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...Kevin Gordon is a senior investment strategist at Charles Schwab, and, more importantly, a co-OG winner of the FTAV charts quiz....
...Additional contributions from Gary Jones and Benjamin Wilhelm...
...Markets reversed some of those moves on Friday, with the S&P 500 index closing up 1 per cent, while the technology-heavy Nasdaq Composite closed 2 per cent higher, helped by powerful gains for Google parent...
...By lunchtime in New York, the benchmark S&P 500 gauge was down 1.1 per cent, while the technology-heavy Nasdaq Composite was down 1.5 per cent....
...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....
...Wall Street’s S&P 500, the tech-dominated Nasdaq Composite, Japan’s Nikkei 225, Germany’s Dax and France’s CAC 40, among other indices, have all hit their highest-ever levels in recent weeks, amid hopes...
...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....
...The S&P 500 experienced its sharpest decline since the middle of February and US government bonds also rose as investors sought safe-haven assets....
...Claire Jones in Washington looks in more depth at the findings of the latest FT-Michigan Ross poll. 2....
...The Russell 2000 index has risen 24 per cent since the beginning of 2020, lagging behind the S&P 500’s more than 60 per cent gain over the same period. Read the full story. 4....
...CERAWeek, the global energy conference sponsored by S&P Global, begins today in Houston, with guest speakers including the chair and chief executive of ExxonMobil Darren Woods....
...He points out Zeta-Jones dancing. A bearded man in the row in front of Douglas and Zeta-Jones turns around. “Hey, that’s Pierce Brosnan,” he says....
...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....
...Chart of the day The S&P 500 stock index yesterday crossed the milestone of 5,000 points for the first time....
...The US S&P 500 was little changed following the previous day’s losses....
...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....
...Stocks have rallied strongly this year, with the blue-chip S&P 500 enjoying its best start to a year since 2019, having risen 10.2 per cent in the first quarter of 2024....
...The S&P 500 closed down almost 1 per cent with roughly nine in every 10 stocks losing ground....
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