Jail for HR exec in Singapore who saw firm’s bank account as ‘personal piggy bank’, made bogus pay claims of S$136,000
Benchmark S&P 500 and the Nasdaq finished higher after paring earlier losses on the session, while the Dow lost ground. Technology stocks were the biggest gainers, while energy equities were the biggest drag.Markets had weighed data showing US manufacturing activity had slowed for the second straight month, raising concerns of weakening economic growth.
The Dow Jones Industrial Average fell 115.29 points, or 0.30 per cent, to 38,571.03, the S&P 500 gained 5.89 points, or 0.11 per cent, to 5,283.40 and the Nasdaq Composite gained 93.66 points, or 0.56 per cent, to 16,828.67. GameStop soared 21 per cent after a weekend Reddit post from stocks influencer Keith Gill, also known as “Roaring Kitty”, showed a US$116 million bet on the gaming retailer.
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