Dow Jones Closes at Record High for Second Straight Day
Dow Jones Closes at Record High for Second Straight Day
Dow hits another record as stocks close higher
15 July, 2017, 09:50
A rise in shares of Apple, Microsoft and Alphabet provided the biggest boost to the S&P and the Nasdaq.
US stocks were slightly higher at the open on Friday as June consumer price index data indicated benign inflation that could test the Federal Reserve's resolve to raise interest rates for a third time this year, while investors parsed earnings reports from big banks.
Investors continued to keep an eye on Federal Reserve Chair Janet Yellen's second day of testimony before Congress, a day after she signaled a dovish stance on interest rates.
But Yellen cautioned that boosting U.S. economic growth to the Trump administration's target of three percent would be "quite challenging", in part because of difficulty accelerating productivity growth.
Yellen will stand before the Senate Banking Committee on Thursday.
"Today, the market is saying that's old news and let's focus on the matter at hand, which is earnings that will be coming out in earnest this week".
Ten of the 11 major S&P sectors were higher, with the utilities index's 0.83 percent rise leading the advancers. The S&P 500 closed up 17.9 points, or 0.7%, to 2,443.5.
Disney gathers princesses to showcase animation slate
Reilly ) and his plucky sidekick must venture into the internet to find the a replacement part for the game. In order to save Vanellope's (voiced by Sarah Silverman ) broken game Sugar Rush , Ralph (voiced by John C.
Data showed US producer prices unexpectedly rose in June as sustained increases in the cost of services offset declining energy prices, suggesting a recent moderation in inflation was likely temporary.
Delta Air Lines fell 1.8 percent after reporting a smaller profit than analysts expected.
The Dow Jones has been up 8% over the last six months, the best first-half performance since 2013.
The Dow rose to a record high close while USA stocks kept their upward momentum on Wednesday following Yellen's comments.
Advancing issues outnumbered decliners on the NYSE by 1,767 to 792. On the Nasdaq, 1,721 issues fell and 1,046 advanced.
A group representing the families of victims had complained that the magazine was being insensitive for "morbid sensationalism". Children were among the dozens killed before police fatally shot the driver.
In addition to her cut of the tour profits, she also garnered $6.2 million dollars in royalties from her music. In 2015, when Springsteen played only a handful of shows, he did not crack Billboard's Top 50.
Prices for new vehicles decline for the fifth successive month while the run of declines for used vehicles extended to six months. Moreover, retail sales growth for June was -0.2% , another disappointing economic data point that is driving market activity.
More than 60 firefighters are battling a multiple-alarm fire in a Honolulu high-rise apartment building. Firefighters received a call for the fire on the 26th floor of the Marco Polo building at 2:30 p.m.
The institutional investor owned 500,423 shares of the media conglomerate's stock after selling 118,071 shares during the period. It has outperformed by 19.67% the S&P500. (TWX) has a market cap of $76.93 billion and over the last 12 months, Time Warner Inc.
The break only lasted a couple of minutes, but Querrey won both points when play resumed, with Cilic missing a pair of backhands. With a beyond impressive seven Wimbledon men's singles titles to his name, Federer is poised to earn an eighth this year.
Do you think Arsenal are wasting their time with trying to sign a player that wants to join Real Madrid? Monaco starlet Kylian Mbappe has admitted that he is unsure whether he is going to stay at the club.
Danny Lee's hopes of qualifying for the British Open will come down to luck after pulling out of the latest PGA Tour event in IL . Rodgers followed his 65 in Round 1 with a 64 in Round 2, and at 14 under, he leads the tournament by two over Bryson DeChambeau.
The Hindi-speaking crowd then walked out of the concert midway accusing that "most of the songs in the concert were in Tamil". The Twitterati was divided over the legendary composer choosing to croon Tamil songs over theBollywood tracks.
A new Pokémon is now available via Mystery Gift in Pokémon Sun and Moon in the United States, Europe, and Australia. After the gift has been received by your game, you will need to go back to the main menu and select "Continue".
Trump's presidential campaign was mired with controversies , out of which the 2005 "Access Hollywood" tape was the worst . Macron struck a similar note, stating that nothing can diminish his country's relationship with the U.S.
The two leaders shared a passionate and lengthy handshake at the end of President Trump's two-day state visit to France . He then repeated the comment to Macron himself saying "she's in such shape" before saying the word "beautiful".
Published specifications of the smartphone Xiaomi Redmi 5
Expandable storage is available on the Redmi Note 4 via a hybrid dual-SIM card configuration, supporting microSD cards (up 128GB). As per as its cameras are concerned, it will have a 16 MP back camera with a dual-tone LED flash and phase detection autofocus.
Timberwolves' Dieng to play in NBA Africa exhibition
Come the NBA Africa Game, both players will have a chance to show a new continent of fans why they're so highly regarded. With the National Basketball Association hosting its second Africa Game there will be a few Boston Celtics connections.
'Saturday Night Live,' 'Westworld' top 2017 Emmy nominations
The results were announced by #Anna Chlumsky ( 'Veep' ) and #Shemar Moore ( Criminal Minds' ) from Television Academy on Thursday. The shows with the most nominations for the 69th Primetime Emmy Awards include HBO hit Westworld and NBC's Saturday Night Live .
Second Man Charged In Deaths Of Four In Pennsylvania
He was released from Bucks County jail on Tuesday night after 10 percent of his $1 million bail was paid by his father. Dinardo then drove the backhoe over Meo and "basically crushes him", Kratz told police, according to the complaint.
Rent-A-Center Directors Reject Takeover Bid
Rent-A-Center Inc (NASDAQ: RCII ) now has a trailing P/E of -4.68 while its forward P/E according to Thomson Reuters is 13.29. State of Alaska Department of Revenue raised its position in shares of Rent-A-Center by 77.1% in the second quarter.
Investigators find crashed plane in Marineland
According to the FAA, the Piper PA44 was approximately 22 miles north of Ormond Beach when it lost radar contact around 11 p.m. Staly said the aircraft may have cut a tree before it crashed but it is not immediately clear why the plane went down.