P Sasaki, 21, Will Start for Japan in Wbc Semifinal
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Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
The S&P 500 Clinches Best Start to Year Since 2019
Resilient corporate profits, enthusiasm around AI and hopes that the Fed will cut rates have given investors plenty of reasons to keep on buying.The Wall Street Journal - World -
March 21, 2024 Israel-Hamas war
The US-proposed resolution on Gaza, which calls for a ceasefire, will be brought to a vote in the UN Security Council on Friday morning, a US official said Thursday.CNN - Top stories - Israel -
The S&P 500 gained 10% in the first quarter, its best start to a year since 2019, as the U.S. economy continues to defy expectations.
The S&P 500 gained 10% in the first quarter, its best start to a year since 2019, as the U.S. economy continues to defy expectations.The Wall Street Journal - World -
March Madness 2024: Ranking all Sweet 16 games as NCAA Tournament rolls on to regional semifinals
Here is the breakdown of which games are going to be the best in Thursday and Friday's regional semifinalsCBS Sports - Sports -
Sinner advances to 3rd Miami semifinal in 4 years; Alexandrova continues run by ousting Pegula
Australian Open champion Jannik Sinner won his 20th match of the year to reach the Miami Open semifinals for the third time in the past four years with a victory over Tomas MachacABC News - Sports -
NIT bracket 2024: Tournament schedule, scores, dates as Seton Hall, Utah advance to semifinals
Seton Hall and Utah cruised to victory in the NIT Tournament on WednesdayCBS Sports - Sports -
2024 NCAA Division II basketball tournament: How to watch semifinals, live stream, TV channel, schedule
Nova Southeastern is looking for back-to-back titlesCBS Sports - Sports - College Basketball -
Culberson strikes out with Braves in try to be P
Charlie Culberson's attempt to become a pitcher took a blow when he was released by the Braves. The 34-year-old has spent 11 years in the majors as a utility man.ESPN - Sports -
Stocks Finish Lower, Led by Nasdaq
U.S. stocks finished lower, with the S&P 500 creeping further from its recent record highs.The Wall Street Journal - World -
Nigeria accuses Binance of tax evasion as detained executive ‘escapes’ custody
West African country steps up scrutiny of world’s largest cryptocurrency exchangeFinancial Times - Business -
S&P Global Cuts Paramount Credit Rating Into Junk Territory
The ratings company cut Paramount Global to BB-plus from BBB-minus, citing continuing cord cutting and elevated investments required to support the buildout of streaming services.The Wall Street Journal - World -
Amazon writes its largest venture cheque yet for AI start-up Anthropic
$2.75bn deal is the latest sign of Big Tech’s race to capitalise on the booming sectorFinancial Times - Business - Amazon -
GE Vernova, Solventum to join S&P 500 index next week
Newly minted GE Vernova and Solventum Corp., both soon to be officially spun off from two industrial giants, are hitting it big early: They are joining the S&P 500 index next week.MarketWatch - Business -
FirstFT: US and Japan plan upgrade to security alliance
Also in today’s newsletter, Moscow attack suspects appear in court and corporate insiders sell company sharesFinancial Times - World - Japan -
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Japan nappy maker shifts from babies to adults
Since 2011, sales of adult nappies have outpaced those for infants in Japan as its population ages.BBC News - Top stories - Japan -
Wall Street revamps 2024 S&P 500 targets after record-setting stock-market rally
Wall Street analysts are playing catchup with the 2024 stock-market rally.MarketWatch - Business -
Big tech companies could drive the S&P 500 to 6,000 this year or crash it to 4,500, says Goldman Sachs
Goldman Sachs lays out a scenario for the S&P 500 to hit 6,000 by the end of the year thanks to Big Tech.MarketWatch - Business -
Major U.S. stock indexes declined, with the S&P 500, Nasdaq and Dow industrials retreating 0.3%, 0.4% and 0.1%, respectively.
