Arab Today, arab today us stocks rally apple hits alltime high
Last Updated : GMT 05:49:29
Arab Today, arab today
Arab Today, arab today

US stocks rally, Apple hits all-time high

Arab Today, arab today

Arab Today, arab today US stocks rally, Apple hits all-time high

A sign for Wall Street
New York - AFP

Wall Street stocks rallied Tuesday, with tech giant Apple hitting an all-time high and investors applauding encouraging earnings from Coca-Cola and other upbeat company news.
The Dow Jones Industrial Average advanced 139.55 points (0.79 percent) to 17,868.76.
The broad-based S&P 500 gained 21.85 (1.07 percent) at 2,068.59, while the tech-rich Nasdaq Composite Index surged 61.63 (1.30 percent) to 4,787.64.
Apple, the largest US company by market capitalization, leaped to a record high close on the US tech giant's gains in the smartphone market, expansion of its mobile payments and its soon-to-arrive smartwatch.
Shares rose 1.9 percent to close at $122.02, lifting Apple's market value to $710 billion, the first company to hit the $700 billion milestone close.
JetBlue Airways announced it would be the first major domestic carrier in the US to accept Apple Pay, Apple's mobile payment tool, in-flight. JetBlue rose 2.1 percent.
First Solar jumped 4.8 percent after announcing that Apple agreed to commit $848 million for solar energy to power its data centers.
Dow member Coca-Cola rose 2.8 percent as fourth-quarter earnings translated into 44 cents per share, two cents above analyst estimates.
Starwood Hotels and Resorts added 6.6 percent as fourth-quarter earnings soared 82.8 percent to $234 million. Starwood also announced it would spin off its time-share business into a separate publicly traded company.
Chipmaker Qualcomm rose 4.7 percent following news it will settle an antitrust probe in China. Qualcomm will  pay $975 million and modify its business practices in the country. A note from Deutsche Bank said the agreement removes a major overhang from the stock.
General Motors added 4.2 percent as it disclosed that it received notice from a consortium of hedge funds seeking $8 billion in share repurchases. The shareholders also put forward Harry Wilson as a nominee to the GM board. GM said it would evaluate the candidacy of Wilson, who worked on the Obama administration's auto task force that helped with the automaker's bankruptcy restructuring.
Online listings and review site Yelp rose 5.9 percent after announcing it would acquire Eat24, an online food ordering service with access to about 20,000 restaurants across the US. The transaction is valued at $134 million.
Martin Marietta Materials, which sells concrete and other building materials, surged 15.2 percent as fourth-quarter earnings jumped 78 percent to $64 million.
Bond prices fell. The yield on the 10-year US Treasury advanced to 1.99 percent from 1.96 percent Monday, while the 30-year rose to 2.58 percent from 2.54 percent. Bond prices and yields 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 rally apple hits alltime high Arab Today, arab today us stocks rally apple hits alltime high

 



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 rally apple hits alltime high Arab Today, arab today us stocks rally apple hits alltime high

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today US travel restrictions are still 'Muslim ban'

GMT 00:54 2017 Tuesday ,26 September

US travel restrictions are still 'Muslim ban'
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel builds settlements 'at high rate'

GMT 01:04 2017 Tuesday ,26 September

Israel builds settlements 'at high rate'
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Personality study finds fish have hidden depths

GMT 00:43 2017 Tuesday ,26 September

Personality study finds fish have hidden depths
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Botanical gardens a lifeboat

GMT 02:50 2017 Tuesday ,26 September

Botanical gardens a lifeboat
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:02 2017 Sunday ,24 September

Harry visits mental health hospital

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer 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