IT and energy stocks lift Sri Lankan shares higher
Sri Lankan shares closed higher on Thursday, led by information technology and energy stocks.
The CSE All-Share index settled 0.22% higher at 15,882.06 points.
Ceylinco Holdings and Lanka Ashok Leyland were the top gainers by index points, up 96.5 points and 49 points, respectively, on the day.
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Read MoreStock market today: Wall Street drifts as auto tariffs weigh and encouraging economic data help
By STAN CHOE, AP Business Writer
NEW YORK (AP) — Wall Street is getting pulled in different directions Thursday as President Donald Trump’s latest tariff escalation creates winners and losers among auto stocks, while better-than-expected data on the economy helps support the market.
Read MoreCanada’s behind I-90 billboard in Cleveland expressing disdain for Trump’s trade war
CLEVELAND, Ohio – Maybe you’ve seen one of the billboards along a highway in the Cleveland area.
They’re anti-tariff messages from Canada to Americans, telling them that the trade war started by President Trump is only going to backfire.
Several posters on social media have mentioned seeing the billboards in multiple locations around Northeast Ohio.
Read MoreAMD Stock Slips as Jefferies Downgrades, Says Nvidia Has 'Significant' Advantage
Key Takeaways
- AMD shares fell Thursday as the chip maker’s stock was downgraded by Jefferies analysts.
- The analysts said they expect the performance gap between AMD’s latest products and Nvidia’s to widen.
- AMD shares have lost more than 40% of their value over the last 12 months.
Stock Market Crash: Sensex drops 1,500 points ahead of Reciprocal tariff announcement
The benchmark indices were reacting to two days of global cues. The US market had a very sharp sell-off on Friday,
The Burst
How Buffett Makes Over 50% A Year On 1 Investment
50% a year? Impossible, you think. How could Warren Buffett possibly earn that much from a single investment?
You’re about to find out.
There’s a reason Warren Buffett earned the name the Oracle of Omaha. He can see (decades into the future) the effects of powerful forces that move slowly from one day to the next but that create tectonic shifts in economic fortunes over time.
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Read MoreThe Ivy
Market Commentary: How To Make $1,000,000 In 24 Hours
Do insiders know stuff that the public doesn’t and trade on it? To help you draw your own conclusions, we’ll share a story of how one trader turned $230,000 into over $1,000,000 in about 24 hours.
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