Music Stocks Down as Markets Show Optimism for U.S. Debt-Ceiling Deal

Stock markets ended the week on a positive note as investors showed optimism believing that Congress can negotiate a deal to increase the nation’s debt limit and avoid a historic default. The S&P 500 increased 1.3% to $4,205.45, up 0.3% on the week, while the Nasdaq composite climbed 2.2% on Friday to finish the week up 2.5% — its fifth straight week of gains. South Korea’s KOSPI index improved 0.8% to 2,558.81 while the U.K.’s FTSE 1000 dropped 1.7% to 7,627.20.

The index’s top performer was Round Hill Music Royalty Fund Ltd., which gained 3.3% to 0.775 pounds . Madison Square Garden Entertainment and Sphere Entertainment Co. gained 2.2% and 1.7%, respectively. The two companies were under the same roof until Madison Square Garden Entertainment’s concert promotion business was spun off from the remainder of the company on April 21. Sphere Entertainment Co.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

CRACKING DOWN: Bissonnet Street 'closed for business' as authorities crack down on prostitution, sex traffickingThe Houston Police Department is sending a warning to those who go around Bissonnet Street.
Fonte: FOX26Houston - 🏆 448. / 53 Consulte Mais informação »

Stock market today: World markets higher as US government debt talks said to make headwayWorld markets were mostly higher Friday, lifted by optimism that Congress and the president will strike a deal to unlock a vote for lifting the U.S. government’s debt ceiling and avert a potentially calamitous default.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »