European stocks back off record highs

Bloomberg Okta Expects 30% Annual Growth to 2024, Boosted by New Markets (Bloomberg) — Okta Inc., an identity-verification software maker whose business got a dramatic boost from the shift to remote work during the pandemic, projected sales will grow 30% in each of the next three years.Revenue at the end of fiscal 2024 will be close […]

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FTSE 100 climbs as falling yields weigh on sterling

Bloomberg Swedish Central Bank Reveals First Study of Digital Currency (Bloomberg) — The Swedes are learning that their once pioneering vision for a central bank digital currency might take a lot longer to enact than initially thought.The Riksbank just published the results of the first phase of a pilot project into what is essentially the […]

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Stocks Hold the Line After Fed Releases Minutes

MarketWatch U.S. stock market books modest loss as 10-year Treasury note falls to around 1.65% U.S. stocks finished slightly lower Tuesday after the S&P 500 hit a record intraday high as investors weighed prospects for President Joe Biden’s $ 2.3 trillion infrastructure plan and a brightening outlook for the U.S. and global economy. A sharp […]

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Global Stocks Hover Near Records as Fed Minutes Loom

Bloomberg Service Industries in U.S. Expand at Fastest Pace on Record (Bloomberg) — U.S. service providers experienced the fastest growth on record in March as measures of business activity and orders advanced to new highs.The figures from the Institute for Supply Management on Monday underscore how looser business restrictions and increasing economic activity are igniting […]

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What to Watch: Reopening plans spur UK service sector, hopes of over-50s cruise boom for Saga, and Ryanair set for slow recovery

Globe Newswire Global Footwear Industry Abstract: – The global market for Footwear is projected to reach US$ 403. 2 billion by 2025, driven by new design trends and rising discretionary spending among the expanding base of middle class population.New York, April 07, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Footwear […]

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U.S. Stocks Close Near Record Highs

Bloomberg Stocks Decline in Slowest Trading Day of This Year: Markets Wrap (Bloomberg) — Stocks dropped in the slowest trading day of 2021 after a rally that drove the equity market to all-time highs. Treasuries climbed.Volume on U.S. exchanges slipped below 10 billion shares for the first time this year. Tech companies led losses in […]

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U.S., European Stocks Hit Record Highs

Bloomberg BP Poised to Restart Buybacks After Reaching Debt Goal Early (Bloomberg) — BP Plc said it already achieved its $ 35 billion net-debt target, reaching the threshold at which it has said it can restart share buybacks about a year earlier than expected.The news reflects an accelerated pace of asset sales and improved business […]

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