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Stock futures slip after Dow, S&P 500 hit fresh records

Finance
In this article@ND.1@SP.1@DJ.1A Wall Street street sign is displayed in front of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Feb. 11, 2021.Bloomberg | Getty ImagesFutures contracts tied to the major U.S. stock indexes slipped at the start of the overnight session Sunday evening, suggesting Wall Street could see mild losses on Monday to curb last week's strength in U.S. equity markets.Dow futures lost 30 points around 6 p.m. in New York, while contracts tied to the S&P 500 shed 0.15%. Nasdaq 100 futures fell 0.1%.The movement in the futures market on Sunday followed yet another record close for the Dow Jones Industrial Average on Friday, when it gained nearly 300 points to end at 33,800.6. The S&P 500 gained 0.8% and hit its third straight record close.Stocks ...

Futures rise slightly after S&P 500 hits fresh record

Finance
U.S. stock futures moved higher in overnight trading on Thursday after the S&P 500 notched a fresh record in the regular session.Dow futures rose about 50 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.17%.The major averages rose on Thursday, bolstered by gains in technology stocks. The Dow Jones Industrial Average gained 57 points, helped by a near-2% gain in Apple's stock.The S&P 500 climbed 0.42% and closed at a record high for the second day in a row.The Nasdaq Composite was the relative outperformer, gaining more than 1% as Amazon, Netflix, Microsoft and Google-parent Alphabet all closed higher.Investors largely shrugged off an unexpected jump in jobless claims from last week. The Labor Department reported first-time claims for the week ended April ...
Amazon Fresh till-less grocery store opens in London

Amazon Fresh till-less grocery store opens in London

Technology
AmazonAmazon has opened a till-less grocery store in London - its first "just walk out" shop outside the US.Visitors to Amazon Fresh scan a smartphone app when entering and are automatically billed as they leave.The store stocks hundreds of own-brand items as well as third-party products, and also serves as a place to collect and return goods bought online.Campaigners have raised privacy concerns but one retail expert said the opening marked a "watershed moment"."Having a physical presence will enable Amazon to address some of its weaknesses, like the mounting cost of deliveries and returns," said Natalie Berg, an analyst with NBK Retail.But she said she did not believe it would pose a threat to the major chains in the near term."Supermarkets have had a few years now to prepare and test th...
Spring training: Teams seek fresh start after COVID-19 threw MLB a curve in 2020

Spring training: Teams seek fresh start after COVID-19 threw MLB a curve in 2020

Sports
MIAMI, Feb. 27 (UPI) -- The Miami Marlins were arguably the MLB team most impacted by COVID-19 in 2020. They'll be one of 28 teams that start MLB spring training games Sunday with a renewed sense of optimism and appreciation for baseball. "It's going to be a full season, so let's see what we are made of," Marlins infielder Miguel Rojas told reporters Wednesday on a Zoom video conference. Advertisement All 30 MLB teams reported to camps last week, with half the league at training facilities in Florida and the other half in Arizona. The reporting dates came almost exactly a year after teams reported in 2020. Last year's preseason slate suddenly stopped in March, though, because of the coronavirus pandemic, which prompted an unprecedented MLB season. Forty-three 43 games were postponed and ...
Ahead of DHFL voting, Oaktree fires fresh salvo against Piramal bid

Ahead of DHFL voting, Oaktree fires fresh salvo against Piramal bid

Finance
MUMBAI: Ahead of the three week long voting starting Monday to decide on the new owner of Dewan Housing Finance Limited (DHFL), Oaktree has fired yet another salvo by attacking the bid of its nearest competitor Piramal Enterprises. In a letter sent on Sunday evening to members of the committee of creditors, the RBI appointed administrator, Oaktree has said it is concerned that despite its bid offering maximum value for all stakeholders, it appears “there is a consistent campaign to misrepresent information on Oaktree’s bid. Information is not only being presented in an incomplete and inaccurate manner but also in order to discredit Oaktree’s bid and favour the Second Highest Bidder.” Oaktree does not name Piramal Enterprises anywhere in the letter. Instead it refers to it indirectly callin...