Dow higher as Wall Street starts week in better mood
Dow higher as Wall Street starts week in better mood
Weekly March E-mini S&P 500 Index
15 February, 2018, 15:21
For Chinese companies listed in the United States, shares of Chinese e-commerce giant Alibaba rose 0.44 percent to end at 177.44 US dollars on Monday, while shares of another Chinese technology company Baidu soared 2.77 percent to close at 221.64 USA dollars.
US stocks are posting solid gains Monday as technology and energy companies recover some of their recent losses.
U.S. stocks moved sharply higher in early trading Friday, recouping some of the ground lost a day earlier when indexes plummeted, deepening a weeklong sell-off that knocked the market into a "correction" for the first time in two years.
Technology and industrial companies and retailers were leading the market higher Monday.
In company news, Shares of CSRA Inc. surged 31% after the government IT company agreed to be acquired by General Dynamics Corp.in a deal that values CSRA at around $6.68 billion. The Nasdaq composite gained 118 points, or 1.7 percent, to 6,992.
But some market analysts warned that Monday's quick rise in stock prices may be a sign that after more than a year of market calm, volatility but not necessarily optimism had re-emerged.
Investor attention is focused on the question of inflation.
OIL: Benchmark U.S. crude fell 29 cents to $59.00 per barrel in electronic trading on the New York Mercantile Exchange. The S&P 500 energy index is down 12 per cent over the last month.
By 9:54 a.m. NY time, the FTSE 100, which captures Britain's largest companies, had fallen 1.7 percent, Germany's DAX had tumbled 2.2 percent and France's CAC 40 had dropped 2.1 percent.
Benchmark U.S. crude gained 62 cents, or 1 percent, to $59.82 a barrel in NY.
"We think we're going to be volatile for a few more trading days at least, as the market sorts out what's really been going on", Rob Haworth from the U.S. Bank Wealth Management said. Disney agreed to buy Fox's movie and television studios and some cable and worldwide TV businesses in December for about $52.4 billion in stock. Brent crude, used to price worldwide oils, dropped 16 cents to $62.43 per barrel in London.
Comcast stock slipped 3 cents to $38.54 while Disney added 30 cents to $103.39.
The 10-year Treasury yield has climbed rapidly from 2.4% at the start of 2018 to about 2.86%. Heating oil fell 2 cents to $1.84 a gallon. Chipmaker Applied Materials climbed $1.42, or 3 percent, to $49.50.
The dollar rose to 108.65 yen from 108.53 yen. Inflation in particular will be of interest as it could affect expectations of more rate increases the Federal Reserve. The euro rose to $1.23 from $1.2231. Fears of more aggressive interest rate hikes were one of the triggers of last week's stock market sell-off.
Hong Kong's Hang Seng lost 0.2 percent, and Seoul's Kospi rose 0.9 percent.
Later on Tuesday's program, Behar backtracked slightly - but held firm to her belief that listening to Jesus is odd behavior. Jeffress said he told President Trump last week that he has become the most "faith-friendly" president in history.
O'Neill said Sinn Fein had reached an accommodation with the leadership of the DUP, adding they had failed to close a deal. I respect the Irish language and those who speak it but in a shared society this can not be a one-way street.
The UK now spends £13bn on aid each year and there have always been calls from some Conservative MPs for cuts to this budget. Maybe the scandal will even trigger a long-overdue debate about the limits of foreign aid.
Canada and Switzerland will now compete for the gold medal in mixed doubles curling Tuesday (6:05 a.m. The 2016 World Mixed Curling Champion uploaded the videos to her almost 10,000 followers this year.
A list of Dos and Don'ts was issued in 2014. "If we won't enter the university, then who will?" a student said to ANI . He referred to the "western influence" causing youngsters to celebrate February 14 as Valentine's Day .
Newnum didn't have an exact age for the boy or further details on why he was being brought to the area before the crash happened. According to court documents, a witness said Romero had "bloodshot, glassy eyes, slurred speech" and looked "grossly impaired".
Following the incident, Congress has called for a day-long bandh in the Kannur district, where the murder took place. The BJP is an intolerant communal and fascist force, while the CPI (M) propagates political intolerance, he said.
Of course, users who want the full support of Windows Defender ATP will have to upgrade their machines to Windows 10 . If you are a current customer, a preview of this offering will arrive in the spring.
Smoke and Explosions at Circular Quay
Multiple fire crews are at the scene, with video footage showing the outside scaffolding of the Pitt Street building well alight. Traffic is heavy due to the Cahill Exp being closed for a short period following the building fire at Pitt and Alfred Sts.
Martin O'Neill joins mourners at Liam Miller's funeral
Parish priest in Ovens Fr Liam Hickey said Miller lived the dream of every young boy who has put on a football jersey. It was as a husband to Claire and a father of three that Liam Miller is best remembered among those who new him best.
Tillerson says the battle against ISIL continues
Some experts say that the move is further proof that Trump's tough rhetoric is meaningless and disconnected from actual US policy. Tillerson called the package "a signal to the rest of the world that the U.S-Jordan partnership has never been stronger".
Reich embraces new role with Colts as coaching backup plan
He did not drop hints about any other hires though he did say he intends to call plays something he did not do in Philadelphia. Any seasoned Bills fan would tell you that when it comes to backup plans, you can't do better than our old friend, Frank Reich .