Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Jones"


25 mentions found


UK retail sales jump in June, stocks dwindle - CBI
  + stars: | 2021-06-25 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +1 min
FILE PHOTO: People shop in the Selfridges department store on Oxford street, as the coronavirus disease (COVID-19) restrictions ease, in London, Britain April 12, 2021. REUTERS/Henry NichollsLONDON (Reuters) - British retailers reported a jump in sales in June as the country’s fast vaccination programme encouraged shoppers to go out and spend, the Confederation of British Industry said on Friday. “This was the latest sign that the success of the vaccination programme is feeding through to stronger consumer confidence,” CBI economist Ben Jones said. The CBI survey also showed stock levels in relation to expected sales sank to their lowest since records began in August 1983 and no improvement was expected next month. The Bank of England is keeping a close eye on whether bottlenecks in supply caused by the pandemic lead to longer-term inflation pressures.
Persons: Henry Nicholls LONDON, Ben Jones Organizations: REUTERS, of British Industry, CBI, Bank of England Locations: Oxford, London, Britain, May’s
Take Five: The missing piece in the Fed puzzle
  + stars: | 2021-06-25 | by ( ) www.reuters.com + 0.00   time to read: +4 min
Adding perky jobs data to the mix could change that picture, markets fear. Analysts expect the economy to add 600,000 jobs in June - the largest monthly gain in three months – up from a gain of 559,000 jobs in May. The U.S. Fed has shifted to a hawkish bias. Some mid-cap deals pulled stock market debuts recently: Marex Spectron in London, PHE Holdings in Paris and Primafrio in Madrid. But Nordgold aborting its debut might be the first casualty of expected central bank tightening as the hawkish Fed pushed gold 6% lower.
Persons: Jerome Powell, Philip Lane, Wise, Tom Westbrook, Dhara, Abhinav Ramnarayan, Marc Jones, Saqib Ahmed, Karin Strohecker, Toby Chopra Organizations: Federal Reserve, U.S, Fed, ECB, PHE Holdings, Bankers, CHINA BULLS, Thomson Locations: U.S, United States, Europe, Asia, London, Paris, Primafrio, Madrid, China, Singapore, New York
S&P 500 on Track for Best Week Since April
  + stars: | 2021-06-25 | by ( Joe Wallace | ) www.wsj.com sentiment -0.64   time to read: +1 min
U.S. stock futures edged higher Friday, putting the S&P 500 on track to close out its best week in more than two months amid renewed confidence in the global economic expansion. Futures for the S&P 500 ticked up less than 0.1% a day after the broad stocks gauge posted a record closing high for the 30th time in 2021. Stocks have bounced back, pushing the S&P 500 up 2.4% through Thursday, after stumbling when the Federal Reserve signaled a more hawkish stance on rising inflation last week. “It is natural that you’ll see very mini wobbles [in stocks] from time to time,” Mr. Redha added. “But the fundamental support—that things are improving and the numbers are getting better—is going to dominate that.”
Persons: , Hani Redha, ” Mr, Redha Organizations: Dow Jones, Nasdaq, Federal Reserve, PineBridge Investments Locations: U.S, Europe
Hong Kong's Hang Seng index jumps 1% as Asia-Pacific stocks rise
  + stars: | 2021-06-25 | by ( Eustance Huang | ) www.cnbc.com sentiment -0.82   time to read: +1 min
SINGAPORE — Asia-Pacific stocks jumped in Friday trade after the S&P 500 rose to a record closing high overnight stateside. Hong Kong's Hang Seng index led gains among the region's major markets, jumping 1.14% by the afternoon. The broader Hang Seng Tech index gained 2.21%. XPeng launches Hong Kong offeringChinese electric vehicle maker XPeng on Friday announced the launch of its Hong Kong public offering. S&P 500 record closeOvernight on Wall Street, the S&P 500 gained 0.58% to a new record closing high of 4,266.49.
