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RMG Acquisition Corp. III Announces Cancellation of Dissolution
RMG Acquisition Corp. III Announces Liquidation
Morgan Stanley rose more than 2.6% before the market and announced a repurchase of up to $12 billion in shares
Morgan Stanley (MS.N) rose more than 2.6% in pre-market hours. Morgan Stanley doubled its quarterly dividend and announced a share repurchase of up to $12 billion.
The increase in the US University of Michigan consumer confidence index in June was lower than expected
The rise in the US consumer confidence index in June fell short of expectations, and long-term inflation expectations were moderated compared to a month ago. According to data released on Friday, the final value of the University of Michigan's consumer confidence index rose to 85.5 from 82.9 in May. This figure is lower than the economists' median forecast of 86.5, and lower than the initial value of 86.4. Although this figure is down from earlier this month, the confidence index is still at its second highest level since the outbreak began in March last year. As states fully reopen and the number of new cases falls to a low since the pandemic, consumers are becoming increasingly optimistic. Although the overall confidence index is lower than before the pandemic
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