Arab Today, arab today us market roller coaster closes lower
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

US Market roller coaster closes lower

Arab Today, arab today

Arab Today, arab today US Market roller coaster closes lower

New York - UPI

U.S. markets went through another dramatic mood swing Wednesday, this one dropping stocks sharply after two days of triple-digit adjustments. The Dow Jones industrial average and the Standard & Poor\'s 500 index both closed at record highs Thursday. Since then, they closed slightly lower Friday and took a plunge Monday. On Tuesday they recovered more than half of Monday\'s losses. But those gains disappeared Wednesday as corporate reports from Bank of America and Intel fell short of expectations, although Intel\'s miss was slight and its stock recovered by the close of trading. Intel was up 0.1 percent on the day. Bank of America dropped 4.7 percent. JPMorgan Chase & Co., lost 3.51 percent and Hewlett-Packard Co. fell 2.57 percent. They were not alone. On the DJIA, 26 of 30 companies slipped. The DJIA closed off 138.19 points or 0.94 percent to 14,618.59. The S&P 500 shed 22.56 points or 1.43 percent to 1,552.01. The Nasdaq index of tech-dominated stock lost 59.96 points or 1.84 percent to 3,204.67. On the New York Stock Exchange, 678 stocks advanced and 2,395 declined on a volume of 4.2 billion shares traded. Gold dropped $9.80 Wednesday to $1,377.40 per troy ounce on the Comex division of the New York Mercantile Exchange. NYMEX West Texas Intermediate crude oil closed at $86.42 per barrel, down $2.30. The 10-year U.S. treasury note rose 7/32 to yield 1.702 percent. Against the dollar, the euro was lower at $1.3034 from Tuesday\'s $1.3177. Against the yen, the dollar rose to 98.22 yen from 97.55 yen. The dollar index, a prorated measure of the dollar against six major currencies, rose 1 percent to 82.65 on the International Exchange. Markets were mixed in Asia and down in Europe. The Nikkei 225 in Japan added 1.22 percent or 161.45 points to 13,382.89. The FTSE 100 index in Britain dropped 0.96 percent or 60.37 points to 6,244.21. On the Chicago Board of Trade, corn for May delivery shed 4.5 cents to $6.59 per bushel. May soybeans gained 9.25 cents to $14.21 and wheat gave up 0.25 cents to $7.0725.

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 us market roller coaster closes lower Arab Today, arab today us market roller coaster closes lower

 



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 us market roller coaster closes lower Arab Today, arab today us market roller coaster closes lower

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
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