Persons: Alibaba, XPeng, Joe Biden Organizations: Seng, Nikkei, Hong Kong, Friday, CNBC, HK, Dow Jones Industrial, Nasdaq, U.S, White Locations: SINGAPORE — Asia, Pacific, Shanghai, Shenzhen, Australia, Asia, Japan, Hong, U.S, Hong Kong
REUTERS/Kim Kyung-HoonSHANGHAI, June 25 (Reuters) - Asian shares rose on Friday, tracking gains on Wall Street overnight that lifted the Nasdaq and the S&P 500 indexes to record highs after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal. read moreIn morning trade, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) climbed 0.58%. Chinese blue-chips (.CSI300) rose 0.43%, Hong Kong's Hang Seng (.HSI) added 0.61%, Seoul's Kospi (.KS11) was up 0.79% and Australian shares (.AXJO) climbed 0.22%. Overnight, the S&P 500 (.SPX) gained 0.58% and the Nasdaq Composite (.IXIC) added 0.69%, lifting both indexes to record high closes. Benchmark 10-year U.S. Treasuries , which saw yields dip after Biden's announcement of an infrastructure bill were last at 1.497%, up from a close of 1.487% on Thursday.
Persons: Kim Kyung, Hoon, Joe Biden, Kerry Craig, Biden, Craig, Seoul's, Christopher Wood, Andrew Galbraith, Tom Westbrook, Ana Nicolaci da Organizations: Nikkei, REUTERS, Nasdaq, Investors, Morgan Asset Management, U.S, Japan's Nikkei, U.S . Federal Reserve, Jefferies, Dow Jones, drawdowns, U.S . West Texas, Brent, Thomson Locations: Tokyo, Japan, Hoon SHANGHAI, U.S, Asia, Pacific, mull, Singapore, Ana Nicolaci da Costa
European shares set to inch higher as investors monitor recovery, tapering fears
  + stars: | 2021-06-25 | by ( Elliot Smith | ) www.cnbc.com sentiment -0.90   time to read: +1 min
European stocks are set to open slightly higher on Friday, tracking global sentiment as investors place faith in the prospect of a steady economic rebound. Britain's FTSE 100 is seen around 9 points higher at 7,119, Germany's DAX is set to climb around 24 points to 15,613 and France's CAC 40 is expected to add around 10 points to 6,641, according to IG data. Shares in Asia-Pacific broadly advanced during Friday's trade, led by Hong Kong's Hang Seng index, while U.S. stock futures are pointing to a higher open on Wall Street later in the day. Investors will be watching for a key U.S. inflation indicator on Friday when the Commerce Department releases the core personal consumption expenditures index. Economists polled by Dow Jones expect prices to have risen by 3.4% in May from a year earlier.
Persons: Germany's DAX, Hong Kong's, Dow Jones Organizations: CAC, Commerce Department Locations: Asia, Pacific, U.S
Iran dismisses Canada report on downing of airline as 'highly politicised'
  + stars: | 2021-06-25 | by ( ) www.reuters.com sentiment -1.00   time to read: +2 min
Soldiers carry a coffin containing the remains of one of the eleven Ukrainian victims of the Ukraine International Airlines flight 752 plane disaster, at Boryspil International Airport, outside Kiev, Ukraine, January 19, 2020. The report, published on Thursday, found that while the shooting down of Ukrainian International Airlines flight 752 was not premeditated, it did not absolve Iranian officials of responsibility for the incident. "If this highly politicised and illegal behaviour by Canada became the norm, all countries, even the civil aviation industry, would be the main victims." Ottawa has repeatedly complained that Iran's official explanation did not answer many important questions about the downing of the Ukrainian plane. Canada does not have formal diplomatic relations with Iran, making the process lengthy and complex.
Persons: Mohsen Baharvand, Baharvand, Gareth Jones Organizations: Ukraine International Airlines, Boryspil International, Presidential Press Service, REUTERS, Ukrainian International Airlines, Thomson Locations: Kiev, Ukraine, Iran, Canadian, Ukrainian, Tehran, United States, Canada, Ottawa
Belarus moves jailed opposition blogger Protasevich to house arrest -BBC
  + stars: | 2021-06-25 | by ( ) www.reuters.com sentiment -1.00   time to read: +2 min
Jailed Belarus journalist Roman Protasevich takes part in a press conference about the forced landing of the Ryanair passenger plane on which he was travelling, in Minsk, Belarus June 14, 2021. Ramil Nasibulin/BelTA/Handout via REUTERSMOSCOW, June 25 (Reuters) - Belarus has moved opposition blogger Roman Protasevich, who was arrested in May after the grounding of a Ryanair plane in Minsk, from a detention facility to house arrest, the BBC Russian service reported on Friday. Protasevich is now in a rented flat in Minsk, his father Dmitri Protasevich told the BBC, but said the authorities were still not providing any information to the family. The Russian embassy in Minsk confirmed that Sapega had been moved to house arrest, the TASS news agency reported. read moreBelarusian authorities arrested Protasevich and Sapega after the plane landed, in an incident Western countries branded as state piracy.