Major U.S. stock indexes declined, with the S&P 500, Nasdaq and Dow industrials retreating 0.3%, 0.4% and 0.1%, respectively.The Wall Street Journal - World -
How has this $25 billion fund beaten the S&P 500? Patience — and preparing for ‘the next big thing’
Tech stocks have been on a wild ride over the past few years, but the Franklin DynaTech Fund has performed very well over long cycles. Here’s how it might get in early on another transformational business cycle.MarketWatch - Business -
S&P issues negative outlook on five U.S. regional banks due to risky office space exposure
Higher office space vacancies trigger rise in criticized and modified loans, as a maturity wall loomsMarketWatch - Business -
Momentum stocks are outperforming S&P 500 by widest margin since 2008. Investors should be concerned.
Momentum stocks are coming off their best stretch of outperformance in years — since just before the financial crisis, in fact. That’s making some investors nervous.MarketWatch - Business -
U.S. stocks rose, with the S&P 500 adding 0.9% to close at a record and the Dow and Nasdaq gaining 1.2% and 0.5%, respectively.
U.S. stocks rose, with the S&P 500 adding 0.9% to close at a record and the Dow and Nasdaq gaining 1.2% and 0.5%, respectively.The Wall Street Journal - World -
RBC bumps up its S&P 500 target again, but sees gains increasingly hard to come by
RBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, has increased her year-end forecast from 5,150 to 5,300 for the index.MarketWatch - Business -
The S&P 500 and Wall Street’s ‘fear gauge’ are both up in 2024. Should investors be worried?
Something unusual happened in the stock market this quarter: Both the S&P 500 and Cboe Volatility Index, better known as the Vix, rose.MarketWatch - Business -
S&P 500 Rises to New Record to Close Out Monster First Quarter
Benchmark index notches best start to year since 2019.The Wall Street Journal - World -
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US and Japan plan biggest upgrade to security pact in over 60 years
Biden and Kishida to announce move to counter China at White House meeting next monthFinancial Times - Business - Japan -
Japan relaxes defence export rules to allow sales of new fighter jet
Tokyo to allow transfer of supersonic aircraft under development with UK and ItalyFinancial Times - World -
Japan dietary supplement recalled amid investigation into two deaths and 100 hospitalisations
Cholesterol-lowering supplements containing ‘beni koji’ recalled by Kobayashi Pharmaceutical over possible link to kidney disease. A nationwide recall of a dietary supplement that lowers cholesterol has been issued in Japan amid concerns it could ...The Guardian - World - Japan -
Sign of the times in Japan as nappy company switches production to adult nappies
Oji Holdings said it would stop making children’s nappies in September amid a sharp decline in demand. Japan has a rapidly ageing society. A nappy manufacturer in Japan is to stop making the products for babies and instead raise production of ...The Guardian - World - Japan -
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Japan's yen hits 34-year-low, heating talk of intervention
The Japanese yen on Wednesday hit its weakest level since 1990, fueling debates about whether policymakers will intervene to prop up the currency.CNBC - Business - Japan -
Janet Yellen warns China against clean energy dumping
US Treasury secretary tells Beijing its trade practices will distort markets and harm workersFinancial Times - Business - China -
Top Fed official says ‘no rush’ on rates after ‘disappointing’ data
Progress on taming price rises ‘has slowed and may have stalled’, according to Christopher WallerFinancial Times - Business - Federal Reserve -
Why good news for Japan may be bad news for hedge funds
After three decades of corporate stagnation, there’s fresh momentum — but not everyone is pleasedFinancial Times - Business -
Standard Chartered says Japan 'very, very close' to yen intervention
The yen's 34-year low has prompted market speculation over potential government intervention to support its currency.CNBC - Business - Japan -
$75,000 for a baby? South Korean businesses float incentives as demographic crisis looms
Companies and politicians try new strategies to encourage workers to start familiesFinancial Times - Business