Hints and tips:
...The stock had risen 27 per cent over the past five years to Tuesday, compared with a 64 per cent rise in the S&P 500 oil refining and marketing index over the same period....
...The single largest ETF by assets is State Street’s SPDR S&P 500 index tracker, but BlackRock and Vanguard offer 15 of the next 16....
...On the equity side, small-cap stocks continue to be the story: while the S&P 500 has shrugged, the Russell 2000 is up 6 per cent since Jay Powell started talking....
...The French collector Marcel Brient is selling two of his big-ticket 20th-century abstract paintings at Phillips in London on March 2....
...Data provider CFRA noted that the SPDR S&P China ETF (GXC) lost 12 per cent in the year to December 11 while the iShares MSCI Emerging Markets ex China ETF (EMXC) was up 12 per cent over the same period....
...As Goldman Sachs’ Alec Phillips says, with Alphaville’s emphasis below: 2. The downgrade contains no new fiscal information....
...There are only three S&P 500 staples stocks that offer dividend yields higher than the 5.22 per cent available on a three-month Treasury (they are Altria, Walgreens Boots, and Phillip Morris)....
...The S&P 500 was 0.2 per cent lower at pixel time....
...Rachel Phillips, solicitor in the London office of JMW Solicitors, says this may be a case of maternity discrimination....
...Lawmakers narrowly averted a default in 2011, but only after an S&P downgrade to the government’s creditworthiness and a market rollercoaster....
...Phillip Tetlock for the pointer....
...overseas museums to buy British art is misguided / From Martin P Levy, member of the RCEWA, 1997-2007, London SW1, UK...
...“Retail historically has discounted when inventory was slow,” said Simeon Siegel, managing director of equity research at BMO Capital Markets....
...Phillip Kimber, a consumer analyst with E&P Financial Group, said that during the coronavirus pandemic and the 2008 financial crisis, in many markets, including the UK, consumption of alcohol at home increased...
...“There is plenty of trading happening but in terms of order size it has been smaller in recent months,” said Mary Phillips, deputy head of portfolio management at Dimensional....
...The S&P Refining & Marketing index is up nearly 50 per cent this year, even as the broader market has fallen....
...Markets: Futures for the S&P 500 and Nasdaq were up 0.1 per cent and 0.5 per cent, respectively....
...Markets: US indices are expected to open slightly higher, with S&P 500 futures up 0.3 per cent and the Nasdaq futures up 0.8 per cent....
...Markets: Futures contracts tracking Wall Street’s S&P 500 index and the tech-heavy Nasdaq 100 slipped 0.2 per cent and 0.4 per cent respectively....
...On the square’s north end in Phillips auction house, neatly dressed workmen dismantle the mise-en-scène of the previous evening’s David Hockney print sale, which sold all 78 lots, raising £3.3mn....
...Futures trading implied the benchmark S&P 500 share index would hang on to a 3.1 per cent gain at the end of last week to rise 0.5 per cent....
...The blue-chip S&P 500 share index fell 0.4 per cent on Friday. The information technology sub-index of the S&P 500 fell 1 per cent, taking its loss for the week to 4.7 per cent....
...Frieze has appointed Christine Messineo to run its US fairs in Los Angeles and New York, replacing Rebecca Ann Siegel, who left in July 2021....
...Paradise Row’s new space will be on Bourdon Street, Mayfair, in spitting distance of Gagosian, Sadie Coles HQ and Phillips auction house....
...And in part it is driven by benchmarking — the practice of institutional investors measuring their performance against a benchmark such as the S&P 500....
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