 | | | | The Nasdaq and S&P 500 closed at record levels on Thursday after a spate of strong corporate earnings and a further decline in U.S. unemployment claims last week, as investors weighed concerns of the surge of the Delta variant ahead of Friday's job's report. | | | | | | The U.S. Environmental Protection Agency on Thursday said it would propose reversing a Trump-era loosening of vehicle emissions rules, calling for a 10% hike in requirements for the 2023 model year. | | | | | | Procter & Gamble Co (PG.N) said on Thursday Nelson Peltz, activist investor and founder of Trian Fund Management, would step down from the company's board at the end of his term later this year. | | | | | | Minneapolis Federal Reserve President Neel Kashkari on Thursday said the highly transmissible Delta variant of the novel coronavirus could throw a "wrinkle" into the Fed's plan to reduce its asset-purchase program if it slows the labor market recovery. | | | | | | The U.S. Federal Reserve announced on Thursday how much each large bank that underwent the most recent stress test will have to hold on their books as capital cushions. | | | | | | American International Group Inc (AIG.N) beat second-quarter profit estimates on Thursday, driven by strong performance in its general insurance and life and retirement units. | | | | | | Plant-based meat company Beyond Meat Inc (BYND.O) forecast third-quarter revenue below estimates on Thursday, as a resurgence in COVID-19 infections threatens to pull consumers away from restaurants. | | | | | | JPMorgan has turned net bullish on hard currency emerging market sovereign and semi-sovereign debt by going overweight on the EMBI Global Diversified index, the Wall Street bank said in a sovereign credit strategy note. | | | | | | The Nasdaq and S&P 500 closed at their highest levels ever on Thursday after data showed U.S. unemployment claims declined further last week, along with other mixed economic data in anticipation around Friday's job's report. | | | | | | The dollar took a breather on Thursday, a day after being given a boost from seemingly hawkish comments by a top Federal Reserve official, as the market awaited new direction from Friday's U.S. jobs report. | | | | | |
