Arab Today, arab today anxiety over company earnings sends us stocks lower
Last Updated : GMT 14:12:30
Arab Today, arab today
Arab Today, arab today

Anxiety over company earnings sends US stocks lower

Arab Today, arab today

Arab Today, arab today Anxiety over company earnings sends US stocks lower

US stocks finished modestly
New York - AFP

 US stocks Monday finished modestly lower as investor caution returned to the market ahead of Wednesday's unofficial kickoff of third-quarter company earnings reports.
The Dow Jones Industrial Average lost 17.78 points (0.10 percent) at 16,991.91.
The broad-based S&P 500 dipped 3.08 (0.16 percent) to 1,964.82, while the tech-rich Nasdaq Composite Index suffered deeper losses, falling 20.82 (0.47 percent) to 4,454.80.
Investors are nervous about the upcoming earnings reports in part because of fears that the dollar's big rise has hit US profits, said Peter Cardillo, chief market economist at Rockwell Global Capital.
"People are going to be anxious to see how the few first major reports indicate the rest of the season, especially among the multi-nationals, because of the strong dollar," he said.
Aluminum giant Alcoa reports financial results after the market closes Wednesday, kicking off the earnings season.
Analysts also cited profit taking as a factor in Monday's dip in the wake of a strong September jobs report that pushed Wall Street stocks sharply higher Friday.
Hewlett-Packard advanced 4.7 percent after announcing it plans to split into two separate, listed companies, one focusing on computers and printers, the other on corporate hardware and services operations.
The move by the world's second-largest personal computer maker is the latest in the technology sector based on the belief that tightly focused firms perform better.
BD, a medical device manufacturer, plans to acquire rival CareFusion for $12.2 billion, the companies announced. BD jumped 7.9 percent, while CareFusion soared 22.9 percent.
Hilton Worldwide fell 0.5 percent after announcing it would sell the legendary Waldorf Astoria hotel in New York City to Anbang Insurance Group of China for $1.95 billion.
Airline stocks fell on concerns about the Ebola virus. American Airlines dropped 3.6 percent, Delta Air Lines fell 2.3 percent and United Airlines lost 2.8 percent.
Bond prices were mixed. The yield on the 10-year US Treasury fell to 2.42 percent from 2.45 percent Friday, while the 30-year held steady at 3.13 percent. Bond prices and yields move inversely.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today anxiety over company earnings sends us stocks lower Arab Today, arab today anxiety over company earnings sends us stocks lower

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today anxiety over company earnings sends us stocks lower Arab Today, arab today anxiety over company earnings sends us stocks lower

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Lufthansa chief eyes up to 78

GMT 11:29 2017 Thursday ,21 September

Lufthansa chief eyes up to 78
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Rouhani at UN defends Iran nuclear deal

GMT 09:41 2017 Thursday ,21 September

Rouhani at UN defends Iran nuclear deal
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Actress Ream Hhagag prepares for a new film

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday