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Dow Trades Higher as Economic Indicators Improve

imageStock Markets2 minutes ago (May 21, 2021 10:49AM ET)

(C) Reuters.

By Christiana Sciaudone

Investing.com — Markets improved for a second day as better-than-expected indicators and good earnings improved sentiment.

The Manufacturing PMI for May came in stronger that the forecast at 61.5 versus the expected 60.5. Yesterday’s jobless claims were the lowest since the pandemic hit.

The Dow Jones was up 218 points, or 0.64%, the S&P 500 traded 12 points, or 0.3%, higher, while the Nasdaq slide slightly by 0.14%.

Dow Trades Higher as Economic Indicators Improve

UniCredit to skip coupon payment after 2020 loss

UniCredit to skip coupon payment after 2020 loss
By Reuters – May 21, 2021

By Valentina Za and Abhinav Ramnarayan MILAN (Reuters) – UniCredit has decided to skip the payment of coupons on some financial instruments, in a U-turn that sent the bond in…

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