Arab Today, arab today us stocks dip as market digests labor data iraq news
Last Updated : GMT 22:15:37
Arab Today, arab today
Arab Today, arab today

US stocks dip as market digests labor data, Iraq news

Arab Today, arab today

Arab Today, arab today US stocks dip as market digests labor data, Iraq news

Traders work the floor of the New York Stock Exchange
New York - AFP

 Wall Street stocks Thursday edged lower in early trade as investors digested a solid report on US jobless claims but kept watch on worsening turmoil in Iraq.
About 35 minutes into trade, the Dow Jones Industrial Average dipped 5.17 points (0.03 percent) to 16,901.45.
The broad-based S&P 500 edged down 0.10 of a point (0.01 percent) to 1,957.82, while the tech-rich Nasdaq Composite Index fell 5.07 (0.12 percent) to 4,357.77.
The Labor Department reported that initial jobless claims fell by 6,000 to 312,000 in the week ending June 14, slightly better than the 313,000 analyst estimate.
The four-week moving average, which smoothes weekly volatility, was 311,750, compared with a revised 315,500 the prior week and 346,500 a year ago.
The report is the latest bit of data to show steady, if unspectacular, US economic growth. At the same time, investors are eyeing rising violence in Iraq that has lifted oil prices to nine-month highs.
On Thursday, US officials warned Iraqi Prime Minister Nuri al-Maliki against "sectarian" policies as President Barack Obama weighed calls for air strikes on Sunni insurgents bearing down on Baghdad.
Supermarket company Kroger jumped 5.9 percent as it raised its profit forecast for 2014 from $3.14-$3.25 per share to $3.19-$3.27 per share.
Canadian smartphone maker BlackBerry shot up 12.9 percent as it reported fiscal first-quarter profit of $23 million compared with a loss of $84 million in the year-ago period.
Clothing retailer American Apparel jumped 8.0 percent after it ousted founder and chief executive Dov Charney and named as interim chief John Luttrell, currently the chief financial officer.
Red Hat, an open-source software developer, rose 4.9 percent after reporting first-quarter revenue rose 17 percent from the year-ago period. The company said it counts 94 percent of the Fortune 500 companies as customers.
Bond prices rose. The yield on the 10-year US Treasury declined to 2.57 percent from 2.61 percent Wednesday, while the 30-year fell to 3.40 percent from 3.42 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 us stocks dip as market digests labor data iraq news Arab Today, arab today us stocks dip as market digests labor data iraq news

 



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 stocks dip as market digests labor data iraq news Arab Today, arab today us stocks dip as market digests labor data iraq news

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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