Arab Today, arab today walmart results send us stocks back to record territory
Last Updated : GMT 15:44:22
Arab Today, arab today
Arab Today, arab today

Walmart results send US stocks back to record territory

Arab Today, arab today

Arab Today, arab today Walmart results send US stocks back to record territory

The Dow Jones Industrial Average
New York - AFP

US stocks opened back in record territory Thursday after Wednesday's pause, spurred by strong results from Walmart and Berkshire Hathaway's $4.7 billion takeover of Duracell.
About 30 minutes into trade, the Dow Jones Industrial Average was up 49.10 points (0.28 percent) to 17,661.30.
The broad-market S&P 500 added 4.04 (0.20 percent) to 2,042.29, while the tech-rich Nasdaq Composite added 20.56 (0.44 percent) at 4,695.70.
Warren Buffett's cash-laden investment house Berkshire said it would pay Procter & Gamble $4.7 billion worth of P&G shares to take over Duracell.
The company reportedly has 25 percent of the global battery market with $2 billion in annual sales.
As part of the deal, P&G is committed to inject $1.8 billion into Duracell to recapitalize it.
Berkshire B shares rose 0.3 percent to $146.01 in opening trade Thursday, while P&G lost 0.5 percent to $89.06.
Wal-Mart Stores shares surged 3.3 percent on forecast-beating third-quarter earnings. The huge retailer overcame a fall in US store traffic with price rises and strong gains in its small Neighborhood Market chain to turn in earnings per share of $1.15, three cents higher than analysts expected.
In major tech shares, Amazon and Apple were both up 1.2 percent.
Bond prices were lower. The yield on the 10-year US Treasury rose to 2.39 percent from 2.36 percent Wednesday, while the 30-year rose to 3.09 percent from 3.08 percent. Bond prices and yields move inversely.

 

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 walmart results send us stocks back to record territory Arab Today, arab today walmart results send us stocks back to record territory

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes

GMT 15:44 2017 Wednesday ,22 March

Bahrain Bourse daily trading report

GMT 13:35 2017 Wednesday ,22 March

Oman shares fall taking cues from regional bourses

GMT 09:35 2017 Wednesday ,22 March

Bahrain Bourse daily performance

GMT 09:33 2017 Wednesday ,22 March

Alba approves US$80M cash dividend at AGM

GMT 02:24 2017 Wednesday ,22 March

US stocks dive over Trump agenda doubts

GMT 14:10 2017 Monday ,20 March

Bank Muscat trading pulls down Muscat index
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Haifa Wahby bets on her new drama show

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 22:19 2017 Friday ,24 March

Reveals reasons of hepatitis in Algeria

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
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