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...S&P 500 dividend yields went as high as 9.2 per cent in the first quarter of 1938, according to S&P Dow Jones Indices. Even IPOs paid them, as I read to my surprise in Peris’s book....
...The blue-chip S&P 500 closed up 0.9 per cent, at a new record, continuing a rally that has pushed the index 27 per cent higher since October. The Nasdaq Composite gained 1.3 per cent....
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...The US S&P 500 was little changed following the previous day’s losses....
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...“Given robust demand and a historically strong labour market, we have time to build that confidence before we begin the process of toggling rates down,” said Richmond Fed president Thomas Barkin, a voting...
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