Persons: Roman Protasevich, Ramil, Protasevich, Dmitri Protasevich, Sofia Sapega, Sapega, Alexander Lukashenko, Alexander Marrow, Gareth Jones Organizations: Ryanair, REUTERS, BBC, TASS, Union, Thomson Locations: Belarus, Minsk, Handout, REUTERS MOSCOW, Russian, Belarusian, Athens, Vilnius
Belarus moves Russian woman arrested off plane to house arrest -BBC
  + stars: | 2021-06-25 | by ( ) www.reuters.com sentiment -0.99   time to read: +1 min
Student Sofia Sapega poses for a picture in Gothenburg, Sweden, in this undated photo taken in 2019. She and Belarusian dissident journalist Roman Protasevich were arrested in Belarus on May 23, 2021 after a forced landing of Ryanair Flight 4978 flying from Athens to Vilnius. REUTERS/Stringer/File Photo/File PhotoMOSCOW, June 25 (Reuters) - Belarus has moved Russian citizen Sofia Sapega, who was arrested with her journalist boyfriend Roman Protasevich on May 23 after the grounding of a Ryanair plane in Minsk, from a detention facility to house arrest, the BBC Russian service reported on Friday. Sapega's stepfather Sergei Dudich told the BBC the move had surprised her parents and that she was now living alone in a rented flat in Minsk. Reporting by Anton Kolodyazhnyy; Writing by Alexander Marrow Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.
Persons: Sofia Sapega, Roman Protasevich, Stringer, Sapega's, Sergei Dudich, Anton Kolodyazhnyy, Alexander Marrow, Gareth Jones Organizations: Sofia, Ryanair, REUTERS, BBC, Thomson Locations: Gothenburg, Sweden, Belarusian, Belarus, Athens, Vilnius, MOSCOW, Russian, Minsk, Minsk .
Stocks have thrived in a favorable backdrop, strategists noted at Schwab's mid-year market outlook. Earnings growth is likely peaking now as stocks crush unusually low year-over-year comps coming off a miserable second quarter 2020, Sonders said. "For now, we've been able to prick some microbubbles without damage to the overall market," Sonders said. Alternative energy stocks screamed higher leading up to the 2020 presidential election, but a rotation back to value-focused traditional energy companies has weighed on green energy stocks. More gains for European stocks are likely, Kleintop said, noting that the Stoxx 600's move higher came even as Europe's vaccination program has lagged that of the US.
Persons: seesawed, Liz Ann Sonders, Jeffrey Kleintop, Kathy Jones, Stocks, Sonders, It's, we've, Kleintop, they've, Jones, Raphael Bostic, Schwab Organizations: Service, Schwab Center, Financial, GameStop, AMC Entertainment, US, Federal Reserve, Federal Reserve Bank of Atlanta, year's, Congress, Fed Locations: outperformance, US, China, Europe
10-year Treasury yield edges higher ahead of inflation data
  + stars: | 2021-06-25 | by ( Vicky Mckeever | ) www.cnbc.com sentiment -0.96   time to read: +2 min
The 10-year U.S. Treasury yield edged higher early on Friday, ahead of the release of inflation data later in the morning. The yield on the benchmark 10-year Treasury note rose slightly to 1.489% at 3:15 a.m. The yield on the 30-year Treasury bond dipped slightly to 2.093%. Economists polled by Dow Jones expected prices rose 3.4% in May from a year earlier. The University of Michigan is due to release its June consumer sentiment and inflation expectations data at 10 a.m.
