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...The S&P 500 declined on Thursday, headed for its fifth straight loss since October....
...Energy stocks rose on Wall Street as the price of oil ticked higher and Morgan Stanley’s analysts turned bullish on the sector....
...Paramount Global was the S&P 500’s best performer, soaring 15 per cent on news reports Skydance Media had reached a deal to acquire the entertainment group....
...As well as the high proportion of index constituents advancing, all sectors rose, with utilities and real estate groups finishing as the top performers....
...Seventy-four per cent of stocks rose on the day. The Nasdaq Composite rose 1.3 per cent for its first record high close since March 1. All Magnificent Seven stocks advanced....
...Shares in Amazon, Microsoft, Meta, Nvidia and Alphabet rose while Tesla and Apple lost ground....
...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....
...The S&P 500 was headed for a record closing high as traders assessed US inflation data that unexpectedly increased last month....
...Stock markets in Asia were muted in early trading on Wednesday despite the US S&P 500 closing at a record high....
...The closely watched S&P Global flash UK composite output index rose to 54 in April from 52.8 in March, well above the 52.6 forecast by economists polled by Reuters....
...The S&P 500 eked out a new record high on Friday as a broad rally outweighed a dip in tech groups. The benchmark index rose by less than 0.1 per cent, with two-thirds of companies advancing....
...The benchmark S&P 500 index rose 0.5 per cent in a broad rally, with tech and real estate the best-performing sectors. Nearly two-thirds of stocks closed higher....
...The S&P 500 closed at a record high on Thursday as tech stocks rallied following Nvidia’s blockbuster earnings on Wednesday. The benchmark index rose 2.1 per cent in a broad rally led by tech stocks....
...The S&P 500 gained 1 per cent to reach its 16th record high of 2024, with all sectors of the index closing higher. The Nasdaq Composite rose 1.5 per cent but just missed setting a new peak close....
...The US chipmaker was the best performer on the benchmark index, gaining 15.9 per cent as the share gauge rose 2.2 per cent....
...British artist Rachel Jones has left Thaddaeus Ropac gallery and says she is now “exploring different directions in my practice and want[s] to take the time out to reflect and explore this independently”...
...The S&P 500 gained 1 per cent to reach its 16th record high of 2024, with all sectors of the index closing higher. The Nasdaq Composite rose 1.5 per cent....
...While inflation is down in the US from last year’s highs, it rose unexpectedly in February and March, dampening hopes of interest rate cuts....
...The rest of the eurozone “saw the best performance . . . despite growth slowing slightly”, S&P said....
...Year-to-date things are looking only slightly better, with US equity long/short hedge funds trailing the S&P 500’s continued surge by about one percentage point. That’s all fine....
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