Bloomberg The bull market in the S&P 500 has further to run as the pandemic becomes endemic mid-year, according to Julian Emanuel, who in late 2019 correctly predicted the boom in retail investing. Continued fiscal and monetary support even if it’s diminishing — will help underpin US stocks this year along with historically low interest rates and robust US ...

  Bloomberg Shares of technology and internet stocks fell on Monday, extending recent declines as investors continued to monitor a rise in Treasury yields. Losses were widespread across the group, with megacap names, semiconductor stocks and the software sector all tumbling. The group led broad declines in the US equity market, and the Nasdaq 100 Index fell more than 2%. ...

  Bloomberg Lululemon Athletica Inc. shares tumbled after the company warned that financial results will come at the low end of previous guidance, saying the Omicron coronavirus variant was constraining its operations. Sales for the fiscal fourth quarter are trending towards the bottom of its range of $2.125 billion to $2.165 billion, the maker of yoga pants said in a ...

  Bloomberg President Vladimir Putin vowed to protect Russia and its ex-Soviet allies from what he called outside efforts to destabilize their governments with public protests, just days after Russian-led troops helped Kazakh authorities subdue nationwide demonstrations. “We won’t let anyone disturb the situation in our homes and won’t allow scenarios of so-called color revolutions to be played out,” Putin ...

  Bloomberg The US agreed to limit military personnel’s movements off base in Japan, after regional governors blamed American troops for helping to introduce the Omicron variant of Covid. For two weeks starting Monday, US Forces Japan personnel will only be allowed outside military facilities for activities deemed essential, the two sides announced in a statement late Sunday. The US ...

  Bloomberg Sweden called Russia’s warning to NATO and its allies “unacceptable” amid a military buildup at Ukraine’s borders, vowing to deepen its relationship with the defense bloc. Comments from Defense Minister Peter Hultqvist highlight a public backlash in the non-NATO members Sweden and Finland to Russian President Vladimir Putin’s demands for assurances that the defense alliance stops eastward expansion ...

  Bloomberg Myanmar’s Aung San Suu Kyi was sentenced to another four years in prison after a special court found the ousted civilian leader guilty in a second round of charges brought against her by the military junta that took power in February. Suu Kyi, 76, was found guilty for illegally importing and possessing unlicensed walkie-talkies as well as breaking ...

  Bloomberg The head of Denmark’s military intelligence service, Lars Findsen, has been jailed, charged with leaking classified material, according to local media. Last month, Danish police arrested four current and former intelligence workers on charges they had leaked highly classified information. Broadcaster TV2 and other media reported on Monday that Findsen, 57, was among those four after the district ...

  Bloomberg Bank of America Corp, (BofA) tallying its haul from a second banner year for Wall Street securities firms, is shifting its philosophy on bonuses and dramatically sweetening rewards after a bout of restraint a year ago. Senior executives are planning to increase the bonus pool for investment bankers by more than 40%. And for sales and trading operations, ...

  Bloomberg Morgan Stanley agreed to pay $60 million to settle a class action suit by consumers claiming the firm failed to safeguard their personal information. The agreement, if approved by a federal judge in Manhattan, would resolve claims over two security breaches that compromised personal information of 15 million current and former clients, according to a group of them ...