Persons: Dow Jones, Joe Biden, Stephen Isaacs, CNBC's, Jerome Powell's, Isaacs, Powell Organizations: Treasury, Commerce Department, Labor, University of Michigan, White, Alvine, Federal
Gibraltar approves easing strict abortion law in referendum
  + stars: | 2021-06-25 | by ( ) www.reuters.com + 0.86   time to read: +2 min
People stand and walk along a main street during the abortion referendum in the British Overseas territory of Gibraltar, June 24, 2021. REUTERS/Jon NazcaMADRID, June 25 (Reuters) - A majority of Gibraltarian voters have supported the easing of a strict abortion law in a referendum, officials in the tiny British territory on the southern tip of Spain said on Friday. Gibraltar's criminal law had banned abortion in all circumstances, with a maximum punishment in theory of life in prison. The referendum had originally been scheduled for March 2020, but was postponed because of the coronavirus pandemic. Even with the amendment approved on Thursday, the law remains more restrictive than in most of the rest of Europe.
Persons: Jon Nazca, Fabian Picardo, Gareth Jones Organizations: British Overseas, REUTERS, Twitter, Inti, Thomson Locations: British, Gibraltar, Jon Nazca MADRID, Spain, Britain, Europe
Djokovic to play British teenager Draper as Wimbledon returns
  + stars: | 2021-06-25 | by ( Martyn Herman | ) www.reuters.com + 0.00   time to read: +3 min
World number one Djokovic is halfway to a calendar-year Grand Slam after winning the Australian and French Open titles, taking his overall tally to 19 majors. Draper, 19, will be making his Grand Slam main draw debut. read moreSerena Williams, who Halep beat to won the title in 2019, will begin her latest quest to claim a record-equalling 24 Grand Slam titles, against Aliaksandra Sasnovich of Belarus. Eight-time Wimbledon champion Roger Federer, who turns 40 this year, takes on Frenchman Adrian Mannarino in round one. The standout match of the women's opening round sees twice Wimbledon champion Petra Kvitova, seeded 10, up against former U.S. Open champion Sloane Stephens.
Persons: Serbia's Novak Djokovic, Switzerland's Roger Federer Laurence Griffiths, Halep, Serena, Sasnovich, Suarez Navarro, Novak, Jack Draper, Simona Halep, Draper, Romanian Halep, Serena Williams, Aliaksandra Sasnovich, Ash, Spain's Carla Suarez Navarro, Andy Murray, Nikoloz, Roger Federer, Frenchman Adrian Mannarino, Kevin Anderson, Stefanos Tsitsipas, Daniil Medvedev, Germany's Jan, Lennard, Marin Cilic, Australian Margaret Court, Angelique Kerber, Coco Gauff, Williams, Gauff, Francesca Jones, Petra Kvitova, Sloane Stephens, Martyn Herman, Ken Ferris Organizations: Lawn Tennis, Croquet Club, Grand, Suarez Navarro LONDON, Wimbledon, Georgian, Nikoloz Basilashvili, Australian, U.S, Thomson Locations: London, Britain, British, Romanian, Belarus, Australia, American
Italy wanted EU-Russia summit, backs dialogue with Moscow -Draghi
  + stars: | 2021-06-25 | by ( ) www.reuters.com sentiment -1.00   time to read: +1 min
Italy's Prime Minister Mario Draghi arrives for a European Union leaders meeting in Brussels, Belgium June 24, 2021. REUTERS/Johanna Geron/PoolBRUSSELS, June 25 (Reuters) - Italy backed a Franco-German proposal to hold a summit with Russia, Italian Prime Minister Mario Draghi said on Friday, adding it was important to maintain dialogue with such an important economic power. The proposal was rejected at an EU summit, after Poland and Baltic countries said it would send the wrong message as East-West ties deteriorate. Speaking at the end of the summit, Draghi said many people only found out about the idea on Thursday, giving its supporters little time to rally support. "Russia is an important player on the economic and political front, it cannot not be involved, we must have an active dialogue," Draghi told reporters.
Persons: Mario Draghi, Johanna Geron, Draghi, Crispian Balmer, Agelo, Gavin Jones Organizations: Italy's, European Union, REUTERS, Thomson Locations: Brussels, Belgium, BRUSSELS, Italy, Franco, Russia, Italian, Poland, Baltic
MINNEAPOLIS — Twelve jurors took about 10 hours to convict Derek Chauvin of murdering George Floyd. Stinson said he expects Chauvin will receive a lengthy prison term. The prosecution has asked that Chauvin be sentenced to 30 years. Eric Nelson, Chauvin's attorney, has asked that he receive probation with time served or for a downward departure from sentencing guidelines. Christopher Brown, a lawyer in Virginia who specializes in excessive force cases, said he believes Chauvin will receive a harsh sentence.
