The S&P 500 rose Thursday, as investors bet the worst of the regional bank crisis has passed. The Dow rose 0.43% The S&P 500 gained 0.57% The Nasdaq climbed 0.73%
CreditSights maintained its "outperform" recommendation on Alibaba after its overhaul of business structure, adding that the plans will not have much of an impact on the company's credit.
"We think that the corporate reorganization reduces the risk of cash burn for Alibaba to fund unprofitable business lines," the note added. Fitch reiterated both companies' ratings at BBB- in the release. Shares of Adani Transmission fell 0.5% in Wednesday's trade in Mumbai, while Adani Ports and Special Economic Zone rose by more than 5%.raisedThe central bank said the Thai economy is expected to continue to expand, driven by tourism and private consumption, while noting heightened uncertainty over the recent turmoil around banks in the U.S. and Europe.
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U.S. stocks open higher, with Dow rising more than 200 pointsU.S. stocks opened higher Wednesday, as investors await home sales data and testimony from the Federal Reserve’s Michael Barr on bank oversight. The Dow Jones Industrial Average was up more than 200 points, or 0.8%, soon after the opening bell:
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S&P 500 ends above 4,000 mark on Wednesday, posting highest close in 3 weeksU.S. stocks finished higher on Wednesday as investors waited on an update on inflation due Friday that could help inform how many more rate hikes to expect from the Federal Reserve. The Dow Jones Industrial Average rose 1%:
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Stock market news today: S&P 500 may break 3-day win streakUS stocks slip as yields creep higher on easing concerns about banking system stress
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S&P 500 Futures, Treasury bond yields print mild gains as banking optimism prevails amid sluggish sessionS&P 500 Futures, Treasury bond yields print mild gains as banking optimism prevails amid sluggish session – by anilpanchal7 SP500 YieldCurve RiskAversion Banks Sentiment
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Superb, one-owner Griffith 500 for salePH25 got you in the mood for a TVR? Look no further...
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