
S&P, Dow touch record highs as tech stocks boost
The benchmark S&P 500 and the Dow Jones Industrial Average touched record highs on Friday, their second session in a row, boosted by gains in the technology and consumer discretionary sectors.
The benchmark S&P 500 and the Dow Jones Industrial Average touched record highs on Friday, their second session in a row, boosted by gains in the technology and consumer discretionary sectors.
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
The United States is getting “very, very close” to having to move forward on its trade deal with Mexico without Canada, White House economic adviser Kevin Hassett said on Friday.
The benchmark S&P 500 and the Dow Jones Industrials Average hit record highs at the open on Friday, while the Nasdaq rose on gains in technology stocks.
A teardown of Apple Inc’s latest iPhones revealed chips from Micron Technology and Toshiba among others in the devices while there was no mention of Samsung , according to gadget repair firm iFixit.
Finland’s financial supervisory authority (FIN-FSA) said on Friday that it was watching developments in Danske Bank’s money laundering scandal.
Higher oil prices looked set to help U.S. stock markets add to a week of gains on Friday as concern about a U.S.-China trade war moved further into the background.
An overhaul of Wall Street’s technology and media sectors will coincide with the quarterly expiration of futures and options, potentially bringing a burst of volume and volatility to trading on Friday and the days that follow.
Danske Bank’s money laundering scandal spread to Britain on Friday as the National Crime Agency (NCA) said it is investigating the use of UK-registered companies.
Stock index futures handed back initial gains on Friday to point to a flat opening for U.S. markets, with the impact of a rise in oil prices on energy companies offset by a drop in chipmaker shares.
World shares hit their highest levels in more than six months on Friday as investors took the view that the latest exchange of tariffs between the United States and China may be less damaging than initially feared.
Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands.
Danske Bank’s money laundering scandal spread on Friday as Britain’s National Crime Agency (NCA) said it is investigating the use of UK-registered companies.
SandRidge Energy Inc said on Friday interim Chief Executive Officer William Griffin would not be a candidate for the position of CEO.
French Economy minister Bruno Le Maire said on Friday that talks with Belgian transmissions supplier Punch Powerglide over the purchase of Ford’s Blanquefort gearbox plant in southwestern France should be concluded next month.
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