Arab Today, arab today us stocks rise on ukraine deal cisco earnings
Last Updated : GMT 04:26:04
Arab Today, arab today
Arab Today, arab today

US stocks rise on Ukraine deal, Cisco earnings

Arab Today, arab today

Arab Today, arab today US stocks rise on Ukraine deal, Cisco earnings

US stocks posted solid gains Thursday
New York - AFP

US stocks posted solid gains Thursday, rallying on news of a ceasefire in Ukraine as strong earnings from Cisco lifted the technology sector.
The Dow Jones Industrial Average advanced 110.24 points (0.62 percent) to 17,972.38.
The broad-based S&P 500 jumped 19.95 (0.96 percent) to 2,088.48, while the tech-rich Nasdaq Composite Index surged 56.43 (1.18 percent) to 4,857.61.
The US gains followed a strong day for European equities after the announcement of a peace roadmap between Kiev and pro-Russian rebels. Still Ukrainian President Petro Poroshenko and others cautioned that implementing the agreement would not be easy.
Dow component Cisco jumped 9.4 percent after reporting that second-quarter earnings surged 68 percent to $2.24 billion. Other tech names to rise included Apple (+1.2 percent) and Google (+1.3 percent).
The gains came despite data showing US retail sales fell 0.8 percent in January and that unemployment claims rose last week above the 300,000 line.
Large banks advanced, with Dow component JPMorgan Chase rising 2.1 percent and Citigroup tacking on 2.4 percent. Oil giant ExxonMobil rose 2.0 percent and oil-services titan  Schlumberger advanced 1.5 percent as crude prices rose.  
Online travel company Expedia jumped 14.5 percent on news it will buy rival Orbitz Worldwide for about $1.6 billion in a move that further consolidates the sector. Orbitz bolted 21.8 percent higher.
TripAdvisor, another online travel site, jumped 22.5 percent after reporting an 80 percent rise in fourth-quarter net income to $36 million.
Priceline, another online travel site, gained 3.0 percent.
Dow component American Express sank 6.4 percent on news its venture to provide exclusive credit cards at Costco Wholesale stores would end in March 2016. American Express sought to extend the venture, but said it was "unable to reach terms that would have made economic sense for our Company and shareholders." Costco rose 0.2 percent.
Electric-car maker Tesla Motors fell 4.6 percent as it reported a fourth-quarter loss of $107.6 million, compared with a loss of $16.3 million a year ago. The results were dragged down by delays in auto deliveries.
Cybersecurity firm FireEye jumped 11.0 percent as it projected 2015 sales of $600-$625 million, compared with $425.7 million in 2014.
Bond prices were mixed. The yield on the 10-year US Treasury fell to 1.99 percent from 2.00 percent Wednesday, while the 30-year held steady at 2.57 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 rise on ukraine deal cisco earnings Arab Today, arab today us stocks rise on ukraine deal cisco earnings

 



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 rise on ukraine deal cisco earnings Arab Today, arab today us stocks rise on ukraine deal cisco earnings

 



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 Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
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 600,000 children may flee to Bangladesh

GMT 06:49 2017 Monday ,18 September

600,000 children may flee to Bangladesh
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
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 Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 14:33 2017 Monday ,18 September

Cholera Cases Could Hit 850,000

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

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