Arab Today, arab today us stocks lifted by apple gm
Last Updated : GMT 06:51:35
Arab Today, arab today
Arab Today, arab today

US stocks lifted by Apple, GM

Arab Today, arab today

Arab Today, arab today US stocks lifted by Apple, GM

A sign for Wall Street
New York - AFP

Wall Street stocks notched solid gains Monday following the launch of Apple's smartwatch and a General Motors announcement of $5 billion in share buybacks.
The Dow Jones Industrial Average rose 138.94 points (0.78 percent) to 17,995.72.
The broad-based S&P 500 gained 8.17 (0.39 percent) at 2,079.43, while the tech-rich Nasdaq Composite Index advanced 15.07 (0.31 percent) to 4,942.44.
Apple rose 0.4 percent after the tech giant launched the Apple Watch, a high-end smartwatch that allows users to make and receive calls and messages and track health and fitness.
GM advanced 3.1 percent after announcing that activist investor Harry Wilson agreed to drop his bid to join the board of directors in exchange for the $5 billion share repurchase program.
The indices' gains helped offset sharp losses Friday after a strong US jobs report lifted speculation the Federal Reserve will more quickly raise benchmark interest rates from zero, where they have been pegged since December 2008.
Macerich, which owns and operates shopping malls in the western US, jumped 7.0 percent after receiving an unsolicited bid from mall giant Simon Property worth $22.4 billion, including debt.  
Macerich, which refused to negotiate with Simon previously, confirmed it had received the proposal and would review it. Simon slipped 0.1 percent.
Whiting Petroleum, a big player in the Bakken shale formation in North Dakota, leaped 10.8 percent on reports it hired bankers to represent the company with prospective buyers.
Valeant Pharmaceuticals International rose 3.0 percent on news that activist Bill Ackman's fund, Pershing Square Capital, took a 4.9 percent stake in the company.
Yahoo fell 1.0 percent as activist Starboard Value called on the tech company to take steps to address a "bloated" cost structure, including spinning off its Japan business.
Bond prices rose. The yield on the 10-year US Treasury fell to 2.19 percent from 2.23 percent Friday, while the 30-year dropped to 2.20 percent from 2.83 percent. Bond yields and prices 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 lifted by apple gm Arab Today, arab today us stocks lifted by apple gm

 



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 lifted by apple gm Arab Today, arab today us stocks lifted by apple gm

 



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