S and P 500 hits new high as fear fades and rates ease
The S and P 500 closed at 2137.16, surpassing May 2015 highs and signaling regained investor confidence. Market resilience follows Brexit jitters, with volatility near year-ago lows as rates trend lower and safe assets gain. Investors push higher valuations while hoping earnings rebound in H2.
MENTIONED IN THIS ARTICLE
Standard & Poor
United Kingdom
Federal Reserve
China
Fed
Jamie Cox
Harris Finance Group
Treasury
BND
Biotech
Asia
Europe
Cox
Thomson Reuters Sells IP and Science Division
Thomson Reuters will sell its intellectual property and sciences division to private equity firms Onex and Baring Private Equity Asia for 3.55 billion dollars. The unit supplies patent, IP and scientific information to companies governments and universities.
MENTIONED IN THIS ARTICLE
Reuters
Thomson Reuters
Reuters News Service
Onex
Baring Private Equity Asia
Amazon cuts Dash buttons to one dollar with five dollar credit
Amazon lowers the Dash button price from 4.99 to 1.00 and adds a 5.00 purchase credit after the first press. The devices are thumb drive sized and order items automatically from Amazon when pressed. Burberry taps Marco Gobbetti to replace Christopher Bailey as CEO in 2017 with Bailey shifting to president and chief creative officer.
MENTIONED IN THIS ARTICLE
Amazon
Burberry
Marco Gobbetti
Céline
Christopher Bailey
Bailey
Pokémon Go launches AR moment for consumer use
AR shines via Pokémon Go a GPS driven mobile game letting players see creatures in the real world through a phone camera. It has driven massive downloads and sparked discussion on AR as a major tech force while critics note VR struggles to reach mass appeal.
MENTIONED IN THIS ARTICLE
Gartner
Brian Blau
SensorTower
Yue Fei
uSens
Facebook
Samsung
Deutsche Bank
Ross Sandler
Digi-Capital
Google Glass
Microsoft
Osterhout Design Group
San Francisco
Lenovo
Also Mentioned on This Page
Bow Jones Industrial
Awe Standard & Poor
Der
USA Today
Etwatch.com
Moneyline
Rus
Starbucks
U.S
Howard Schultz
Reggie Borges
USA
Fidelity Investments
Jae Yang
Karl Gelles
Daniel Sanchez
Dawn Bane
San Mateo
Calif
Laura Mandaro
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