Arab Today, arab today wall street mixed following sp 500\s first advance in 2014
Last Updated : GMT 12:21:06
Arab Today, arab today
Arab Today, arab today

Wall Street mixed following S&P 500\'s first advance in 2014

Arab Today, arab today

Arab Today, arab today Wall Street mixed following S&P 500\'s first advance in 2014

New York - XINHUA

US stocks traded mixed Wednesday, after the S&P 500 closed higher for the first time in the New Year, as investors turned cautious ahead of the release of minutes from the U.S. Federal Reserve. In midday trading, the Dow Jones Industrial Average lost 53.59 points, or 0.32 percent, to 16,477.35. The S&P 500 inched up 1.22 points, or 0.07 percent, to 1,839.10. The Nasdaq Composite Index added 17.67 points, or 0.43 percent, to 4,170.85. The market was struggling for direction, as investors were reluctant to take more risks ahead of the release of the Fed's minutes of its December Federal Open Market Committee meeting on Wednesday afternoon. Following the meeting, the Fed announced the first tapering of its massive asset purchases by 10 billion U.S. dollars starting in January. On the economic front, U.S. private-sector added 238,000 jobs last December, surpassing November as the strongest month for job growth in 2013, according to a report published by private payroll processor ADP. The fresh figure also beat analysts' expectations of an increase of 200,000. "The increase in December payrolls was a high for the year, pointing to a strong employment report on Friday," said Jay Morelock, an economist at FTN Financial, in a research note Wednesday. However, the major indices reacted little to the better-than- expected private jobs data, as investors considered it a mixed news, in accordance with the pledge by the U.S. central bank that its tapering pace of monetary stimulus would be data dependent. After the private jobs report, the market will be turning their focus to the U.S. Labor Department's December non-farm payroll report due out Friday.

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 mixed following sp 500\s first advance in 2014 Arab Today, arab today wall street mixed following sp 500\s first advance in 2014

 



Arab Today, arab today

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 mixed following sp 500\s first advance in 2014 Arab Today, arab today wall street mixed following sp 500\s first advance in 2014

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
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