Author: FX
© Reuters. Migrants seeking asylum in the U.S., gather at the Paso Del Norte international bridge between Mexico and the United States, after the lifting of COVID-19 era Title 42 restrictions that have blocked migrants at the border from seeking asylum since 2020, i MEXICO CITY (Reuters) – Mexico’s government on Saturday slammed a tough new state immigration law in Florida spearheaded by Republican Governor and U.S. presidential contender Ron DeSantis, and the country vowed to help protect undocumented Mexicans in that state. DeSantis is seeking the 2024 Republican nomination for president, and his new Florida law, which took effect…
Eduardo Munoz Alvarez/Getty Images News Millions of people across the U.S. and Canada have been under air quality alerts and warnings, as smoke from Canadian wildfires has smothered northeastern U.S. cities such as New York and Washington, D.C., in recent weeks, even reaching Chicago and parts of the Midwest. As residents struggle to cope with the hazy conditions, demand for air purifiers has been surging, reports say. Raymond James analyst Olivia Tong recently raised her FY 2024 adjusted earnings and core sales estimates for Helen of Troy (NASDAQ:HELE), citing demand for Honeywell (NASDAQ:HON) air purifiers. Tong said the higher estimates…
© Reuters. FILE PHOTO: Florida Governor Ron Desantis addresses Iowa residents on his second day of campaigning as an official candidate for the 2024 U.S. Republican presidential nomination, at Sun Valley Barn in Pella, Iowa, U.S. May 31, 2023. REUTERS/Scott Morgan/F By Jason Lange WASHINGTON (Reuters) – Gay Republicans criticized as “homophobic” a video posted by Republican presidential candidate Ron DeSantis’ campaign highlighting rival Donald Trump’s past statements in support of gay rights, and the former president declined at a rally on Saturday to respond to the attack. Florida Governor DeSantis’ campaign posted the video on Twitter late on Friday,…
iQoncept Buoyed by booming sales of its diabetes drugs, Eli Lilly (NYSE:LLY) was the best performing large pharma or biotech in H1 2023, returning an impressive 28%. Coming in second, Vertex Pharmaceuticals (VRTX), helped by continued strong revenue from its cystic fibrosis portfolio, returned ~23%. In third, Denmark-based Novo Nordisk (NVS), which is focused on diabetes treatments, was up ~18%. In the first half of the year, the Dow Jones Industrial Average (DJI) finished up ~4%, the S&P 500 (SPX) is up ~16%, the Nasdaq (COMP.IND) is up ~33%. Rounding out the top 5 performing pharmas and biotech in H1…
SOXS and DRN among ETF weekly movers Source link
5/5 © Reuters. A group of police officers walk as people protest following the death of Nahel, a 17-year-old teenager killed by a French police officer in Nanterre during a traffic stop, and against police violence, in Paris, France, June 30, 2023. REUTERS/Juan Medina 2/5 By Tassilo Hummel PARIS (Reuters) -More than 1,300 people were arrested in France during a fourth night of rioting before the funeral on Saturday of Nahel M, whose shooting by police sparked the unrest, in the Paris suburb where the teenager died. The government deployed 45,000 police and several armoured vehicles overnight to tackle the…
By Steve Gorman (Reuters) – A SpaceX rocket in Florida stood poised for launch on Saturday carrying an orbital telescope built to shed light on mysterious cosmic phenomena known as dark energy and dark matter, unseen forces scientists say account for 95% of the known universe. The telescope dubbed Euclid, a European Space Agency (ESA) instrument named for the ancient Greek mathematician called the “father of geometry,” was bundled inside the cargo bay of a Falcon 9 rocket set for blast-off around 11 a.m. EDT (1500 GMT) from Cape Canaveral Space Force Station. New insights from the $1.4 billion mission,…
Li Auto announces new record with 32,575 deliveries on higher operating capabilities Source link
Financial authorities in Japan, specifically the Ministry of Finance and the Bank of Japan have been making ‘verbal intervention’ statements in recent months as the yen has depreciated. Authorities do not want the currency to decline rapidly and use the comments to slow its drop. However, at some stage, if the yen falls too far for comfort, there will be actual intervention, in the form of selling USD/JPY. There may be some cross-selling but the bulk of intervention will be in USD/JPY. In October 2022 the Ministry of Finance instructed the Bank of Japan to sell USD/JPY, actual intervention. In…
The S&P 500 (SP500) on Friday posted a 15.90% gain for the first six months of 2023, while its accompanying SPDR S&P 500 Trust ETF (NYSEARCA:SPY) added 15.91% for the same period. The benchmark index’s H1 rally has been driven by a combination of factors, chief among them being a blistering advance in growth stocks led by technology. Positive sentiment was also buoyed by signs that the Federal Reserve’s aggressive rate-hiking campaign was having its intended slowdown effect on the economy, with market participants ratcheting up their bets that the central bank would have to end its monetary policy tightening…