Arab Today, arab today us stocks open mixed after bank earnings
Last Updated : GMT 05:12:05
Arab Today, arab today
Arab Today, arab today

US stocks open mixed after bank earnings

Arab Today, arab today

Arab Today, arab today US stocks open mixed after bank earnings

US stocks market
New York - XINHUA

U.S. stocks opened mixed Friday as investors are digesting Wells Fargo's second-quarter results released before the opening bell.
Wells Fargo, the largest U.S. mortgage lender, reported net income of 5.7 billion U.S. dollars, or 1.01 dollars per diluted common share, on revenue of 21.1 billion dollars for the second quarter of 2014.
The bank's quarterly revenue topped market expectations and per-share earnings meet forecast. Its shares, however, fell 1.29 percent to trade at 51.14 in early trading, as investors remained cautious ahead of a slew of earnings reports next week.
Latest data from Thomson Reuters I/B/E/S showed that 5 percent of the S&P 500 companies have reported second-quarter results, among which 55.6 percent have reported earnings above analysts' expectations and 66.7 percent above revenue forecast.
The three major stock indices are on track to wrap up the week with losses following a record run of the Dow Jones Industrial Average and the S&P 500 the previous week which pushed the blue-chip index above the 17,000 market for the first time.
Shortly after the opening bell, the Dow lost 23.83 points, or 0.14 percent, to 16,891.24. The S&P 500 fell 2.01 points, or 0.10 percent, to 1,962.67. The Nasdaq Composite Index added 3.82 points, or 0.09 percent, to 4,400.02.

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 open mixed after bank earnings Arab Today, arab today us stocks open mixed after bank earnings

 



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 open mixed after bank earnings Arab Today, arab today us stocks open mixed after bank earnings

 



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 How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?

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