Arab Today, arab today wall street little changed amid concerns about ukraine
Last Updated : GMT 02:13:58
Arab Today, arab today
Arab Today, arab today

Wall Street little changed amid concerns about Ukraine

Arab Today, arab today

Arab Today, arab today Wall Street little changed amid concerns about Ukraine

New York - XINHUA

U.S. stocks pared earlier losses to end narrowly mixed Wednesday, as investors were troubled by lingering concerns about Ukraine. The Dow Jones Industrial Average inched down 11.17 points, or 0. 07 percent, to 16,340.08. The S&P 500 rose 0.57 point, or 0.03 percent, to 1,868.20. The Nasdaq Composite Index added 16.15 points, or 0.37 percent, to 4,323.33. The tech-rich Nasdaq snapped a four-day losing streak while the blue-chip Dow dropped for three consecutive days. U.S. President Barack Obama said Wednesday in his meeting with Ukraine's new Prime Minister Arseniy Yatsenyuk in Washington that they will "stand with Ukraine and consider Russian incursion into Crimea against the law". European Union reportedly approved a framework of sanctions on Russia, including travel restrictions and asset freezes, after the parliament of Ukraine's autonomous republic of Crimea adopted on Tuesday a declaration of independence, which specifies that Crimea will become independent if its residents vote in favor of splitting from Kiev to join Moscow in Sunday's referendum. In the past two days, Wall Street had staged a slight pullback, with the benchmark S&P 500 halting its record run seen last week, as investors were reluctant to increase exposure to risky stocks amid ongoing uncertainties in Ukraine. However, the market recouped part of earlier losses, ending near session highs, as traders were still optimistic with the U.S. equity market overall. The economic calendar was light Wednesday, providing little direction to stocks. U.S. mortgage applications last week slid 2.1 percent on a seasonally adjusted basis, said the Mortgage Bankers Association. In corporate news, shares of Fannie Mae and Freddie Mac extended their steep dives, tumbling 12.16 percent and 16.83 percent, respectively, one day after the release of a Senate proposal to phase out financiers of the government-owned mortgage. The CBOE Volatility Index, widely considered as a fear gauge of the market, dipped 2.23 percent to end at 14.47. In other markets, the U.S. dollar continued falling against most major currencies on Wednesday amid concerns over Ukraine and China's economy. The greenback fell versus the yen and Swiss franc for a second day as demand for safe-haven assets expanded. In late New York trading, the euro rose to 1.3903 dollars from 1.3871 dollars in the previous session. The dollar bought 102.69 Japanese yen, lower than 102.90 yen of the previous session. Oil prices fell as U.S. crude inventories climbed more than expected last week. U.S. crude inventories gained 6.2 million barrels last week, according to the Energy Information Administration report Wednesday, beating market expectation of 2 million barrels. Light, sweet crude for April delivery moved down 2.04 dollars to settle at 97.99 dollars a barrel on the New York Mercantile Exchange, while Brent crude for April delivery lost 53 cents to close at 108.02 dollars a barrel. Gold futures on the COMEX division of the New York Mercantile Exchange Wednesday closed at the highest level since Sept. 9 due to worries over Ukraine. The most active gold contract for April delivery rose 23.8 dollars, or 1.77 percent, to settle at 1,370.5 dollars per ounce.

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 wall street little changed amid concerns about ukraine Arab Today, arab today wall street little changed amid concerns about ukraine

 



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 wall street little changed amid concerns about ukraine Arab Today, arab today wall street little changed amid concerns about ukraine

 



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 A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
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 sees benefits in independent Kurdistan

GMT 07:58 2017 Wednesday ,20 September

Israel sees benefits in independent Kurdistan
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
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 Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
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 Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
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 Horia Farghaly happy for success of “Case G”

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers

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 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 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