(Bloomberg) -- Apollo Global Management Inc. has been added to the S&P 500 index in the latest quarterly weighting change, joining alternative asset manager Blackstone Inc. on the world’s most-watched equity gauge. Workday Inc. has been included too.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectThe two companies will
Apollo Global Management, Workday to Join S&P 500
Apollo Global Management and Workday will join the benchmark S&P 500 later this month, S&P Dow Jones Indexes said Friday.
Stock market today: Indexes rise as rate-cut odds edge up after jobs report
US employers added more jobs than expected in November, bouncing back after October's dismal reading. Stocks rose and yields slumped Friday morning.
ETFs Pull in $1T YTD for First Time Amid Market Leap
Inflows reported by Bloomberg top 16-figures amid broad market rally.
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S&P 500 Gains and Losses Today: Lululemon Stock Soars on Bright Holiday Outlook
The S&P 500 added 0.3% on Friday, Dec. 6, ending the week with a record close as November jobs data came in stronger than expected.
S&P 500, Nasdaq Close at Record Highs After Jobs Report
The S&P 500 and the Nasdaq Composite closed at all-time highs Friday as official data showed the eco
Wall Street adds to stock, rate cut bets after 'Thanksgiving buffet' jobs data
BOSTON/LONDON (Reuters) -Global stocks advanced as investors raised their bets on the prospect of a U.S. interest rate cut this month after payrolls data showed strong job growth in November, while the euro dipped against the dollar as political turmoil gripped France. Futures markets put an 85% chance on the U.S. Federal Reserve cutting rates by 25 basis points at its Dec. 17-18 meeting after the data, compared with 68% earlier in the session. Nonfarm payrolls increased by 227,000 jobs last month after rising an upwardly revised 36,000 in October, in a month hit by hurricanes and strikes.
S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view
NEW YORK (Reuters) -The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and other companies and as U.S. jobs data fueled expectations the Federal Reserve would cut interest rates this month. The Dow finished lower, as a 5.1% drop in UnitedHealth Group shares weighed on the index. The S&P 500 consumer discretionary index rose 2.4% to hit an all-time closing high.
US dollar advances, fades earlier sell-off ahead of next week's inflation
NEW YORK (Reuters) -The U.S. dollar rose on Friday, as earlier selling, amid a jobs report showing higher unemployment and modest job gains overall, lost momentum ahead of an inflation report next week that could either reinforce or cast doubts on interest rate cut expectations later this month. Against the yen, the dollar advanced from session lows to trade little changed at 150 yen. "Noisy (payrolls) report but soft enough to reinforce the positioning adjustment across FX," Mark McCormick, head of foreign exchange and emerging market strategy at TD Securities, wrote in a research note.