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Stocks climb as Treasury rally takes breather; dollar rises

Lead nyse

Bloomberg US stocks rallied and Treasuries fell as investor concern over an economic downturn showed signs of easing. The dollar edged higher. Every industry in the S&P 500 Index advanced, with technology and consumer shares leading gains. The yield on benchmark US debt rose after closing below 2.4 percent though the spread between three-month and 10-year rates remained in negative ...

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Pound advances as top Brexiteer revives hopes for PM’s deal

Bloomberg The pound climbed as Brexiteer Jacob Rees-Mogg signalled he could back the UK Prime Minister’s deal to leave the European Union, as he kept alive the possibility that her plan might pass through parliament, which did not. Sterling reversed earlier declines to lead gains across the Group-of-10 currencies as Rees-Mogg said Theresa May’s deal was “better than not leaving ...

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A360 Summit spotlights global industry trends

A360

Dubai / WAM The Abundance 360 Summit (A360), being held for the first time in Dubai highlighted, during its first day, the latest global industry trends and challenges that are presented by the evolvement of technology. Delegates representing top financial institutions, unicorn tech companies, representatives of some of the region’s most renowned family offices and senior management of Fortune 500 ...

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