- SportsPA Media: Sport
The Championship season has been suspended since March.
- BusinessMotley Fool
The stock market is ending the week on an extremely high note, fueled by a fantastic jobs report and overall optimism about the reopening of the U.S. economy. Hotel stocks were among the market's best performers, and Ryman Hospitality Properties (NYSE: RHP) was a standout in the group, up by more than 11%. If you haven't read the jobs report, here's the general idea.
(Bloomberg) -- This year has brought more than its share of sleepless nights for many traders -- at least now they come with some big returns.The S&P 500’s staggering rally from its March low has mostly been powered by a sentiment shift overnight, according to data compiled by Bloomberg. A trader who bought the SPDR S&P 500 ETF at the Wall Street close and sold at the next open would have made 23% since the trough compared with 13% for holding the same ETF only during normal trading hours, the data show.In fact, the after-hours trade looks like it led the U.S. stock rebound. Overnight sentiment bottomed two days before the S&P 500, and outperformance measured from that date was even more extreme.“It reflects the optimism in the U.S. stock market from investors in Asia, as the Fed gave the green light to own U.S. assets,” said Dave Lutz, a managing director at JonesTrading who was referring to the central bank’s emergency measures.The return to form for the trade, which historically outperforms but was derailed in the coronavirus turmoil, adds another layer of mystery to the market’s current defiance of gravity. The S&P 500 is up by more than a third since March even as the pandemic batters the economy and large-scale protests sweep America.The trade may look like easy money, but it also means holding a position that could swing wildly amid an unpredictable news flow.As the virus began to spread through the world at the start of the year, headlines rolled in throughout the night and the after-hours strategy lost 30% in the first quarter, according to Bespoke Investment Group. The day trade gained 6%.For now, however, investors seem to have moved on from the first quarter chaos and put night terrors to one side.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- SportsPA Media: Sport
The former Yorkshire batsman, who was knighted last year, has been a regular on TMS since 2005.
The Australian actor played down the incident during the coronavirus lockdown, saying it "sounds very, very exciting but it wasn't."
‘Arsenal won’t sell Tierney, he’s an exciting talent’ – Parlour not convinced by Leicester transfer talk
The former Gunners ace has seen it suggested that a Scottish full-back could be reunited with ex-Celtic boss Brendan Rodgers at the King Power Stadium
- U.S.Associated Press
Freshman Sen. Tom Cotton has risen to the ranks of potential 2024 Republican presidential contenders by making all the right enemies. “One thing above all else will restore order to our streets: an overwhelming show of force to disperse, detain and ultimately deter lawbreakers,” the 43-year-old Arkansan wrote this week in a New York Times opinion column. For good measure, Cotton lambasted the Times — a favorite conservative target — after it released a subsequent statement saying Cotton's essay did not meet its standards.