United States stocks close higher as Dow sets 11th straight record
01 March, 2017, 00:44 | Author: Elaine Woods
At 12:27 p.m. ET, the Dow .DJI was down 7.78 points, or 0.04 percent, at 20,813.98, the S&P 500 .SPX was down 0.42 points, or 0.01 percent, at 2,366.92 and the Nasdaq Composite .IXIC was down 0.21 points, or flat, at 5,845.10.
Boeing and UnitedHealth were among the biggest drivers for the index yesterday, while the S&P 500 also closed at a record high, thanks to a boost from energy.
Other markets: Oil futures fell more than 1% while gold futures fell 0.4%.
The markets have recently benefited from optimism about pro-business policies under Trump, and traders will be looking additional details on his policies on tax reform, deregulation, and infrastructure spending.
The Russell 2000 index of smaller-company stocks gave up 21.29 points, or 1.5 percent, to 1,386.68.
USA drops some claims against Texas voter ID law
A spokeswoman for Texas Attorney General Ken Paxton (R) declined to comment on the Justice Department's decision . The Texas law requires voters to show one of seven approved forms of identification to cast a ballot.
Defending champion Kyrgios into semifinals in Marseille
Pouille was never able to threaten Tsonga, who won all but six points on serve and did not face a break point in the contest. Since 2006, a Frenchman has now won the Marseille title seven times and in three of the last five years.
Among individual stocks, shares of Target (TGT) are likely to come under pressure in early trading after the retail giant reported weaker than expected fourth quarter earnings and provided disappointing guidance for fiscal 2017. Hong Kong's Hang Seng lost 0.8 per cent to 23,740.73 while the Shanghai Composite index in mainland China climbed 0.4 per cent to 3,241.73. Investors have also cheered data confirming an economic recovery in Europe and a turn around in company earnings.
Eight of the 11 major S&P 500 sectors were lower, with the 0.33 per cent drop in technology weighing the most.
Still, despite the strong reading on USA consumer confidence in February - the best since summer 2001 - investors were unwilling to make ever bigger bets on the Dow ahead of Trump's highly publicized speech to Congress late Tuesday. By comparison, the Dow is now up about 5.4 percent this year, so there's a long way to go before the market becomes as stretched as it was 30 years ago, Detrick said. He also said his budget would propose increasing military spending by $54 billion while cutting domestic programs and foreign aid by the same amount. While the German DAX Index is down by 0.1 percent, the French CAC 40 Index is up by 0.1 percent and the U.K.'s FTSE 100 Index is just above the unchanged line.
"The markets had this incredible run, much of it based on potential tax policy, and what everyone wants to see tomorrow night is some more details", JJ Kinahan, chief market strategist at TD Ameritrade, said Monday.
British retailer John Lewis (LON:BD32) has announced plans to cut nearly 800 jobs from the store's cafes and administration. John Lewis is to cut 387 jobs as part of its efforts to limit costs as the retail sector prepares for a more hard year.
Since then, the company has been striking deals with local operators to open additional locations around the world. Restaurant Brands said on Tuesday it would finance the deal with cash on hand and a financing commitment from J.P.
Hence, the film is also a strong contender for the "Best Editing", "Best Feature", and "Best Director" categories. Portman and her husband who was her Black Swan co-star Benjamin Millepied , have been married since 2012.
Liverpool can't afford any sympathy for Leicester's plight as they aim for a win that would take them back into the top four. But I will understand the players understand this and face them in the right way.
Most have been blowouts by double digits, and the Cardinals do not have the offensive firepower to keep up in a fast-paced game. But when everything is taken into account, the final week or so of the ACC regular season is somewhat akin to the first week.
We've already seen the beginnings of this with the DTEK line , but the KeyOne looks like the last " BlackBerry " BlackBerry phone. As for the availability of the device, BlackBerry has said it will be available across the globe starting from April.
Fletcher wanted to acquire the 6-foot-6 playmaker but also keep him away from competitors in the Western Conference. Hanzal has several years left, but the Coyotes made a decision to move on by giving him a chance to win this year.
Police say an 8-year-old girl has been fatally shot after the vehicle she was in was involved in a auto crash in Houston . Latoyia Thomas was coming home around 2 a.m. after getting her hair braided when she collided with another vehicle .
For data breaches affecting fewer than 5,000 customers, the companies must notify the FCC at the same time they notify consumers. But Trump's new FCC Chairman, Ajit Pai, has already given the merger his virtual blessing.
At an appearance at CPAC on Friday, Trump called Obamacare "a failed health-care law that threatens our medical system". Jay Inslee, speaking to reporters at a news conference before boarding a flight to Washington , D.C.
Lucerne wasn't far behind with 19.9 degrees, Zurich reached 19.5 and Bern set a new city record for February with 18.5 degrees. Bill Simpson, a meteorologist with the National Weather Service in Taunton, Massachusetts, said that's not exactly true.
Here is how you can witness Nokia event live from MWC 2017
Rumors and leaks suggest LG has scrapped the modular design of the LG G5 for a more standard metal unibody form factor. When it goes on sale following its launch on Sunday, the new Nokia 3310 is expected to fetch just €59 (around £50).
Optimism on Betsy DeVos as U.S. education secretary
DeVos was often criticized for her lack of experience and knowledge about the American education system. DeVos on the issue and pressed her to relent because he could not go forward without her consent .
Can Oasis Petroleum Inc. (NYSE:OAS) grow after Earnings?
In the past 6 months, 0 Insider purchases and 1 Insider Sales were made in which 150000 shares were exchanged as Insider Sales. The company reported ($0.17) earnings per share for the quarter, beating analysts' consensus estimates of ($0.19) by $0.02.
RBS annual losses deepen to £7bn after mis-selling scandal
The bank's return on tangible equity (RoTE) for the year was negative 17.9%, worsened from a negative 4.7% return in 2015. The solution, according to McEwan, is "going further on cost reduction and faster on digital transformation".
Guess who's joining 'Dancing With the Stars'
The last cast member born in the area was singer Chaka Khan, who came in last place on Season 21 in 2015. T will be competing alongside Olympic darling, Simone Biles on season 24 of the ABC hit.