S&P Global’s Post

S&P Global is pleased to share that Martina Cheung, S&P Global’s current President of S&P Global Ratings, has been named our next President and CEO, effective November 1, 2024. Please join us in congratulating Martina!  Read our full press release on the news here: https://okt.to/aw48QK

From S&P Global Market Intelligence: Large-cap stock indexes rose during June, extending the S&P 500's rally into a second straight month. The S&P 500 rose 3.5% during the month, while the Dow Jones Industrial Average gained 1.1%. Smaller-cap stocks, though, struggled as the Russell 2000 index shed 1.1% during the month. Technology stocks continued to drive the mega-cap S&P 500 higher as investors jump into artificial intelligence and related stocks. Get more insights: https://okt.to/GYWdIr

The Paris 2024 Olympic Games mark the first 50-50 split between competing women and men athletes, which has come a long way since 1900 when women first participated in the games. Women's #sports leagues in the US and Europe are also seeing record viewership, which is expected to continue with this year's #Olympics due to media right holders' commitment to extensive coverage of women's events. Download the report, or read more on our website: https://okt.to/cZvoYg

Venezuela's presidential election in July is shaping up to be a dramatic showdown. With US #sanctions policy playing a pivotal role, the political landscape in #Venezuela is as volatile as ever. As Venezuela prepares for the #election, the US has adopted a unique approach to its sanctions policy, focusing on company-specific licenses rather than broad sanctions relief to balance market stability with political progress. Start every business day with the S&P Global #DailyUpdate — which offers our analyses of the most pressing developments affecting markets today, alongside a curated selection of our latest and most important insights on the global economy. Join the conversation in the comments, and subscribe to be notified of each new edition.

Corporate procurement has been a key driving force of #renewables uptake globally. In 2023, corporate power purchase agreements unleashed 25% of wind and solar capacity additions globally, outside mainland China, compared to 5% in 2015. North America emerged as the frontrunner, with US-headquartered companies playing a pivotal role as early adopters. As of this year, #CorporateRenewable procurement capacity continues to show momentum, with 15.8 GW contracted in the first quarter, growing 36% year on year. Read S&P Global Commodity Insights article: https://okt.to/h6xIyq

AI's ability to sort data and find meaningful (and often novel) connections means it has quickly become a central element of synbio's #technology platform, which, with engineering and biology, is part of the three-component loop that powers this emerging field of #science. Read our latest research: https://okt.to/XJhAvP

The start of the second half of 2024 brings a barrage of data releases including worldwide #PMI data, while key official updates include US #payrolls, #eurozone #inflation and Japan's #Tankan updates. Beside data releases, there will also be the publication of June Fed minutes and Fed speaker appearances, not to forget elections in Europe. Read S&P Global Market Intelligence's article for details: https://okt.to/D3V6mU

China ABS And RMBS Tracker is a monthly report that tracks the performance of the China ABS and RMBS rated by S&P Global Ratings. Download the full report: https://okt.to/m6n0ku

Carbon taxes are deeply unpopular with the industries most in need of #decarbonization. They pass on costs incurred to consumers with a remarkable degree of transparency about the reasons for higher prices. This quickly renders #carbon taxes equally unpopular with consumers. However, any large-scale decarbonization of the global #economy will require changes in consumer behavior. Start every business day with the S&P Global #DailyUpdate — which offers our analyses of the most pressing developments affecting markets today, alongside a curated selection of our latest and most important insights on the global economy. Join the conversation in the comments, and subscribe to be notified of each new edition.