U.S. stocks closed mostly unchanged Thursday, as investors digested the latest economic data and awaited the government’s key jobs report Friday. In U.S. economic news, the Labor Department said that the number of people filing jobless claims for the first time last week fell to 330,000, a drop of 15,000 compared to the previous week and better than what economists were predicting. On Friday, the government will release its all-important December jobs report. In international economic news, most major European and Asian markets posted losses. In corporate news, Macy’s shares surged over 7 percent after the department store operator revealed cost-cutting plans late Wednesday that included laying off 2,500 workers and closing five stores. Bed Bath & Beyond tumbled more than 12 percent after the retailer reported quarterly earnings that missed estimates and was downgraded by an analyst at Credit Suisse. Airline stocks took off, with United Continental Holdings soaring almost 7 percent after reporting an increase in a key revenue metric for December. Delta rose over 4 percent and hit an all-time high. The dollar gained ground against the pound, but lost ground versus the euro and the yen. Light sweet crude oil for February delivery dropped 67 cents to $91.66 a barrel on the New York Mercantile Exchange. Gold futures added $3.90 to $1,229.40. The Dow Jones industrial average lost 17.98, or 0.11 percent, to 16,444.76. The broader Standard & Poor’s 500 index rose 0.64, or 0.03 percent, to 1,838.13. The technology-heavy Nasdaq composite index fell 9.42, or 0.23 percent, to 4,156.19.
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