...If the shutdown lasts for a week or more, stored petroleum levels on the gulf coast will rise to fill available storage, said Richard Joswick, head of global oil analytics for S&P Global Platts, while in...
...A new breed of narrative horror games prioritises atmosphere over combat, including Soma and Amnesia by Swedish team Frictional Games, an eerie demo for a cancelled Silent Hill sequel called P.T., and Taiwanese...
...students, who tend to take on more debt, are more likely to drop out, earn less of a pay bump as a result of their degree, and end up defaulting at a much higher rate, according to a report by think-tanks Demos...
...Its healthy operating margins — 18.5 per cent, according to S&P Global — might also take a knock....
...Naveen Sarma of S&P Global said the current Disney bid could push its rating to triple-B plus from A plus....
...“Big Tech and Silicon Valley have been among the most politically insulated sectors in the S&P 500, while financials and energy have been among the most closely scrutinised....
.... ——————————————- Letter in response to this editorial: Indignant public may have had enough / From Mr P Roberts...
...P Roberts, Athens, Greece...
...Without Apple the earnings of S&P 500 companies would show zero growth as companies have mostly beat low expectations....
...The rule shifts the market-wide benchmark from the Dow Jones Industrial Average of 30 stocks to the S&P 500 index....
...At the same time, small investors continue to be sceptical of the market despite the best first quarter for the S&P 500 stock index in over a decade....
...That level is high compared to the S&P 500 average of 4 per cent, but the cost to borrow Facebook stock was falling....
...That was the case in 2010, when the S&P 500 returned 15 per cent versus JNK’s 13 per cent. It reversed during the “risk off" turn last year, as JNK returned 5 per cent, versus S&P’s 2 per cent....
...NYSE Euronext shares are up 14.7 per cent so far this year, versus a 12.6 per cent rise in the S&P 500....
...That compares to an average of 3.1 per cent short interest for the S&P 500 and 7.5 per cent for IPOs in the past year....
...The S&P 500 is facing an ever taller hurdle: valuation....
...S&P said that CME’s moves to protect customers were not immediate financial threats; its credit rating remains in the top 25 among S&P 500 companies....
...Apple makes up 3.8 per cent of the S&P 500 index and 16.4 per cent of the Nasdaq 100 index....
...So far this year the SPDR S&P Dividend ETF has taken in a further $472m and the Vanguard Dividend Appreciation ETF another $780m....
...The KBW Insurance index is up 11.7 per cent since the beginning of 2011, while the S&P 500 index is up 8.3 per cent in that period....
...The broader S&P 500 index is up 11.5 per cent so far this quarter....
...Last year, the S&P 500 index was down 1.2 per cent and the FTSE Eurofirst 300 index fell 12 per cent....
...All carry leverage higher than the S&P 500 average of 2.3 times net debt to Ebitda....
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