Saturday, 16 December 2017
Latest news
Main » USA stocks open slightly higher

USA stocks open slightly higher

14 August 2017

The Dow Jones industrial average closed up 14 points, a gain of 0.07 percent, the Nasdaq composite rose almost 40 points or 0.64 percent and the S&P 500 gained 3 points or 0.13 percent.

Still, the S&P and the Dow were on track to post their biggest weekly loss in about five months and the Nasdaq on course to post its biggest weekly fall in about six weeks. The selling carried through Wednesday's premarket session, with USA stock futures falling slightly.

The S&P 500 Index (SPX - 2,474.02) lost 0.9 point, or 0.04%.

"We believe continued sabre-rattling between the two nuclear powers could take gold prices higher still".

The U.S. equity market is hovering near record levels and volume has been tepid following the onset of summer.

The dollar was further weighed down on Friday by the soft USA inflation data.

Man City boss Guardiola happy overcoming 'enthusiastic' Brighton
That make a gap and made everything more expensive. "In the next few years City will buy one, two, maybe three players". It started with Real Madrid and [Cristiano] Ronaldo going for £80m and then [Gareth] Bale for £85m.

This was followed by threats from North Korea of a strike on the US Pacific territory of Guam, a small island of less than 170,000 people about 2,000km south of Japan.

The Dow Jones Industrial Average fell 0.9 percent to end at 21,844.01, the only close below 22,000 since breaking through that level for the first time August 2.

On Tuesday, President Donald Trump warned North Korea of "fire and fury" in response to recent threats from Pyongyang, which said it was examining plans for attacking Guam, a US territory in the Pacific with a military base. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS closed 1.47 percent lower. Alliance Data Systems fell $6.28, or 2.7 percent, to $225.64.

"We would now be careful with a whiff of risk aversion in the air and, by extension, also stay away from shorts in the rates market", RBC's global macro strategist Peter Schaffrik said.

Shiseido shares soared 13.77 percent to 4,420 yen after the makeup company upgraded its annual sales and profit forecasts, and announced robust earnings for the January-June period. Netflix also fell, giving up $3.19, or 1.8 percent, to $175.17.

"Most investors will be completely out of their depth in making any assessment on the (North Korea) situation", said Koon Chow, emerging market FX strategist at fund manager UBP.

USA destroyer in South China Sea violated law, harmed security
Ma said that while China will continue its military activities, those "in the Sea of Japan are still not that many". This loss of confidence clearly erodes USA soft power and weakens ASEAN's bargaining position vis-a-vis China.

Consumer-focused stocks, media companies and banks accounted for much of the market decline.

Bond prices, which move inversely to yields, closed higher.

Benchmark U.S. 10-year notes last rose 6/32 in price to yield 2.1905 percent, from 2.211 percent late on Thursday.

The price of gold also surged for the second day in a row as the December bullion contract advanced $10.80 U.S.to $1,290.10 U.S.an ounce.

On the currency front, the USA dollar is trading at 108.82 yen compared to the 109.20 yen it fetched at the close of NY trading on Thursday.

CURRENCIES: The dollar fell to 109.97 yen from 110.48 yen late Tuesday. Brent crude, used to price global oils, rose 20 cents to $52.10 a barrel in London. Regeneron Pharmaceuticals led the pack, adding $6.99, or 1.5 percent, to $476.67.

Dallas Cowboys Have Been Suspended a Total of 108 Games Since 2014
His presence changes the dynamics of an offense because a defense has to know where he is on every single play. The Rams punted after Goff's first three plays, but Josh Forrest recovered the Cowboys' muffed return.

USA stocks open slightly higher