Arab Today, arab today dow extends recordsetting streak to 7 days
Last Updated : GMT 14:41:18
Arab Today, arab today
Arab Today, arab today

Dow extends record-setting streak to 7 days

Arab Today, arab today

Arab Today, arab today Dow extends record-setting streak to 7 days

New York - AFP

The Dow Jones Industrial Average set a new record closing for the seventh straight day Wednesday as US stocks registered small gains. The Dow added 5.22 points (0.04 percent) at 14,455.28, also its ninth straight day of gains. The broad-based S&P 500 rose 2.04 (0.13 percent) at 1,554.52, while the tech-rich Nasdaq Composite edged up 2.80 (0.09 percent) to 3,245.12. Trade was slower as the overall market sought direction. Stocks gained support from a report of stronger-than expected retail sales in February, which grew 1.1 percent from January, though partly due to higher gasoline prices. Trade was strong in software firms VMware and EMC, which together announced an ambitious new initiative for a cloud-based data processing company. VMware gained 8.1 percent and EMC 1.8 percent on the announcement, which will require a substantial investment by the two. Oil refiner Valero Energy sank 4.7 percent after being downgraded to \"neutral\" from \"outperform\" by Macquarie. IBM and Boeing led gainers on the Dow, both rising 0.7 percent, while Alcoa was the biggest loser, down 1.0 percent. Dole Foods sank 9.0 percent after reporting a fourth-quarter loss and acknowledging that conditions in the banana market remain \"challenging.\" On the Nasdaq, Facebook dropped 2.7 percent. Bond prices were flat. The yield on the 10-year Treasury held at 2.02 percent and the 30-year yield at 3.22 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 dow extends recordsetting streak to 7 days Arab Today, arab today dow extends recordsetting streak to 7 days

 



Arab Today, arab today

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 dow extends recordsetting streak to 7 days Arab Today, arab today dow extends recordsetting streak to 7 days

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
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