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...One person with knowledge of the latest move said removing Moritz could be viewed as “step one to removing Sebastian”....
...That compares with 0.2 per cent for the Stoxx 600 ex-UK and 0.7 per cent for the S&P 500....
...Central banks: European Central Bank vice-president Luis de Guindos addresses the Foro Empresarial El Diario Vasco in San Sebastián....
...The S&P 500 closed at an all-time high on Friday after a blistering rally in tech stocks....
...Last month S&P upgraded Paraguay’s rating to BB+, one rung below investment grade, bringing it in line with Moody’s and Fitch....
...Admittedly, you would have done even better in US stocks, given the 170 per cent rise in the S&P 500 over the decade....
...The group trades at 6.2 times next year’s earnings, according to S&P Capital IQ. Such caution is warranted. Inflexibility surely makes for a poor business model....
...Wall Street’s benchmark S&P 500 stock index closed 0.7 per cent higher on Wednesday at its highest level since April 2022, propelled by the tech and utilities sectors....
...Over its two decades, the fund delivered average annual returns of more than 25 per cent, and beat the S&P 500 in 14 of the years....
...Political correspondents Jim Pickard and Sebastian Payne explain who’s who in the new “unity cabinet”....
...The S&P 500 stock index, which had swung wildly on Thursday, advanced 2.2 per cent....
...“They are being very careful in their communication and analysts are even more uncertain,” said Sebastian Segerstrom, a strategist at FactSet....
...Whitehall editor Sebastian Payne explains what a Truss government would look like....
...The S&P 500 index fell 5.3 per cent in January, its biggest monthly decline since the onset of the coronavirus pandemic in March 2020 and the weakest January since the depths of the global financial crisis...
...There is currently no evidence of person-to-person transmission of the P.1 variant in England....
...The S&P, however, was also set to close August with its seventh consecutive month of gains....
...Public Health England had said on Sunday that six people in the UK had been infected with the P.1 strain, including one person they were unable to trace....
...PHE said it was “working around the clock” to find the missing person infected with P.1....
...The blue-chip S&P 500 rose 0.3 per cent, while the tech-focused Nasdaq Composite edged up 0.1 per cent, both record highs....
...Wolff’s stake is now worth almost £14m, according to S&P Global Intelligence....
...“He’s v bright, tough and politically savvy with a small p,” tweeted Rupert Harrison, the former Tory chancellor’s one-time chief adviser....
...And chief executive Sebastian Siemiatkowski knows his company is in demand. In an interview with Quartz last week, he said the company was leaning toward a US listing....
...On the subject of sweaters, there’s an excellent Sebastian Flyte-infused appeal about the periwinkle, powder pink and heather jumpers from Californian knitwear brand The Elder Statesman (£695, mrporter.com...
...At the market close, the blue-chip S&P 500 index had climbed to 1.7 per cent, while the technology-focused Nasdaq Composite ended up 1.2 per cent to reverse post-lunchtime losses....
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