Friday, September 22News That Matters
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Tag: flat

Stock futures are flat in overnight trading after S&P 500 closes at a record

Finance
Traders work on the floor at the New York Stock Exchange.Brendan McDermid | ReutersStock futures held steady in overnight trading Sunday after a rush of broad based late buying pushed the S&P 500 to a record high in the final minutes of the previous session.Futures on the Dow Jones Industrial Average dipped just 25 points. S&P 500 futures and Nasdaq 100 futures were both little changed.On Friday, all three major benchmarks rallied to their session highs into the close with the blue-chip Dow closing about 450 points higher. The S&P 500 eventually climbed 1.7% to hit a record closing high. The Nasdaq Composite wiped out a 0.8% loss and ended Friday 1.2% higher.Traders are bracing for heightened volatility during this holiday-shortened week with quarter-end rebalancing among pensi...

Stock futures are flat amid renewed concern about pandemic recovery

Finance
U.S. stock futures were flat in overnight trading on Tuesday amid renewed investor concern about the global recovery from the coronavirus pandemic.Dow futures rose 20 points. S&P 500 futures gained 0.08% and Nasdaq 100 futures rose 0.3%.On Tuesday, stocks tied to an economic recovery led the losses amid rising new coronavirus cases in the U.S. and abroad.The Dow Jones Industrial Average lost more than 300 points, dragged down by a 3.4% drop in Caterpillar's stock. The S&P 500 fell 0.76% with major losses from airlines and cruise lines. The Nasdaq Composite dropped 1.12% as Facebook, Apple and Tesla all closed lower.The small-cap benchmark Russell 2000 fell 3.58%, for its worst day since June.Many regions of the world are seeing rising Covid-19 cases as highly contagious varian...
Cladding rules: ‘I would never have bought my flat if I knew’

Cladding rules: ‘I would never have bought my flat if I knew’

Business
NHS worker Holly Ciesielczuk bought 75% of her first-floor flat in Redbridge in March 2019, under shared ownership.But when she tried to borrow more money to increase her share of ownership a year later, she hit a stumbling block.Following their initial survey, her mortgage lender requested an EWS1 form - an external wall safety certificate for the building, which can be obtained following checks.These were first developed to assess the potential financial impact of cladding on high-rise flats, after 72 people died at Grenfell Tower. To begin with, only those who owned flats in tall buildings with dangerous flammable cladding were affected. But after the government extended its advice to smaller properties in January 2020, mortgage lenders began demanding fire surveys from a much wider ran...
Lukas Gage calls out ‘unmuted’ director for mocking his flat on Zoom audition

Lukas Gage calls out ‘unmuted’ director for mocking his flat on Zoom audition

Entertainment
Euphoria star Lukas Gage has shared the awkward moment a director insulted his flat during a Zoom audition - without realising he was not muted.Just before he is about to perform a scene, a male director heard telling someone else on the video call: "These poor people live in these tiny apartments. Like I'm looking at his background, and he's got his TV and you know..." The 25-year-old winces before pointing out: "Yeah, unmuted."He adds: "I know, it's a s***ty apartment. That's why give me this job, so I can get a better one!"When the director - whose identity is unknown - realises his mistake, he tells Gage: "Oh my God, I'm so, so sorry." ...

Stock futures flat after market suffers 3 straight days of losses

Finance
A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020.Mike Segar | ReutersStock futures were flat in overnight trading on Thursday as investors await the latest retail sales data.Futures on the Dow Jones Industrial Average gained about 30 points. The S&P 500 futures and the Nasdaq 100 futures both rose about 0.2%.Retail sales data, due Friday at 8:30 a.m. ET, will offer an update on the recovery in consumer spending. Economists polled by Dow Jones expect retail sales to rise by 0.7% in September, following a 0.6% rebound in August. Excluding autos, sales were expected to rise by 0.4%.Major averages suffered their third straight day of losses on Thursday,...