financial times: Markets pm: S&P 500 passes record closing high, Stocks firm as C...

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Markets afternoon briefing
Thursday March 28 2013

Financial Times - Financial markets news

S&P 500 passes record closing high

Since its intraday low of 666.79 in March 2009, the S&P has rallied 131 per cent, boosted by aggressive monetary easing and record US profits
http://link.ft.com/r/XYEWFF/RP6ZXG/JI67RT/HYMT8O/YGK19W/N9/h?a1=2013&a2=3&a3=28

Stocks firm as Cyprus fears ease

Global investors continue to be wary of eurozone, but mood improves after Cypriot banks reopen following the island's €10bn bailout without much drama
http://link.ft.com/r/XYEWFF/RP6ZXG/JI67RT/HYMT8O/7ZR019/N9/h?a1=2013&a2=3&a3=28

Jobless claims weigh on US stocks

US equity markets were little changed after mixed data showed economic growth slowed less than estimated but jobless claims rose
http://link.ft.com/r/XYEWFF/RP6ZXG/JI67RT/HYMT8O/6AJOUS/N9/h?a1=2013&a2=3&a3=28

Euro remains stuck near four-month low

Concerns over the contagion effects of the Cypriot banking bailout and the political impasse in Italy weigh on the single currency
http://link.ft.com/r/XYEWFF/RP6ZXG/JI67RT/HYMT8O/RPZJXC/N9/h?a1=2013&a2=3&a3=28

China wealth management rules hit shares

New rules reducing the range of assets in which wealth management products can invest hit the Shenzhen and Shanghai stock markets
http://link.ft.com/r/XYEWFF/RP6ZXG/JI67RT/HYMT8O/OFVQ58/N9/h?a1=2013&a2=3&a3=28

Dealmaking lifts mood as FTSE rallies

Takeover of Swedish catalyst specialist Formox by Johnson Matthey gives London traders some welcome distraction from the travails of the eurozone
http://link.ft.com/r/XYEWFF/RP6ZXG/JI67RT/HYMT8O/3CQGNQ/N9/h?a1=2013&a2=3&a3=28

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