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...Additional help by Josh Gabert-Doyon, Mischa Frankl-Duval, Sam Giovinco, Peter Barber, Michael Lello, and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer....
...Discount retailers Dollar Tree, Dollar General and department store Macy’s were among the biggest gainers after reporting strong earnings and providing a positive outlook....
...With European shares and Wall Street rallying on Monday (tech once more the big gainer, with shares in Amazon topping $3,000 for the first time), general market sentiment is clearly bullish....
...“You must contract imports if you are going to see lower exports and still want to maintain a trade surplus,” said Michael Every, global strategist at Rabobank....
...Klein and Michael Pettis, Yale University Press, RRP$28/£20 This is a very important book....
...Wall Street’s S&P 500 ended 0.4 per cent higher, with energy stocks dominating the list of the index’s biggest gainers, notching a 1.3 per cent increase....
...You can email me on michael.mackenzie@ft.com and follow me on Twitter at @michaellachlan....
...Takeaway food ordering service Just Eat was the best single gainer, up 3 per cent. Royal Bank of Scotland rose 1.4per cent....
...In New York, the S&P 500 closed up 1.6 per cent with oil majors among the biggest gainers. The Nasdaq Composite ticked up 2.1 per cent....
...Michael Kors shares fell nearly 15 per cent to $48.97 on track for its worst showing since May 2016....
...Michael Hunter...
...Kors were the biggest gainers over the same period rising about 13 per cent each....
...European banks are the worst performing sector in the European Stoxx 600 index so far this year, a sharp reversal from being the index’s third biggest gainer last year as financial markets priced in a robust...
...Reporting by Cat Rutter Pooley, Michael Hunter and Joshua Oliver in London...
...Additional reporting by Michael Hunter in London and Alice Woodhouse in Hong Kong For market updates and comment follow us on Twitter @FTMarkets...
...Hikma Pharmaceuticals led the FTSE 250 gainers as broker upgrades followed results the day before....
...Snap is “quickly running out of money”, analyst Michael Nathanson said....
...Michael O’Leary, Ryanair chief executive, denied to Bloomberg that Ryanair had ever made a bid for Norwegian and that the company was “desperate to manufacture bid interest”....
...Chinese oil producers were among the biggest gainers on Hong Kong’s Hang Seng, which gained 2.1 per cent after closing 2.3 per cent lower in the previous session at a three-week low....
...Michael Spencer’s Nex Group surged to the top of the FTSE 250 gainers after the financial trading systems maker confirmed overnight that it has received a “preliminary” takeover approach from the CME....
...Fedex and UPS, both up about 3 per cent, were among the big gainers while JetBlue Airways was among the laggards....
...Telecoms were the biggest gainer on the week, rising 6.7 per cent, followed closely by financials, which climbed 5.2 per cent over the same period. Technology was the hardest hit, sliding 2 per cent....
...Luxury goods houses were among the biggest gainers on the Europe-wide Stoxx 600 this morning after LVMH reported a leap in sales after market close last night....
...Alphabet and Facebook were among the big-name gainers in the sector....
...Additional reporting by Michael Hunter in London and Edward White in Taipei For market updates and comment follow us on Twitter @FTMarkets...
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