U.S. stocks opened almost flat on Friday, after data showed U.S. retail sales rose slightly better than expected last month.
U.S. retail and food services sales increased 0.3 percent in October, said the Commerce Department, beating market consensus of a 0.2-percent rise.
Moreover, the price index for U.S. imports decreased 1.3 percent in October, mostly led by falling fuel prices, while export prices declined 1.0 percent in October, the Labor Department reported.
U.S. stocks have been following the up-and-down pattern in intraday trading over the past few days, as investors are reassessing the valuation of stocks after the recent record-setting streak.
On Thursday, U.S. stocks eked out gains, with the Dow Jones Industrial Average setting all-time intraday and closing highs amid a batch of mixed earnings from major retailers.
Shortly after the opening bell, the blue-chip Dow lost 1.72 points, or 0.01 percent, to 17,651.07. The S&P 500 edged up 0.62 point, or 0.03 percent, to 2,039.95. The Nasdaq Composite Index dipped 1.32 points, or 0.03 percent, to 4,678.82.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor