Provided by Dow Jones
By Anna Hirtenstein U.S. stocks were mixed Friday as investors assessed signs that overseas factories are booming while awaiting U.S. data. The S&P 500 ticked 0.2% higher, suggesting the broad-market index might make a tepid recovery. The gauge dropped 0.9% Thursday on reports that President Biden is considering higher capital-gains taxes for the wealthiest Americans, and is on track to end a four-week streak of gains. The Dow Jones Industrial Average edged down 0.2%, and the Nasdaq Composite gained 0.4%. Stocks have been choppy this week as sentiment wavered between concerns about fresh waves of Covid-19 infections around the world and optimism prompted by promising economic data. Weekly jobless claims last week hit the lowest point since the pandemic began, indicating that the U.S. labor market is improving. Money managers are looking to companies projections and other key indicators to gauge whether the econom
Stocks Edge Up But Remain on Track for Weekly Declines
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Stocks Climb on Strong Economic Data
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Police are warning of the dangers of tombstoning after an unconscious man was pulled from the water in Tenby. Picture: Dyfed-Powys Police POLICE are warning about the dangers of tombstoning after an unconscious man who was not breathing was pulled from the water in Tenby this evening (Saturday). Emergency services were called to Castle Beach at around 6.15pm following a report of a person in difficulty in the water. Tenby s RNLI inshore lifeboat, Georgina Taylor, was launched and an ambulance and police called to the the beach opposite St Catherine s Island A 23-year-old man had got into difficulty after jumping off the cliff into the water. He had been pulled from the water onto the rocks but was unconscious and not breathing.
Provided by Dow Jones
By Caitlin Ostroff U.S. stock futures wobbled Friday, suggesting that the S&P 500 will end the week near a record level following a rally powered by major technology stocks. Futures tied to the S&P 500 edged up less than 0.1%, indicating the broad market gauge could grind higher after closing Thursday at its 19th all-time high for 2021. The benchmark is on track to notch gains for a third straight week, its longest winning streak since mid October. Nasdaq-100 futures ticked down 0.1%, suggesting that large technology stocks may pause Friday. Stocks surged higher this week, led by technology companies. Bond markets calmed, with yields dropping for four straight days before ticking higher on Friday. Investors are betting that economic growth will pick up as Covid-19 vaccines and government support help revitalize social and business activity. Federal Reserve officials also reiterated this week that the central bank will co