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Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
The moves Monday come after the S&P 500 and Nasdaq rallied toward a winning week on Friday, regaining their footing after two downbeat sessions. The Dow lagged for the week, falling just less than 2%.
Skupien, Phyllis Lipka and Reynolds, Frank (2006). “Stock-Options Backdating & Executive Compensation (Andrews Special Report),” West Group. ISBN 978-0-314-96627-8; Taylor, Jeffrey M., Creamer III, Anthony B., and Dubow, Jay A. (2007). “Understanding the stock options backdating controversy : new developments,” LC Control No. 2007931090
Initial unemployment claims came in at approximately the expected level last week, totaling 385,000 for the week ended July 31, the Labor Department said Thursday. This compared to consensus ...
Amanda Lang (born 31 October 1970) is a Canadian business journalist, and host of Taking Stock, a weekly business news program on CTV, BNN Bloomberg and CP24. [2] Previously, she was the host of Bloomberg North on Bloomberg TV Canada. [3]
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On the one hand, what a month. But on the other, what a week. Last Friday, the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) closed just off record highs, with the former above its 6,100 mark after ...