Stocks were little changed in early trading Wednesday, keeping the Dow Jones industrial average above 15,000 a day after it closed above the landmark level for the first time. According to Ap, markets have rallied this year, bolstered by encouraging economic data, record corporate earnings and ongoing support from central banks. So far, stocks have defied expectations that a sell-off would follow the spring surge. Internet company AOL plunged $4.39, or 10.7 percent, to $36.97 after the company reported earnings that fell short of the forecasts of Wall Street analysts who follow the stock. Subscription revenue fell 9 percent. Freight transporter C.H. Robinson Worldwide fell $4.45, or 7.4 percent, to $57.01 after the company reported earnings that fell short of analysts' expectations. The company said its profit margins were being squeezed. Analysts at Citigroup cut their earnings forecast and price target for the stock, The Dow was down 10 points, or 0.1 percent, at 15,046 as of 10:21 a.m. (1421 GMT). The S&P 500 index was one point higher, or 0.1 percent, at 1,627. The Nasdaq composite gained seven points, or 0.2 percent, to 3,403. Most companies have now reported first-quarter earnings. Financial analysts predict that earnings for S&P 500 companies will end up rising 5.1 percent versus the same period a year ago, according to S&P Capital IQ. Although that's slower growth than the 7.7 percent growth of the previous quarter, earnings are expected to climb throughout the year
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 ©
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