The Standard & Poor’s 500-stock index set another record on Wednesday after reaching a new high on Monday. It set records on two days the previous week, too.
Global markets appeared largely calm on Friday, the last day of trading before the first round of France's closely fought presidential election, with French bond yields hitting a three-month low and the euro treading water.
Worried by signs that China is tightening monetary policy, mainland investors are loading up on Hong Kong-listed Chinese firms, which are trading at hefty discounts to the shares of the same companies in Shanghai and Shenzhen.
President Trump deserves credit for the stock market rally, as he has unleashed “animal spirits.”
No wonder it’s being called the Trump rally. But that was yesterday. The more important question now is who holds the most power over this rally in the weeks and months ahead?
South Korean stock trading offered a case in point Friday, with a selloff in hotels, cosmetic makers and other tourism-related companies that made the country’s benchmark the worst performer among Asian equity markets.
Snap is set to debut on the public market after the biggest IPO since 2014.
Wyc Grousbeck, a co-owner of the Boston Celtics, is looking to raise $175 million for sports-related technology investments.