Arab Today, arab today us stocks narrowly fluctuate after recordsetting rally
Last Updated : GMT 08:44:49
Arab Today, arab today
Arab Today, arab today

US stocks narrowly fluctuate after record-setting rally

Arab Today, arab today

Arab Today, arab today US stocks narrowly fluctuate after record-setting rally

US stocks
New York - XINHUA

U.S. stocks swung in a tight range in the morning session on Monday as investors took a breather after the market witnessed a record rally last Friday.
With significant rebounds from the October bottom, major stock indices finished October in positive territory Friday, with the blue-chip Dow Jones Industrial Average and the benchmark S&P 500 back to record highs.
Following the record run, the Dow and the S&P 500 briefly touched new record intraday highs minutes after the opening bell before posting a slightly volatile morning trading session.
While digesting a string of manufacturing data from the United States and abroad to assess the health of the global economy, investors are also keeping a close eye on Tuesday's midterm election outcome which might spell some uncertainties to the market.
The U.S. manufacturing sector activity grew at a slower pace in October, with the seasonally adjusted final Markit U.S. Manufacturing Purchasing Mangers' Index (PMI) slipping from 57.5 in September to 55.9, the slowest overall improvement in business conditions for three months, according to financial data firm Markit.
Other data from Markit showed that the eurozone manufacturing sector remained in a state of near-stagnation in October. The final seasonally adjusted Markit Eurozone Manufacturing PMI edged up slightly to 50.6 in October from September's 14-month low of 50. 3, only marginally above the neutral 50.0 mark, which divides expansion from contraction.
Meanwhile, the HSBC China manufacturing PMI was posted at 50.4 in October, unchanged from the earlier flash reading and was up slightly from 50.2 in September, suggesting fractional improvement of operating conditions.
On corporate earnings, so far 73 percent of the S&P 500 companies, or 366 companies, have reported earnings for the third quarter, among which 75.4 percent have topped expectations on earnings, while 58.0 percent have surpassed estimates on revenues, according to Thomson Reuters I/B/E/S.
At midday, the Dow ticked down 27.19 points, or 0.16 percent, to 17,363.33. The S&P 500 added 1.91 points, or 0.09 percent, to 2, 019.96. The Nasdaq Composite Index rose 16.37 points, or 0.35 percent, to 4,647.11.

 

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 narrowly fluctuate after recordsetting rally Arab Today, arab today us stocks narrowly fluctuate after recordsetting rally

 



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 narrowly fluctuate after recordsetting rally Arab Today, arab today us stocks narrowly fluctuate after recordsetting rally

 



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

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
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