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S&P Global Shares Are Trading Lower After Wells Fargo Cut Its Price Target on the Stock From $620 to $617.
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Express News | After the release of the nonfarm payroll data, the three major stock index futures plummeted. Dow futures fell over 0.66%, S&P 500 futures dropped 0.7%, and Nasdaq 100 futures declined nearly 1%. The dollar index rose by 0.57% to 109.79.
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S&P Global report: Saudi large enterprises can withstand the rise in diesel prices.
1. The S&P Global report indicates that major Saudi companies such as SABIC, Al Marai Company, and SEC are well-prepared to cope with rising fuel and raw material prices by enhancing Operation efficiency and cost absorption through transmission mechanisms. 2. Saudi Arabia is promoting economic diversification according to the "Vision 2030" plan, and the increase in raw material and fuel prices will provide more funding support for the "Vision 2030" projects.
Bad news for ESG! The "flag bearer" Blackrock has also withdrawn.
Trump's return reignites the "anti-ESG" wave as Blackrock announces its withdrawal from the "Net Zero Financial Alliance." As the largest Asset Management firm in the world, Blackrock was once the number one advocate for ESG, with asset management scale related to this theme reaching as high as 1 trillion dollars.