Persons: Derek Chauvin, George Floyd, Chauvin, , Philip Stinson, Stinson, Eric Nelson, Floyd, Peter Cahill, Cahill, Chauvin's, Christopher Brown, Brown, Wayne Jones, Jason Van Dyke, Laquan McDonald, Van Dyke, Vincent Gaughan, Van, Gloria Browne, Marshall, John Jay, Kenneth Bluew, Jennifer Webb, Bluew, Marcus Eberhart, Gregory Lewis, Gregory Lewis Towns Jr, Browne, Keith Ellison's Organizations: Bowling Green State University, Department of Justice's, of Justice Statistics, Chicago, John, John Jay College of Criminal, City University of New, Buena Vista Police Department, Gregory Lewis Towns, Local Locations: MINNEAPOLIS, Minneapolis, Ohio, New Hampshire, Hennepin County, Minnesota, Virginia, Martinsburg , West Virginia, Cook County, City University of New York, Michigan, Georgia, Atlanta, East
The German share price index (DAX) board is seen at the end of a trading day at the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. In Europe, the STOXX 600 (.STOXX) gained 0.84%, bolstered by news of German business morale hitting its highest in 2-1/2 years. read moreInvestors are now pricing the first full U.S. interest rate rise for February 2023, compared with December 2022 previously. Germany's Ifo institute said its business climate index rose to 101.8 from 99.2 in May. Against the Japanese yen, the dollar eased but held near a 15-month high of 111.11 touched earlier in the session.
Persons: DAX, Kai Pfaffenbach, BoE, Mike Loewengart, Jerome Powell, Brent, Tom Arnold, Swati Pandey, Richard Pullin, Emelia, William Maclean Organizations: Deutsche, REUTERS, Nasdaq, U.S, Bank of England, Tesla, Dow Jones, Japan's Nikkei, Stock, Federal, Treasury, JPMorgan, Reuters, Thomson Locations: Frankfurt, Germany, U.S, Europe, Asia, Pacific, Japan, United, London, Sydney
The MSCI world equity index (.MIWD00000PUS) rose 0.51%, nosing toward record highs hit earlier in June. In Europe, the STOXX 600 (.STOXX) gained 0.87%, ending near an all-time high set earlier this month after news that German business morale hit its highest in 2-1/2 years. read moreInvestors are now pricing the first full U.S. interest rate rise for February 2023, compared with December 2022 previously. The greenback eased against the Japanese yen but held near a 15-month high of 111.11 touched earlier in the session. Oil prices were up, hovering near the previous session's three-year highs set amid drawdowns in U.S. inventories and accelerating German economic activity.
Persons: DAX, Kai Pfaffenbach, BoE, Joe Biden, Mike Loewengart, Germany's Ifo, Jerome Powell, Brent, Tom Arnold, Swati Pandey, Richard Pullin, Emelia, William Maclean Organizations: Deutsche, REUTERS, U.S ., Bank of England, Nasdaq, Tesla, Dow Jones, Japan's Nikkei, Stock, Federal, Treasury, JPMorgan, U.S, Reuters, Thomson Locations: Frankfurt, Germany, Washington, Europe, Asia, Pacific, Japan, Europe's, United, London, Sydney
S&P 500, Nasdaq open at record levels as jobless claims ease
  + stars: | 2021-06-24 | by ( Reuters Staff | ) www.reuters.com + 0.91   time to read: 1 min
FILE PHOTO: People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid(Reuters) - The S&P 500 and the Nasdaq opened at all-time highs on Thursday, boosted by shares of Tesla and other top-shelf technology firms as data showing fewer weekly jobless claims pointed to a steady recovery in the labor market. The S&P 500 opened higher by 15.13 points, or 0.36%, at 4,256.97, while the Nasdaq Composite rose 85.5 points, or 0.60%, to 14357.265 at the opening bell. The Dow Jones Industrial Average rose 59.67 points, or 0.18%, at the open to 33,933.91.
