More detail takes the shine off Lyft
Things aren't always as they appear at first glance. Lyft, the ride-sharing app, has updated its IPO regulatory filing but the detail this contains actually reduces the attractiveness of its upcoming launch.
Head of Editorial Content, Saxo Bank
Summary: Today's Morning Call sees Saxo FX head John Hardy and technical analyst Kim Cramer Larsson take a look at the recovery in US stocks, with Larsson pointing to 2,650 as the most significant resistance level for the S&P 500.