 | | | | U.S.-based EIG Global Energy Partners said on Friday a consortium it led has closed a deal to buy 49% of Saudi oil producer Aramco's (2222.SE) pipelines business for $12.4 billion. | | | | | | Bitcoin dropped 7% to $35,431.15 at 20:02 GMT on Friday, losing $2,666.53 from its previous close. | | | | | | The three main Wall Street indexes all finished sharply lower on Friday, after investors were spooked by hawkish interest rate comments by Federal Reserve official James Bullard. | | | | | | Minneapolis Federal Reserve President Neel Kashkari said on Friday he wants to keep the U.S. central bank's benchmark short-term interest rate near zero at least through the end of 2023 to allow the labor market to return to its pre-pandemic strength. | | | | | | The Federal Reserve's hawkish shift is forcing investors to reevaluate the rally in so-called value stocks, which have taken a hit in recent days after ripping higher for most of the year. | | | | | | U.S. companies scrambled to put in place policies that would allow employees to take a day off after President Joe Biden signed a bill late on Thursday to recognize June 19, or "Juneteenth", as a federal holiday. | | | | | | Market participants are girding for probably the biggest trading event of the year next Friday, as FTSE Russell stages the final reconstitution of its indexes, and trillions of dollars in investments could be influenced by the event that will reflect a wild trading year marked by the pandemic and the "meme" stock craze. | | | | | | Wall Street stocks fell on Friday after comments by Federal Reserve official James Bullard that inflation was stronger than anticipated shook investors' confidence in their existing positions, sending all three major indexes sharply lower. | | | | | | Boeing Co's (BA.N) 737 MAX 10, the largest member of its best-selling single-aisle airplane family, took off on its maiden flight on Friday from a Seattle-area airport, according to a Reuters witness. | | | | | | A near-record dollar amount of single stock equity options -totaling $818 billion - is set to expire at the close of trading on Friday afternoon, potentially driving sharp moves in some stocks throughout the day, Goldman Sachs analysts wrote. | | | | | |
