Page 48 - William Ackman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Provided by Dow Jones By Caitlin Ostroff U.S. stock futures extended their gains Friday after the monthly jobs report showed a pickup in the American labor market's recovery. Futures tied to the S&P 500 rose 0.4% and had been up less than 0.1% ahead of the data. The broad market index is on track to post muted losses for the week. Futures on the Nasdaq-100 edged up 0.5%. The technology-heavy gauge has fallen about 1.2% this week and is poised for its worst week since mid-May. The U.S. added 559,000 jobs last month, while the unemployment rate fell to 5.8%....

Provided by Dow Jones By Stephen Wilmot Hedge-fund billionaire William Ackman launched the biggest-ever special-purpose acquisition company last year. Now his message is that SPACs have had their day. On Friday, French media conglomerate Vivendi and Pershing Square Tontine Holdings, Mr. Ackman's $4 billion SPAC, confirmed a report in The Wall Street Journal that the two parties are in talks. The SPAC would take a 10% stake in Universal Music Group, Vivendi's crown jewel. This isn't your usual SPAC deal. In February, Vivendi said it would spin out UMG later...

* Indexes up: Dow 0.43%, S&P 0.83%, Nasdaq 1.5% (New throughout, updates prices, market activity and comments to include U.S. afternoon trading)

Wall St rises as jobs report calms inflation worries By Medha Singh and Shashank Nayar Reuters (Reuters) - U.S. stocks rose on Friday, with technology shares leading the way, as weaker-than-expected jobs growth eased concerns about the economy running too hot and causing an early tightening of monetary policy. The Labor Department's closely watched report showed nonfarm payrolls increased by 559,000 jobs last month, helped by vaccinations and a reopening economy, following an unexpected slowdown in the labor market in April. Economists polled by Reuters had forecast 650,000 new jobs in Ma...

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European markets closed higher on Friday as continued optimism about global economic recovery helped underpin sentiment.Data showing a jump in U.S. non-farm