Persons: Brendan McDermid Organizations: New York Stock Exchange, REUTERS, Nasdaq, Tesla, Dow Jones Locations: New York City, U.S, 14357.265
Mega-cap tech names such as Apple Inc, Microsoft Corp, Google-owner Alphabet Inc, Netflix Inc and Facebook Inc also gained between 0.5% and 0.8% and were among the biggest boosts to the S&P 500 and the Nasdaq. ET, the Dow Jones Industrial Average was up 259.96 points, or 0.77%, at 34,134.20, the S&P 500 was up 23.05 points, or 0.54%, at 4,264.89, and the Nasdaq Composite was up 105.09 points, or 0.74%, at 14,376.83. Advancing issues outnumbered decliners by a 2-to-1 ratio on the NYSE and by a 2.1-to-1 ratio on the Nasdaq. The S&P 500 posted 30 new 52-week highs and one new low while the Nasdaq recorded 95 new highs and 11 new lows. Graphic: S&P 500 Forward PE -
Persons: Brendan McDermid, Elon Musk, , Robert Pavlik, ” Pavlik, Eli Lilly Organizations: Reuters, Nasdaq, Tesla, New York Stock Exchange, REUTERS, Labor Department, Commerce Department, Apple Inc, Microsoft Corp, Google, Inc, Netflix Inc, Facebook Inc, Dakota Wealth, Biden’s, Republican, Dow Jones, Technology, U.S . Food, Biogen Inc, MGM Resorts International, Deutsche Bank, Accenture, NYSE Locations: New York City, U.S, New York,
Nasdaq and S&P 500 scale new peaks; Dow rallies
  + stars: | 2021-06-24 | by ( Noel Randewich | Devik Jain | ) www.reuters.com + 0.00   time to read: +3 min
(Reuters) - The Nasdaq and the S&P 500 indexes hit all-time highs on Thursday, with the Dow also jumping, as U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal. FILE PHOTO: People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. So far this month, the S&P 500 growth index has gained almost 4%, outperforming the value index’s 2% drop. (Graphic: S&P 500 Forward PE, )The Dow Jones Industrial Average was up 1.04% at 34,225.35 points, while the S&P 500 gained 0.66% to 4,269.79. The S&P 500 posted 33 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 96 new highs and 22 new lows.
Persons: Joe Biden, Brendan McDermid, , Sal Bruno, Elon Musk, Eli Lilly Organizations: Reuters, Nasdaq, Dow, New York Stock Exchange, REUTERS, Caterpillar, Boeing, Dow Jones, Tesla, Microsoft Corp, Netflix Inc, Facebook Inc, Labor Department, Commerce Department, U.S . Food, Biogen Inc, MGM Resorts International, Deutsche Bank, Accenture, NYSE Locations: New York City, U.S, New York,
Nasdaq and S&P 500 end at record highs; Dow rallies
  + stars: | 2021-06-24 | by ( Noel Randewich | Devik Jain | ) www.reuters.com + 0.00   time to read: +3 min
(Reuters) - The Nasdaq and the S&P 500 indexes closed at record highs on Thursday, with the Dow also jumping after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal. Mega-caps PayPal and Facebook Inc gained, and were also among the biggest boosts to the S&P 500 and the Nasdaq. So far this month, the S&P 500 growth index has climbed almost 4%, outperforming the value index’s 2% drop. (Graphic: S&P 500 Forward PE, )Unofficially, the Dow Jones Industrial Average rose 0.95% to end at 34,196.49 points, while the S&P 500 gained 0.58% to 4,266.37. The S&P 500 technology, healthcare and communication services sector indexes hit record highs.
