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Friday’s pullback in US equities offers a chance to add exposure rather than a reason to retreat, with a clear path for the S&P 500 to reach 8,000 this year, according to John Flood, the head of Americas equities execution services at Goldman Sachs Group Inc.
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Raizen SA reached an out-of-court restructuring agreement with the majority of its creditors, marking a key step in the Brazilian sugar-and-ethanol producer’s efforts to rework its debt, according to people familiar with the matter.
The president has told Bank of America and JPMorgan Chase to stop cutting conservatives off from doing business.
Check out the stocks Heard on the Street writers favor in their eighth annual stock-picking contest.
There is little sign of crimped demand for equities among individual investors, who remain bullish after two years of blockbuster gains.
The 10-year U.S. Treasury yield fell and ING said the the long end of the Treasury curve will continue trading at higher yields even as Trump hasn’t delivered anything to shock markets so far.
Maverick Natural Resources has operations in Texas and Oklahoma.
U.S. natural gas futures fell after weekend updates took some of the chill out of early February weather forecasts.
Federal Reserve Board announces approval of application by OceanFirst Financial Corp.
Federal Reserve issues FOMC statement