USA stocks rose to fresh records on Friday, propelled by strong earnings from Intel and drugmaker AbbVie as well as a weaker dollar, putting the three main indexes on track for their best four-week rally since 2016.
Honeywell (N:) rose 1.2 percent after the company raised its forecast for 2018 profit.
Gold climbed back toward the previous session's 17-month peak as the US dollar index fell. For the week, the MSCI index was up 2 per cent. Fourth-quarter gross domestic product increased at a 2.6 per cent annual rate, the Commerce Department reported.
S. growth data. official in support of a weak dollar and following Friday's U. S.
Buoyed by AbbVie, the S&P healthcare index.SPXHC gained 2.17 percent, scored its best day since November 2016 and was the best performer among the 11 major S&P sectors. The Dow the S&P 500 and the Nasdaq Composite Index have mostly risen to all-time highs in January on the back of better-than-expected quarterly reports and in anticipation that Wall Street friendly legislations will boost economic growth and the market.
The dollar strengthened after Pres. Trump said Wednesday's comments from Treasury Secretary Mnuchin - who said he welcomed a weaker dollar - were taken out of context and clarified that his administration ultimately wants to see a stronger dollar.
The dollar was last down 0.44 percent against a basket of currencies ().
Oil prices settled higher on Friday after hitting three-year highs, with crude also posting a weekly gain as a weaker US dollar underpinned prices. The yield on the 10-year Treasury fell to 2.64 percent. On Thursday, the contract climbed to as high as $71.28, its highest since 2014. On Thursday, they also reached their highest since December 2014, at $66.66. For the week, Brent posted a almost 2.7 per cent gain, while USA crude was up 4.3 per cent for the week.
The business is also to boost capacity by opening a dedicated grocery fulfillment center this year, they said. Today, we announced a strategic alliance with Rakuten, the number one e-commerce company in Japan.
In India, the partial shadow on the Moon would be seen at 4.21 pm, while the complete lunar eclipse would be visible at 6.21 pm. A total of 85 total lunar eclipses will take place during the 21st century, and Taiwan will be able to see 63 of them.
Engulfed in flames, the wreckage of the helicopter registered to an aviation company linked to Burnett was spotted on a ranch. He spoke to ZimEye early Saturday morning of Bennett who died in a helicopter accident in the USA on Wednesday night.
The cause of the incident remains unknown but two cars appear to have peeled off the rails and come to rest at an angle. According to the reports , fire fighters were seen gathering in the coach trying to evacuate the injured passengers.
She said he sent her a text that he saw the gunman walk up and shoot the girl in the neck and chest in the school's cafeteria. Edge says both students attended the school in the tiny town of Italy, about 40 miles (64 kilometers) south of Dallas.
As I said before, I think I'm repeating every three days, I will be very happy to continue to work with my players. " Morata , Courtois are out", Conte said when asked about Chelsea's injury situation.
The button allows creating either a "Loop" which is small 3-second Boomerang like clip or "Fast-Forward" one or two-second clips. You will be able to see all created GIFs in your history and this makes it easy to reuse a GIF when the time is appropriate.
That proposal immediately provoked the ire of Democrats, who have been battling Republicans and Trump for weeks over immigration. Negotiations will be tough. "The President is headed in the right direction here", tweeted Sen.
Dolores O'Riordan will be laid to rest today
London's Metropolitan Police told ET last week that the singer's death is not being treated as suspicious . Her spiritual journey continued in many parts of our world, and yet Dolores remained anchored in Limerick.
South China Sea: China threatens war on US
Washington carries out "freedom of navigation" operations that it insists are separate from political considerations. Two U.S. officials confirmed that the USS Hopper had sailed within 12 nautical miles of Scarborough.
Captive children were starved, dogs were well-fed
Fellows said detectives are preparing to submit their case to the District Attorney's Office seeking charges against the suspects. When police arrived, some of the children were still shackled to their beds, but the parents had unchained two, Hestrin said.
Kim Kardashian & Kanye West Reveal Name of Baby #3
She added that her daughter North and son Saint , who she carried herself, are "especially thrilled to welcome their baby sister". Kardashian West announced the child's birth earlier this week in a statement released on her official website.
North Koreans will compete in 3 sports at 2018 Games: IOC
He said: "Since 2014, the IOC has addressed the special situation of having the Olympic Winter Games on the Korean peninsula. The hockey team will compete as "Korea", under the unification flag and using the song "Arirang" as its anthem.