From ‘laksa’ to pies, pizza and salt beef sandwiches, Bangsar’s The Spot by Chinoz is simplicity at its very best
US Labour Department data showed employers hired far more workers in March than expected and kept steadily lifting wages, suggesting the economy ended the first quarter on solid ground.The data stoked expectations the Fed will likely delay cutting interest rates given that a recession is nowhere in sight, said Tom Plumb, president and portfolio manager at Plumb Funds in Madison, Wisconsin.
For the week, the Dow fell 2.3 per cent, the S&P 500 dropped 1 per cent and the Nasdaq declined 0.8 per cent. Among the day’s gainers, Krispy Kreme DNUT.O rose 7.3 per cent after Piper Sandler analysts upgraded the doughnut chain to “overweight” from “neutral”. Shockwave Medical gained 2 per cent after Johnson & Johnson agreed to buy the medical device maker for US$12.5 billion.
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