Persons: Joe Biden, Brendan McDermid, , Sal Bruno, Elon Musk, Eli Lilly Organizations: Reuters, Nasdaq, Dow, U.S, New York Stock Exchange, REUTERS, Caterpillar, Boeing, Dow Jones, Tesla, PayPal, Facebook Inc, Labor Department, Commerce Department, U.S . Food, Biogen Inc, MGM Resorts International, Deutsche Bank, Accenture Locations: New York City, U.S, New York,
Digital designer and artist Mike Winkelmann, who goes by Beeple, sparked a global frenzy for non-fungible tokens, or NFTs, after Christie’s sold his digital collage for $69 million in March—but since then he’s maintained a relatively low profile, stoking curiosity about his next big move. Now, Mr. Winkelmann is opening up, revealing that he’s had a rocky entrée into the art establishment even though he currently ranks as the world’s third most-expensive living artist after Jeff Koons and David Hockney. Instead of chatting up the world top’s collectors and curators, he’s primarily focused on launching a new NFT venture next month that will seek to transform historic moments into collectible NFTs. “I wouldn’t say the art world has been overly welcoming,” Mr. Winkelman said. Immediately following Christie’s sale of Mr. Winkelmann’s “Everydays: The First 5,000 Days,” a gold-rush atmosphere spread across the art market, with dozens of artists and galleries clamoring to sell NFT art.
Persons: Mike Winkelmann, Beeple, Christie’s, he’s, Winkelmann, Jeff Koons, David Hockney, Andy Murray’s, , ” Mr, Winkelman, Mr, Winkelmann’s, Pak, Dog Jones, FEWOCiOUS, Phillips Organizations: Wimbledon, Christie’s Locations:
WASHINGTON/LONDON (Reuters) - U.S. stock indexes set fresh records on Thursday and European shares closed near all-time highs, fueled by supportive U.S. jobless claims data and a breakthrough in infrastructure spending talks in Washington. The U.S. dollar retreated in a day of choppy trading, while sterling fell after the Bank of England kept its stimulus program unchanged and left its benchmark interest rate at an all-time low. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.37%, recovering from a one-month trough touched earlier this week, while Japan’s Nikkei was unchanged. Investors are now pricing the first full U.S. interest rate rise for February 2023, compared with December 2022 previously. The greenback eased against the Japanese yen but held near a 15-month high of 111.11 touched earlier in the session.
Persons: Toby Melville, Joe Biden, , Mike Loewengart, Jerome Powell, Brent Organizations: WASHINGTON, LONDON, London Stock Exchange, REUTERS, U.S ., Bank of England, Nasdaq, Tesla, Dow Jones Industrial, Japan, Japan’s Nikkei, Stock, Federal, Treasury, JPMorgan, U.S, American, Reuters Locations: Washington, London, Britain, Europe, Asia, Pacific, Europe’s, United
International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a joint news conference at the end of the Summit on the Financing of African Economies in Paris, France May 18, 2021. IMF chief Kristalina Georgieva this month proposed the new trust to allow rich countries to channel some of their new IMF reserves to poor and middle-income counterparts ravaged by COVID or climate change. The Group of Seven (G7) wealthy nations alone will receive $283 billion of the overall $650 billion SDR allocation. The COVID crisis is expected to leave 47 of the 82 vulnerable countries with gross debt already above levels deemed sustainable. Additionally, nine of the 10 most climate-change vulnerable countries are also highly debt-vulnerable developing economies.
Persons: Kristalina Georgieva, Ludovic Marin, Kristalina, Lars Jensen, Jensen, Georgieva, Scott Morris, underscoring, SDRs, Marc Jones, Gerry Doyle Organizations: Monetary Fund, Resilience, IMF, United Nations Development Programme, UNDP, Growth, Center for Global Development, U.S . Treasury, Treasury, Reuters, Sustainability Trust, Thomson Locations: Paris, France, WASHINGTON, China, Venice, U.S
US stock futures rose on Thursday ahead of weekly jobless claims data and more Fed speeches. US stock index futures climbed on Thursday as investors awaited the release of weekly jobless claims data and prepared to digest a series of speeches from Federal Reserve officials. Dow Jones futures climbed 0.4% while Nasdaq 100 futures gained 0.54%. Investors awaited US jobless claims data on Thursday, after a quiet week on the economics front. Economists expect weekly initial jobless claims to drop below 400,000, after a surprise rise to 412,000 the previous week.
Persons: Dow Jones, John Williams, Raphael Bostic, Robert Kaplan, Jeffrey Halley, Brent, Organizations: Bank, Bell, Federal Reserve, Bank of, Futures, Dow, Nasdaq, CSI, Nikkei, Investors, New York Fed, Atlanta Fed, Dallas Fed, Bloomberg, Treasury, Bank of England Locations: COVID, Europe, OPEC
Total: 25