Arab Today, arab today us stocks end higher as concerns about greece abate
Last Updated : GMT 21:46:51
Arab Today, arab today
Arab Today, arab today

US stocks end higher as concerns about Greece abate

Arab Today, arab today

Arab Today, arab today US stocks end higher as concerns about Greece abate

US stocks
New York - XINHUA

U.S. stocks rose mildly on Thursday, as the easing concerns about Greece boosted investor sentiment.
The Dow Jones Industrial Average added 56.22 points, or 0.31 percent, to 17,958.73. The S&P 500 gained 9.28 points, or 0.45 percent, to 2,091.18. The Nasdaq Composite Index was up 23.74 points, or 0.48 percent, to 4,974.56.
Greece repaid a loan installment worth 458 million euros (or 492 million U.S. dollars) to the International Monetary Fund on Thursday amidst ongoing efforts to reach a deal to unlock further vital international funding within the next fortnight.
The Eurogroup Working Group meeting in Brussels on Wednesday and Thursday this week examined the reform list to pave the way for a deal to be reached by the next Eurogroup meeting in Riga on April 24.
European shares posted solid gains Thursday with British benchmark FTSE 100 Index increasing 1.12 percent.
On the economic front, in the week ending April 4, the advance figure for seasonally adjusted initial jobless claims was 281,000, an increase of 14,000 from the previous week's revised level, but below market consensus of 285,000, according to U.S. Labor Department Thursday.
Meanwhile, investors were still mulling over the minutes of the Federal Reserve's March policy meeting released Wednesday afternoon. The minutes showed that Fed policymakers were divided over the timing of a rate hike.
Several Fed officials thought that the U.S. central bank would be able to raise interest rates in June, and the others believed a rate hike wouldn't be warranted until later in the year. Some investors believed the time of first rate hike would be postponed to the late of this year.
In corporate news, Alcoa unofficially kicked off the first- quarter earnings season after Wednesday's closing bell, as the Aluminum maker reported weaker-than-expected quarterly revenues.
The company said its net income for the first quarter of 2015 came out at 195 million U.S. dollars, or 0.14 dollar per share. Its shares dropped 3.37 percent to 13.21 dollars apiece on Thursday.
According to Thomson Reuters, the blended earnings in the first quarter of 2015 are expected to decline 2.7 percent year on year, while the revenue is forecast to decrease 2.6 percent. Excluding the energy sector, however, the earnings growth estimate is a 5.6- percent gain, with a revenue increase of 2.9 percent.

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 as concerns about greece abate Arab Today, arab today us stocks end higher as concerns about greece abate

 



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 as concerns about greece abate Arab Today, arab today us stocks end higher as concerns about greece abate

 



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 Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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