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Europe Stocks Near Longest Win Streak Since 1999: Markets Wrap

(Bloomberg) U.S. stocks eked out another all-time high and Treasury yields declined after a report showed consumer sentiment fell to the lowest level in nearly a decade. The dollar weakened and crude oil slumped. The S&P 500 closed at a record for fourth consecutive session while trading within a 0.2% range Friday. The consumer staples and real estate sectors led gains, while energy and financial shares declined. The benchmark index has almost doubled since the pandemic lows reached in March 2020, with the energy sector the biggest gainer during that period. Walt Disney rose after its streaming subscriptions beat estimates. European stocks posted the longest winning streak since 1999. “It’s just a quiet summer Friday,” said Matt Maley, chief market strategist for Miller Tabak + Co. “Most of the earnings season is behind us. Therefore, people are just taking a breath after a nice rally.” The U.S. equity rally slowed Friday after data showed the University of Michigan’s pre

Friday 13th Futures Hit New All-Time High, Europe Set For 10th Straight Record Close

Friday 13th Futures Hit New All-Time High, Europe Set For 10th Straight Record Close
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

JPM poaches Wells leaders for private markets push

JPM poaches Wells leaders for private markets push
citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.

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