Market Overview - Page 150

A thorny issue for many years, France’s pension system is back in the spotlight as President Emmanuel Macron prepares his final grand act before new elections in April. Macron had plans to change France’s pension system, where workers can retire.

Former President Donald Trump took his fight with three massive tech companies to court, filing lawsuits that legal experts say are all but guaranteed to fail – even as they rally Republican voters, fundraisers and donors. Trump revealed Wednesday that.

The S&P 500 rose to a fresh record on Wednesday as investors poured back into trusty mega-cap technology stocks. The S&P 500 advanced 0.3% to a new intraday high after the index ended a seven-day winning streak in the previous.

U.S. equities rose to all-time highs as investors awaited minutes from the Federal Reserve’s latest meeting for clues on policy makers’ thinking on interest rates and stimulus. Treasury notes extended gains, pushing the benchmark yield to a more than four-month.

World markets staggered briefly yesterday. At one point, it looked like we were witnessing the start of a sharp correction. However, by the end of the US trading session, buyers reappeared, predominantly in the sector of high-tech companies. As a.

Iceland has achieved the holy grail for working stiffs: same pay for shorter hours. Results from two trials of reduced hours showed no productivity loss or decline in service levels, while employees reported less stress and an improved work-life balance,.

U.S. stocks snapped a seven-session winning streak as a plunge in Treasury yields to the lowest since February weighed in financial firms and small caps. A gauge of the dollar strengthened and crude oil turned lower. The S&P 500 retreated.

The Department of Defense announced Tuesday it’s calling off the $10 billion cloud contract that was the subject of a legal battle involving Amazon and Microsoft. The JEDI, or Joint Enterprise Defense Infrastructure, deal has become one of the most.

Stocks fell on Tuesday as Wall Street kicked off the holiday-shortened week with concern that maybe the best of the economic recovery from the pandemic is behind us. The Dow Jones Industrial Average fell about 360 points, dragged down by.

The U.S.-traded shares of prominent Chinese companies were under pressure on Tuesday after the Asian country’s officials launched a cybersecurity review of Didi, fueling concerns about government risk to Chinese stocks. Shares of Tencent Music Entertainment fell more than 9%,.

A series of disappointing data from Europe caused the single currency European indexes to fall early in Tuesday’s trading session. German data showed a 3.7% dip in manufacturing orders for May, more than outstripping the growth in April and missing.

Since the start of the month, the US dollar has been losing ground, testing the 92 level for the DXY. The publication of strong NFP data may well have triggered continued pressure on the dollar. Reflation trade went back to.