US stocks finished higher Friday following a choppy day of trade as investors weighed some solid retail earnings reports with mixed economic data. At the closing bell, the Dow Jones Industrial Average advanced 46.05 points (0.28 percent) to 16,492.86. The broad-based S&P 500 added 7.05 (0.38 percent) at 1,877.90, while the tech-rich Nasdaq Composite Index rose 21.30 (0.52 percent) to 4,090.59. Mace Blicksilver, director of Marblehead Asset Management, said better-than-expected earnings from retailers Nordstrom and J.C. Penney boosted sentiment. Yet Blicksilver noted all three stock indices were in negative territory for much of the day until a rally lifted the market about an hour before closing. "It's a very mixed kind of tape," he said. The Commerce Department said that overall housing starts rose 13.2 percent in April from March. However, most of the gains were in the often-volatile multi-family units, while the rise in the economically more important single-family home sector was weak.
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