U.S. stock indexes rebounded Friday with reports from Nike and Tiffany boosting confidence despite uncertainty over a bailout for Cyprus. Nike reported higher-than expected fourth quarter sales. Earnings at Tiffany beat expectations and the luxury jeweler projected rising revenue for 2013, The Wall Street Journal reported. Nike shares rose 11 percent, while Tiffany gained 3.7 percent in early trading. The reports overshadowed worries that Cyprus wouldn't meet the Monday deadline imposed by the European Central Bank for Cyprus to work out a deal to secure a $13 billion international loan to keep its banks in business. In midmorning trading Friday, the Dow Jones industrial average gained 84.09 points, or 0.58 percent, to 14,505.58. The Nasdaq added 15.94 points, or 0.49 percent, to 3,238.54. The Standard and Poor's 500 gained 9.46 points, or 0.57 percent, to 1,554.57. Ten-year U.S. treasury bonds fell 7/32 to yield 1.942 percent. Against the dollar, the euro was at $1.2987 from Thursday's $1.2899. Against the yen, the dollar was higher at 94.93 yen from 94.91 yen. In Tokyo, the Nikkei 225 index shed 2.35 percent, 297.16 points, to 12,338.53.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor