us stocks eke out new records for fifth straight session
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

US stocks eke out new records for fifth straight session

Arab Today, arab today

Arab Today, arab today US stocks eke out new records for fifth straight session

Traders work on the floor of the New York Stock Exchange (NYSE)
New York - AFP

US stocks set fresh records for the fifth straight session Tuesday, but just barely, amid holiday-dampened trade.
The Dow Jones Industrial Average was up a scant 1.16 point (0.01 percent) at 17,614.90, and the broad-market Standard & Poor's 500 edged up 1.42 (0.07 percent) to 2,039.68.
Both the Dow and the S&P had scored records in the prior four sessions.
The tech-rich Nasdaq Composite outpaced the other major benchmarks, rising 8.94 (0.19 percent) to 4,660.56.
Volume was light on the Veterans Day holiday; the bond market was closed.
"The US equity markets, seemingly lacking a catalyst, traded in a relatively tight range around the flatline before ultimately closing with minimal gains," said Charles Schwab in a market note.
Health-related stocks were strong performers. On the Dow, UnitedHealth Group led the blue chips with a nearly one percent gain, followed close behind by Merck.
Financials were under pressure. Dow members JPMorgan Chase dropped 0.9 percent and American Express shed 0.7 percent.
Chinese e-commerce giant Alibaba reported $8 billion of goods were sold so far through its online payment arm Alipay in its first global Singles Day promotion on Tuesday, with more than three hours to go before the end of the promotion at midnight.
Shares in Alibaba, which completed the world's largest stock offering in September, tumbled 3.9 percent.
DR Horton, one of the largest US home builders, reported fiscal fourth-quarter earnings of $166.3 million that missed estimates, but higher revenues on stronger home prices. Shares jumped 2.2 percent.
Ford Motor advanced 2.6 percent after launching its new F-150 pickup truck, made with an aluminum alloy body and bed to improve fuel efficiency.
Zynga zoomed 10.9 percent after an upgrade from Jefferies. The social gaming company last week reported solid third-quarter earnings and strong growth in mobile bookings.

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*

us stocks eke out new records for fifth straight session us stocks eke out new records for fifth straight session

 



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*

us stocks eke out new records for fifth straight session us stocks eke out new records for fifth straight session

 



GMT 06:29 2017 Wednesday ,27 September

Dubai airport passenger traffic up 6.6% in August

GMT 08:24 2017 Tuesday ,28 March

Murray a doubt for Davis Cup with elbow injury

GMT 20:40 2017 Saturday ,11 February

Iraqi President meets British Defence Secretary

GMT 21:44 2017 Wednesday ,02 August

KeriKit appoints Good Results PR

GMT 17:42 2017 Friday ,14 April

Fifi Abdo is a guest of 'Lahoun We Bass'

GMT 04:16 2017 Saturday ,14 October

'We will never let these terrorists win': Cameron

GMT 14:02 2017 Saturday ,21 October

judged harshly because of success

GMT 08:35 2018 Friday ,05 January

Root falls short of elusive century

GMT 02:13 2017 Tuesday ,24 October

Feb20/Mar20

GMT 08:33 2017 Tuesday ,14 November

Italy miss out on World Cup as Sweden qualify
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

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday