Continent as well, we see the ftse Index Trading down and it has been all day. Continental indexes have been doing well but the ftses down. 1 stoxx 600 is down 1 10 of and the dax and the cac 40 is doing well. A little bit of recovery here. Currencies, two days story has been a euro story. As we move closer to the possibility of a majority government in germany, thats the heavyweight anchor of europe with the euro trading up and its now 100 its now 1. 19. Late the talk collapsed sunday night, the euro dropped down to 1. 17. Talks inhe coalition germany, so goes of the euro. Is closelyrket linked to what we have going on here. Germanu have problems in talks, the yields or the spread is jumping up from spanish and german debt. All the yields are rising as investors sell debt. They are presumably using some of that money to buy equities. The german tenyear bund is 36 basis points. Vonnie thank you. The fridayinto trading davis thanksgiving week. Abigail doolittle has the latest on a lower
Too often, the process of policymaking dissolves from principled debate to battling for regulatory handouts. Politicians fight to secure their constituents flashy and politically popular benefits at the national interest’s
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The highly-anticipated move to take Lucid Motors public is set to raise circa $4.4bn, which would see the luxury EV manufacturer valued at as much as $24bn. After selling shares at $10 each and raising $2bn in an initial public offering (IPO) on the New York Stock Exchange last July, Churchill Capital has now embarked on a private investment in public equity (PIPE) transaction to sell shares and raise another $1bn, as reported by
Reuters.
Highlighting the investor-frenzy around the stock,
Bloomberg’s Chris Bryant reported last Friday that “almost 240m shares have changed hands in the last three trading sessions [which is] remarkable considering only 207m shares are tradable.”