Most of the main 11 industry groups gained, with energy and consumer-discretionary shares jumping the most.
While emerging economies from India to Brazil are grappling with a Covid-19 surge or renewed curbs, the developed world is on a firmer recovery path with a faster pace of vaccination.
“The Fed is going to likely reiterate their patient stance here,” said Emily Roland, co-chief investment strategist at John Hancock Investment Management.
Recent indicators cemented economic optimism, with durable-goods orders rebounding in March and output at manufacturers and service providers reaching a record high in April.
More than three-quarters of the S&P 500 companies that have reported results so far have beaten analysts’ estimates, according to data compiled by Bloomberg.
“We’re gearing up for a busy week on all fronts, said Chris Larkin, managing director of trading and investing product at E*Trade Financial.
The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.3825 per share on Exelon’s common stock.
Anatoly Crachilov, co-founder and CEO of Nickel Digital Asset Management, which manages assets worth $200 million, told the Reuters Global Markets Forum that regulatory uncertainty was a drag on the development of the crypto space.
But while colorful rings and going-out tops feel just as at home in 2021 as they did in the aughts, low-rise jeans — a ‘00s trend that many who lived through the style’s heyday have sworn off — are harder for some people to get on board with.
Ivory Coast will soon require 20% of cocoa purchases by multinational companies to be fulfilled by local firms in order to reduce foreign influence on the world’s largest cocoa-exporting economy, four sources told Reuters on Tuesday.
Our existing customers have reported a 40–60% reduction in preventative maintenance costs, and we are thrilled to be able to expand these offerings to Trillium’s client base.” Beyond the reduction in maintenance costs, companies using the HVAC IoT services purportedly also benefit from a 25% reduction in maintenance costs, up to 70% elimination of breakdowns, and up to a 50% decrease in unplanned outages.
EXCLUSIVE: The rise, fall and subsequent rise of famous shoe designer and entrepreneur Steve Madden will be the subject of a TV series.
On Monday, the Portuguese government reported a deficit of 2.3 billion euros in the first quarter of 2021 compared to a surplus of 103 million euros a year ago due to the huge expense of helping families and businesses during lockdown.
Stephen Curry and Luka Doncic continue what has turned into a very entertaining budding rivalry when the Golden State Warriors host the Dallas Mavericks on Tuesday night in San Francisco.
The government is taking on “an enormous risk” by failing to send a swift and strong message to crushers regarding the future of blending, Abiove chief André Nassar told Reuters in an interview.
New York timeThe Nasdaq 100 fell 0.3%The Dow Jones Industrial Average fell 0.1%The Russell 2000 rose 0.3%The MSCI Emerging Markets Index rose 0.2%CurrenciesThe Bloomberg Dollar Spot Index rose 0.2%The euro fell 0.1% to $1.2071The British pound was little changed at $1.3901The Japanese yen fell 0.5% to 108.63 per dollarBondsThe yield on 10-year Treasuries advanced two basis points to 1.59%Germany’s 10-year yield was little changed at -0.25%Britain’s 10-year yield advanced two basis points to 0.77%CommoditiesWest Texas Intermediate crude rose 0.7% to $62 a barrelGold futures were little changedFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
initially appealed the constitutionality of the Preserving Canada’s Economic Prosperity Act, arguing Alberta does not have the power to discriminate by limiting oil exports to other provinces.The constitution gives provinces the right to own and develop their natural resources, and the ruling says no export limits have yet been imposed so B.C.’s action is “premature.”The 1,150-kilometre Trans Mountain expansion is to triple the amount of oil flowing from the Edmonton area to B.C.’s Lower Mainland and from there to markets overseas.This report by The Canadian Press was first published April 27, 2021.
The Company is one of the first state-owned enterprises that initiated such practice in Lithuania, therefore, it is natural that the authorities request a more detailed explanation and delve into the principles of a stock ownership plan as well as legal regulation of such systems. According to the assessment of the Company, neither the public interest, nor legal acts were violated.
On the information distributed via media sources regarding the incentive with stock ownership plan of key executives and employees of companies of AB “Ignitis grupė” On 27 April 2021 the media has published publications regarding the legitimacy of incentive of key executives and employees with stock ownership plan of the controlling shareholder – the state – in any capacity.