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...Swatch: Shares lost 3 per cent after earnings were weighed down by a strong Swiss franc and its dividend payment missed investor expectations....
...However you choose to mark the moment, from a steel Swatch to a one-of-a-kind Vacheron Constantin inlaid with 146 baguette-cut diamonds, here is our selection of dragon-themed watches....
...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....
...Carefully managed supply means high-end demand won’t drop off a cliff, while at the lower end Swatch hasn’t yet run out of ways to sell Moonswatches....
...Global demand for Swatch watches and a strong rebound in China pushed sales at the Swiss watchmaker to pre-pandemic levels....
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
...Global demand for Swatch watches and a strong rebound in China pushed interim sales at the Swiss watchmaker to above pre-pandemic levels....
...The sector as a whole also breathed a sigh of relief, with the S&P Global Luxury index rising almost 3 per cent....
...Meanwhile, Nick Hayek, chief executive of Swatch, said a slowdown in prices for used watches was a healthy dynamic for the industry, marking the end of a speculative bubble....
...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....
...Meanwhile, the dollar was up 0.6 per cent against a basket of six peers and on track for a four-session winning streak....
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
...Gold hit a record high for the third successive session, climbing 1.2 per cent to $2,277 per troy ounce....
...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....
...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....
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