Arab Today, arab today ukraine tensions pull us stocks modestly lower
Last Updated : GMT 12:00:04
Arab Today, arab today
Arab Today, arab today

Ukraine tensions pull US stocks modestly lower

Arab Today, arab today

Arab Today, arab today Ukraine tensions pull US stocks modestly lower

The New York Stock Exchange
New York - AFP

US stocks fell modestly Thursday as rising fears about renewed tensions between Ukraine and Russia outweighed a batch of encouraging US economic data.
The Dow Jones Industrial Average fell 42.44 points (0.25 percent) to 17,079.57, while the tech-rich Nasdaq Composite dropped 11.93 (0.26 percent) to 4,557.69.
The broad-market S&P 500 pulled back from Wednesday's record close, shedding 3.38 (0.17 percent) at 1,996.74.
The indices finished off their lows of the morning, when shares were pressured by news that Russian forces were inside Ukraine helping support pro-Kremlin separatists who have been fighting against Kiev's rule since April.
NATO said at least 1,000 Russian troops were on the ground in Ukraine. Moscow insisted none of its soldiers were on Ukrainian soil.
Trading volumes were thin, with just 479 million shares changing hands at the NYSE floor, the lowest tally of the year, according to Briefing.com.
"The lack of activity reflected the preference to stick to the sidelines ahead of a three-day weekend that could bring new developments on the geopolitical front," it said.
The Ukraine tensions cast a cloud on positive economic news. The Commerce Department said the US economy expanded at a 4.2 percent annual rate in the second quarter, revising upward its 4.0 percent July estimate.
New claims for unemployment insurance benefits, a sign of the pace of layoffs, improved, and pending home sales climbed in July to their highest level in almost a year.
Dow component JPMorgan Chase dropped 0.7 percent. The largest US bank by assets said it was cooperating with the FBI in an investigation of a cyber-attack against several US financial institutions.
Credit-card company Visa was the largest decliner on the Dow, falling 1.2 percent.
GlaxoSmithKline gained 0.4 percent on reports its Ebola vaccine is being fast-tracked for human trials.
Nasdaq heavyweight Apple edged up 0.1 percent after sending out cryptic invitations to a September 9 event amid rumors the tech giant will unveil a new iPhone and perhaps a wearable device.
Dollar General rose 0.8 percent after reporting fiscal second quarter sales trended higher. The deep-discount store chain also confirmed its commitment to buy Family Dollar, which rejected its $9.7 billion offer last week. Family Dollar was flat.
Abercrombie & Fitch took a beating after the teen apparel chain reported second-quarter sales dropped six percent. Shares tanked 4.8 percent.
Bond prices traded higher. The yield on the 10-year US Treasury slid to 2.34 percent from 2.36 percent Wednesday, while the 30-year fell to 3.08 percent from 3.11 percent. Bond prices and yields move inversely.

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 ukraine tensions pull us stocks modestly lower Arab Today, arab today ukraine tensions pull us stocks modestly lower

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes

GMT 13:35 2017 Wednesday ,22 March

Oman shares fall taking cues from regional bourses

GMT 09:35 2017 Wednesday ,22 March

Bahrain Bourse daily performance

GMT 09:33 2017 Wednesday ,22 March

Alba approves US$80M cash dividend at AGM

GMT 02:24 2017 Wednesday ,22 March

US stocks dive over Trump agenda doubts

GMT 14:10 2017 Monday ,20 March

Bank Muscat trading pulls down Muscat index
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Haifa Wahby bets on her new drama show

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:38 2017 Friday ,24 March

Pass health bill Friday or he'll move on

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
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