Arab Today, arab today us stocks higher on upbeat job data
Last Updated : GMT 21:22:07
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.

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 Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 15:57 2017 Sunday ,26 February

Ooredoo Posts 4 Pct Increase in Net Profit in 2016

GMT 15:41 2017 Sunday ,26 February

Ooredoo Posts 4 Pct Increase in Net Profit in 2016

GMT 14:44 2017 Sunday ,26 February

Muscat shares fall on local selling

GMT 06:44 2017 Sunday ,26 February

Doubts grow over American stock market’s surge

GMT 06:26 2017 Sunday ,26 February

Copper recovers lost ground

GMT 15:53 2017 Saturday ,25 February

Bahrain Bourse daily trading report

GMT 14:28 2017 Saturday ,25 February

Gold hits 3.5-month high
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
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