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...may recall US President Richard Nixon coming close....
...On the third point, the strongest evidence for political pressure shocks came under the administrations of Nixon, Gerald Ford and Jimmy Carter, suggesting that — like bell-bottoms, earth tones and P-Funk...
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...S&P said it originally expected the war would not last “more than six months” as it downgraded Israel’s sovereign credit rating from double A minus to A plus....
...The S&P 500 declined on Thursday, headed for its fifth straight loss since October....
...The blue-chip S&P 500 dropped 0.9 per cent on Friday, capping its longest losing streak since October 2022. It fell for the third week in a row, losing 3.1 per cent across five sessions....
...“I’m not so much of the view that there’s a huge oversupply in the container shipping industry,” Nixon said....
...— How Brexit wrecked the stock market (Simon Nixon) — What hundreds of economic news events say about belief overreaction in the stock market (NEBR) — Why is Europe losing the productivity race?...
...The S&P 500 notched its first gain of the week, recovering from a back-to-back decline, as traders took in new data that indicated a softening US economy....
...US blue-chips ended their best quarter in five years, with the S&P 500 squeezing out a 0.1 per cent gain even as big tech names including Apple, Tesla and Meta dragged the Nasdaq Composite to a similar-sized...
...More than 90 per cent of S&P 500 stocks closed higher on Wednesday, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
...Meanwhile, the dollar was up 0.6 per cent against a basket of six peers and on track for a four-session winning streak....
...Flows into S&P 500 ETFs were boosted by a technical factor last year when the $533bn SPDR S&P 500 ETF Trust (SPY) pulled in $31bn in two days in December....
...Had Johnson or Humphrey publicly disclosed that Nixon was interfering with the Vietnam peace talks — to prevent the much-dreaded October surprise of a bombing pause — Nixon would almost certainly have lost...
...Second, in 1971 Richard Nixon’s secretary of state, William Rogers, supported a political settlement of the Arab-Israeli conflict, including withdrawal from territories occupied in the six-day war of 1967...
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
...Gold hit a record high for the third successive session, climbing 1.2 per cent to $2,277 per troy ounce....
...More than 90 per cent of S&P 500 stocks closed higher, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...The price of gold hit a record high for the third session in a row, climbing 1.2 per cent to $2,277 per troy ounce....
...S&P Global Ratings has made a hefty revision to its US economic forecast, citing a bigger than expected expansion at the end of last year and a labour market that looks more solid than a month ago....
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
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