Thu, Feb 18, 2021 9:26 PM
L&T Finance’s rights issue concludes, oversubscribed by 15%
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Many Americans may not like how the 535 members of the U.S. Congress manage the nation's money. However, quite a few representatives and senators manage their own money pretty well. It's not uncommon for lawmakers' investments to handily beat the S&P 500.Which stocks do members of Congress especially like? Here are the 10 high-profile stocks politicians have gravitated.
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Britain's FTSE 100 index extended its record run on Wednesday as a strong earnings update from Reckitt Benckiser and gains in commodity stocks offset lacklustre performances from Lloyds Banking Group after it reported a slide in quarterly profit. The blue-chip FTSE 100 was up 0.4%, as of 0721 GMT. The index touched 8,083.92, topping the previous session's peak of 8,076.52.
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The stock market has been on a roller coaster of ups and downs over the past few years. After surging by nearly 47% between October 2022 and March 2024, the S&P 500 has fallen by roughly 5% just in the last three weeks.This sudden sell-off may be concerning to many investors, especially as some might still be concerned that a recession is looming later this year. It's uncertain whether the mark.
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