Arab Today, arab today us stocks higher on upbeat job data
Last Updated : GMT 11:00:35
Arab Today, arab today
Arab Today, arab today

U.S. stocks higher on upbeat job data

Arab Today, arab today

Arab Today, arab today U.S. stocks higher on upbeat job data

New York - Xinhua

U.S. stocks rose on Thursday as fewer than expected people applied for jobless claims. All the three major indexes rose slightly. The Dow Jones industrial average gained 45.33 points, or 0.38 percent, to 11,868. 81. The Standard & Poor\'s 500 rose 3.93 points, or 0.32 percent, to 1,215.75. The Nasdaq Composite Index inched up 1.70 points, or 0.07 percent, to 2,541.01. Investors now shifted their focus from euro zone drama to U.S. economic data for a while. The Labor Department said Thursday that initial claims for state unemployment benefits declined 19,000 to a seasonally adjusted 366,000, the lowest level since May 2008. A separate report by the agency said the producer price index rose 0.3 percent last month, which was below previous estimation and eased inflation concerns. Also lifting sentiment, the Federal Reserve Bank of Philadelphia\'s gauge of mid-Atlantic manufacturing activity rose to 10.3 in December, much stronger than estimates. Meanwhile, the National Retail Federation said holiday sales were expected to gain 3.8 percent to a record 469.1 billion dollars. Investors now hoped that the relevant economic data will be boosted by the holiday season. Investors, however, still remained cautious about the future economy as eurozone crisis was looming ahead. European Central Bank chief Mario Draghi said on Thursday that euro zone governments are on the right track to restore market confidence. International Monetary Fund chief Christine Lagarde also said the organization would seek aid from countries outside the eurozone to help with the region\'s debt crisis and warned that the world economic outlook is \"gloomy\". The dollar declined as market sentiment turned positive. The dollar index lost 0.38 percent to 80.29 on Thursday. Crude prices continued to decline on Thursday as U.S. industrial production dropped for the first time in seven months, worse than expectation and concerns over European debt crisis lingered. Light, sweet crude for January delivery slipped 1.08 dollars, or 1.38 percent to settle at 93.87 dollars a barrel on the New York Mercantile Exchange. In London, Brent crude for January delivery also dropped and last traded around 103 dollars a barrel.

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 higher on upbeat job data Arab Today, arab today us stocks higher on upbeat job data

 



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 higher on upbeat job data Arab Today, arab today us stocks higher on upbeat job data

 



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 unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
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 Iran tests new medium-range missile

GMT 21:24 2017 Saturday ,23 September

Iran tests new medium-range missile
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
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 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
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 Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
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 Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 08:39 2017 Friday ,22 September

New Hurdles as Republicans Rush

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

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