Hints and tips:
...UK police are investigating alleged remarks by the Conservative party’s biggest donor about Diane Abbott, Britain’s first female Black MP....
...Between 2009 and 2023, such underperformance resulted in cumulative S&P 500 gains that were five times those of Euro Stoxx 50. Such US equity exceptionalism has not always been the case....
...Take US equities: investors now discount that the Fed is able to cut rates by nearly 1.5 percentage point, starting as early as March, helping to drive double-digit earnings growth next year in S&P 500 companies...
...(Aeon) — Biggest Tory donor said looking at Diane Abbott makes you ‘want to hate all black women’ (The Guardian) — More Americans are using their 401(k)s like cash machines (Wall Street Journal) — The...
...Markets reversed some of those moves on Friday, with the S&P 500 index adding 1.1 per cent....
...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....
...Patterson will run this rodeo. NexTier’s owners will receive 0.752 shares of Patterson stock for each share they own....
...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....
...William S Burroughs Burroughs always looked old and dressed old, and Peter caught that here. He looked like a banker even when he was 20....
...That compares with the S&P 500’s similar trailing p/e of 21.2, which is down only a touch from a pre-pandemic 22, according to Bloomberg data....
...The S&P 500 and the Nasdaq Composite each gained 0.4 per cent to close at their highest levels in about 20 months....
...“It’s been a fucking difficult week,” admitted one ally of Sunak, reflecting on Number 10’s maladroit handling of a dispute over a leading Tory donor, Frank Hester....
...“The decrease in the number of cuts in 2024 is one of the more telling changes this month,” said Andrew Patterson, senior economist at Vanguard....
...Market breadth, as measured by the number of S&P 500 stocks trading above their 300-day average, has broken above its long-term average. Small caps have outperformed large caps in the rally....
...Patterson....
...“This is not the first area where questions have been raised for investors considering the ‘S’ in ESG when it comes to Chinese technology companies,” he said....
...Stocks erased early gains, leaving the S&P 500 down 0.5 per cent at the closing bell. Additional reporting by Kate Duguid in New York...
...The median total senior executive remuneration, including salary, bonus, stock awards and option awards, is currently about £26mn at companies in the S&P 500, according to Refinitiv data based on annual...
...The S&P 500 stock index closed flat, while the technology-heavy Nasdaq Composite slipped 0.1 per cent....
...The range, called Elements by Diane Keaton for S Harris, pulls directly from her life – beginning with the actress’s lifelong muse: her mother, Dorothy Hall....
...Diane Swonk of KPMG highlighted some more pressure points:https://twitter.com/DianeSwonk/status/1681326258293026817?s=20 So there are still a lot of things to fix....
...As a counterpoint to so much richness and colour, Diane Keaton’s debut textile collection with S Harris is almost entirely monochrome....
...From 1980 onwards the US-born, Vienna-based author produced a string of subtle, mercurial fantasy novels, but 2014’s Bathing the Lion was his last full-length work until now....
...We’re seeing that same sentiment with the coronation so far,” said Turner, who added that M&S had sold more than half a million tins of commemorative shortbread and coronation tea caddies in total so far...
...M&S, whose stores once defined the prime shopping districts of towns and cities around the country and then in closing typified their decline, sealed the deal: online clothing and home sales in the Christmas...
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