Wall Street investors cheer Bongbong Marcos as he rings NYSE bell

President Ferdinand Marcos Jr. had the privilege of ringing the closing bell at the New York Stock Exchange (NYSE) on Monday (September 19) to mark the end of the day’s trading.

Joining Marcos was First Lady Liza Araneta Marcos, Finance Secretary Benjamin Diokno, Trade Secretary Alfredo Pascual, and NYSE executives.

The President rang the golden bell in rapid succession at exactly 4 p.m. He was also told to bang the gavel three times to officially end stocks trading for the day.

Indices were up on Monday with the Dow Jones Industrial Average rising by 0.64% to close at 31,019.68, and the S&P 500 gaining 0.69% to 3,899.89, according to CNBC.

The President is in New York to attend the United Nations General Assembly and to pursue some business and investor meetings on the side. He joined an NYSE economic forum in hopes of attracting more foreign investments.

DOE raises RE utilization percentage for on-grid areas

The Department of Energy (DOE) has increased the percentage of the utilization of renewable energy for on-grid areas from one percent to 2.52 percent in line with the administration’s goal of transitioning towards a sustainable and clean energy future.

Germany raids properties belonging to Russian oligarch

German investigators on Wednesday raided properties belonging to a Russian oligarch suspected of tax evasion and breaking EU sanctions, police and prosecutors said, with sources naming billionaire Alisher Usmanov as the target.