Arab Today, arab today us stocks end higher after choppy session
Last Updated : GMT 10:36:23
Arab Today, arab today
Arab Today, arab today

US stocks end higher after choppy session

Arab Today, arab today

Arab Today, arab today US stocks end higher after choppy session

Dow Jones Industrial Average
New York - AFP

US stocks finished higher Friday following a choppy session as investors looked ahead to next week's Federal Reserve policy meeting.

The Dow Jones Industrial Average advanced 102.69 points (0.63 percent) to 16,433.09.

The broad-based S&P 500 gained 8.76 (0.45 percent) to 1,961.05, while the tech-rich Nasdaq Composite Index rose 26.09 (0.54 percent) to 4,822.34.

"It's just traders squaring positions before the weekend," said Alan Skrainka, chief investment officer at Cornerstone Wealth Management. "All eyes will be on the Fed next week."

The Fed on Wednesday will kick off a two-day monetary policy meeting to weigh the first rate hike in over nine years. Some analysts see lower odds for a September increase given the volatility in global markets.

Among Dow companies, large gainers included Apple (+1.5 percent), Disney (+1.8 percent) and McDonald's (+2.3 percent).

Yahoo climbed 0.9 percent on news that chief marketing officer Kathy Savitt will leave for a post at television and film industry studio STX Entertainment.

Some petroleum-linked stocks fell on the latest drop in oil prices. Apache and Weatherford International both shed 1.6 percent, while ConocoPhillips lost 2.2 percent.

Chipmaker Marvell Technology Group sank 16.2 percent as it disclosed that its audit committee had initiated an independent investigation of the company's accounting and internal controls. As a result, the company delayed release of its second-quarter financial statements.

Supermarket chain Kroger jumped 5.3 percent as it lifted its 2015 profit forecast range from $1.90-$1.95 per share to $1.92-$1.98 per share.

Bond prices rose. The yield on the 10-year US Treasury fell to 2.19 percent from 2.23 percent Thursday, while the 30-year dropped to 2.95 percent from 2.99 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 end higher after choppy session Arab Today, arab today us stocks end higher after choppy session

 



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 stocks end higher after choppy session Arab Today, arab today us stocks end higher after choppy session

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
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
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel 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