Hints and tips:
...Upgrading Detroit’s credit rating in April, S&P praised its financial management since 2013, saying “Detroit’s financial position and economic condition are the strongest they’ve been in decades”....
...The S&P is off 3 per cent. That’s not a sell-off, right? That’s caution....
...Major League Baseball’s efforts to speed up play are paying off by appealing to younger fans, says FT contributing columnist Patti Waldmeir. Here’s how....
...S&P had managed to beat numerous giants to win one of the industry’s crown jewels. Then Bloomberg showed up....
...The sell-off hit the entire market, with just 50 stocks in the benchmark S&P 500 index finishing the day in the green....
...The day ahead Housing data Standard & Poor’s releases the S&P/Case-Shiller index of home prices for April as Federal Reserve officials begin to worry about the housing market....
...P&G worked with the disability charity Easterseals to build a team of neurodiverse employees....
...In April, S&P Global Ratings revised its outlook on Detroit debt to negative — making it potentially more difficult and expensive for the city to borrow — on pandemic concerns....
...The report appeared on Tesla’s first day of trading in the S&P 500, weakening the electric carmaker’s shares....
...Stocks dropped, with the S&P 500 down as much as 2.9 per cent. Covid-19 herd immunity theory dealt blow by UK research....
...The five largest stocks in the S&P 500 together account for a quarter of the pandemic-defying rally since the crescendo of selling in late March....
...In between there is a mish-mash of Marlboro Man Americana imagery — eagles, wild horses, old cars on dusty roads — and home videos, including a younger Bruce clowning with his wife Patti Scialfa....
...The company’s shares were up close to 2 per cent by lunchtime trading in New York, when the market benchmark S&P 500 was slightly lower....
...It is 20 per cent off its February peak but over 12 months, Boeing stock has only slightly underperformed the S&P 500 index, despite the Max crisis and US-China trade battles, which have hit Boeing shares...
...Additional reporting by Arash Massoudi in London and Patti Waldmeir in Chicago...
...The value of trade carried by trucks between the US and Mexico was $484.4bn in the 12 months to February 28, according to Panjiva, a division of S&P Global....
...Patti Waldmeir reports from Michigan, home of the so-called Reagan and Trump Democrats....
...“We do not believe there have been any 737-8 order cancellations resulting directly from the Lion Air crash,” said S&P, adding that Airbus would struggle to replace such orders with its competing A320neo...
...Patti Waldmeir offers some advice on how to keep the political peace at the dinner table while tucking into your turkey and marshmallow yams....
...When the Beanie Baby bubble burst simultaneously with the dotcom bubble in 2000, eBay’s shares suffered a 77 per cent peak-to-trough draw-down according to S&P Capital IQ data....
...The announcement of tariffs sharply increased the premium over international prices for aluminium delivered to the US Midwest, as assessed by S&P Global Platts....
...Additional reporting by Patti Waldmeir, Alistair Gray, Robin Wigglesworth and Nicole Bullock...
...By close New York the S&P 500 was off 0.7 per cent at 2,774, with some sectors and individual stocks taking more of the brunt....
...Additional reporting by Patti Waldmeir in Chicago...
...Additional reporting by Patti Waldmeir....
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