Arab Today, arab today us stocks narrowly mixed amid greek deadlock
Last Updated : GMT 06:51:55
Arab Today, arab today
Arab Today, arab today

U.S. stocks narrowly mixed amid Greek deadlock

Arab Today, arab today

Arab Today, arab today U.S. stocks narrowly mixed amid Greek deadlock

New York - Xinhua

U.S. stocks ended narrowly mixed on Tuesday amid concerns about the European debt crisis and mixed U.S. corporate earnings. The Dow Jones Industrial Average lost 33.07 points, or 0.26 percent, to 12,675.75. The Standard & Poor\'s 500 Index dipped 1.37 points, or 0.10 percent, to 1,314.63. The Nasdaq Composite Index added 2.47 points, or 0.09 percent, to 2,786.64. Investors were disappointed that talks between Greece and its private bondholders to write down the country\'s debt by 100 billion euros have yet to result in a final agreement as negotiations stalled over the weekend. Meanwhile, European Union financial ministers on Tuesday rejected the proposals by private Greek debt holders of a 65 to 70 percent write-down of the country\'s debt. The news added to concerns about the European debt crisis. Adding to pressures, Christine Lagarde, managing director of International Monetary Fund (IMF), said the organization needed an additional 500 billion U.S. dollars to help resolve the European debt crisis. However, the source of the money remained unclear. Some key companies reported earnings on Tuesday, but the results turned out to be mixed. Fast food giant McDonald\'s dropped more than 2 percent after the company said its fourth-quarter profit climbed 11 percent but projected that 2012 earnings per share may be impacted 16 cents to 18 cents on foreign currency translation, primarily driven by a weaker euro. The Travelers Companies, another Dow component reporting earnings on Tuesday, tumbled more than 3.5 percent, after the insurance company posted earnings that missed market expectations. Both Apple and Yahoo will announce its fourth-quarter warnings after the market closes, which may help set the tone for Wednesday \'s trading.  

arabstoday
arabstoday

GMT 21:25 2017 Wednesday ,24 May

Egypt bourse rebounds at beginning of trading

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

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%
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
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 mixed amid greek deadlock Arab Today, arab today us stocks narrowly mixed amid greek deadlock

 



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 mixed amid greek deadlock Arab Today, arab today us stocks narrowly mixed amid greek deadlock

 



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 Sally Shaheen considers hosting a political show

GMT 21:25 2017 Wednesday ,24 May

Egypt bourse rebounds at beginning of trading

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

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%
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