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Mixed day on Wall Street, Dow gains, Nasdaq loses, S&P 500 ends flat 22 May 2021, 06:14 GMT+10 NEW YORK, New York - U.S. stocks were mixed on Friday following the release of Markit s Services PMI which hit 70.2 points in May, the highest on record and ahead of expectations. The Dow Jones did best, rising 123.69 points or 0.36 percent to close at 34,207.84. The Nasdaq Composite on the other hand shed 64.75 points or 0.48 percent to 13,470.99. The Standard and Poor s 500 was flat, dipping 3.26 points or 0.08 percent to 4,155.86. The U.S. dollar gained a little ground Friday. The euro slipped to 1.2186. The British pound fell to 1.4158. The Japanese yen was slightly lower approaching the New York close Friday at 108.89. The Swiss franc softened to 0.8972. ....
U.S. stocks were mixed on Friday following the release of Markit's Services PMI which hit 70.2 points in May, the highest on record and ahead of expectations. ....
S&P Global, IHS Markit Plan To Divest Two IHS Businesses To Complete Pending Merger WASHINGTON (dpa-AFX) - Data giant S&P Global, Inc. (SPGI) and information and analytics company IHS Markit Ltd. (INFO) announced Thursday that the leadership from both companies have decided to explore a divestiture of IHS Markit s Oil Price Information Services (OPIS) business, and IHS Markit s Coal, Metals and Mining business, following feedback from regulators. This decision was taken to ensure the pending merger of both companies closes on a timely basis. However, the divestiture is subject to further review and approval by regulators and antitrust authorities. ....