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...A stronger-than-expected US jobs report lifted bond yields and stocks on Friday as traders scaled back bets on interest rate cuts from the Federal Reserve this year....
...The blue-chip S&P 500 was up 1.1 per cent and the tech-heavy Nasdaq Composite gained 1.3 per cent....
...S&P 500 futures dipped....
...The blue-chip S&P 500 started the day up 0.2 per cent, while the tech-heavy Nasdaq Composite opened up 0.4 per cent....
...Around 600 UK automotive jobs are at risk after electric lorry start-up Volta Trucks said it was set to file for bankruptcy on Tuesday....
...Contracts tracking the benchmark S&P 500 and the tech-heavy Nasdaq Composite were both up 0.1 per cent ahead of the New York trading session....
...S&P 500 futures rose, up 0.25 per cent, setting the stage for a positive open....
...The S&P 500 closed at a record high, finishing a busy week of corporate earnings, central bank announcements and labour market data on a positive note....
...The US added 303,000 jobs in March, far above the 200,000 forecast by economists polled by Reuters....
...Jeffrey S Merrifield and his team at Pillsbury topped the energy transition category in the FT’s 2023 North America Innovative Lawyers Awards...
...There would be very little room to bump pay even further as an individual might expect should they take on the top job....
...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....
...But otherwise, give me a V-sweet C-suite job any time. As if anyone would....
...During the pandemic, S&P 1500 companies that merged the jobs outperformed, perhaps because they had the edge in swift decision making, a study found....
...If you take the Magnificent 7 out of the S&P 500, its multiple moves from 22 to 19. The S&P 350 is at 14....
...Following the jobs numbers, expectations of a cut were around 19 per cent, compared to 37 per cent prior to the report. S&P 500 futures dropped following the release, though remained higher on the day....
...Data released later today is expected to show the US economy added 180,000 new jobs in January....
...In February, Barclays said it had cut its annual bonus pool by 3 per cent after a tough year for its investment bank in 2023, while the bank has also embarked on a programme of job cuts, particularly in...
...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....
...By mid-afternoon, the S&P 500 was up 0.3 per cent, breaking a three-day losing streak but still down 1.4 per cent for the week for its third worst start to the year in the past decade....
...The S&P 500 ended its longest weekly losing streak of the year as an afternoon rally following Friday’s jobs report turned the index’s fortunes around....
...the S&P 500 index, falling 26.4 per cent last year....
...Wall Street’s benchmark S&P 500 and the tech-heavy Nasdaq Composite were both 0.4 per cent higher shortly after the opening bell in New York....
...About 600 UK automotive jobs are at risk after electric lorry start-up Volta Trucks said on Tuesday it was planning to file for bankruptcy, becoming the latest new electric vehicle entrant to falter....
...Stocks advanced, with the S&P 500 closing 1.1 per cent higher to recoup almost all of its fall on Thursday that marked the biggest drop since mid-February....
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