Making sense of the forces driving global markets. The S&P 500 hits a three-month high, rising 0.6% on the day, and the Nasdaq hits its highest level since February after a 0.7% rise.

He successfully transformed the World Financial Center in downtown Manhattan into Brookfield Place, a luxury 330,000 SF retail center with brands such as Hermes, Gucci and Ferragamo. Hogan’s vision ...