A bear market for the lads? Britain is on track to shed more than one pub a day this year. The UK has lost one-quarter of the pubs it had in the year 2000 (when you were still allowed to smoke in pubs and a British politician was reminiscing about when he’d drink 14 pints in a single day).

On Thursday, the S&P 500 set a new closing high with a 0.8% gain, the Nasdaq 100 rose 0.9%, and the Russell 2000 outperformed with a 1.3% advance. Every S&P sector ETF outside of utilities ended positive on the session, with the cyclical sectors of consumer discretionary, industrials, and financials all up in excess of 1%.