Wall Street enters third day of gains as trade fears ease

11 Juillet, 2018, 07:04 | Auteur: Auguste Feret
  • Dow, S&P 500 post best days in more than a month; banks lead gains

US stocks rose on Monday, with bank stocks leading third day of gains in a row after strong U.S.jobs data from last week helped investors brush aside trade concerns.

Industrial, energy and consumer discretionary shares also rose sharply, while S&P utilities and telecommunications - among the market's recent outperformers - led percentage declines.

The S&P banks index climbed 2.7 percent, registering its biggest daily percentage gain since March 26. The S&P 500 gained 9.67 points, or 0.35 percent, to 2,793.84.

JPMorgan, Wells Fargo and Citigroup are scheduled to report results on Friday, kicking off the second-quarter earnings season in earnest.

Earnings for the second quarter are projected to rise 20 per cent or more compared with the year-ago period, thanks to a strong United States economy and the boon from last year's massive corporate tax cuts.

The United States and China engaged in tit-for-tat tariffs on Friday, both countries imposing duties worth $34 billion on each others' goods.

A Bank of America Merrill Lynch Global Research report showed earnings per share for S&P 500 companies for 2018 was revised higher amid better-than-expected first-quarter results, higher oil prices and stronger-than-expected US economic growth.

Mercato : Les détails de l'énorme transfert de Cristiano Ronaldo !
Au passage, le champion d'Italie en titre a confirmé la signature de Ronaldo pour les 4 prochaines années. Gareth Bale , l'attaquant madrilène s'est exprimé sur le transfert du quintuple Ballon d'Or .

European Union official criticizes Trump over attitude toward allies
European Union officials also say most tariffs on USA goods are already low to zero. Bush, and Barack Obama, did the same.

Seri va quitter le club — OGC Nice
Pour autant, aucun accord n'est jusqu'ici conclu entre les clubs allemand et français pour le buteur de 25 ans. Les noms de Chelsea, Naples et West Ham reviennent avec insistance.

Caterpillar rose 3.8 percent, providing the biggest boost to the Dow.

"Once we get past these talks, which we view as a negotiating tactic by the Trump administration, this sector will jump", she said on a conference call previewing earnings.

The Dow Jones Industrial Average rose 314.81 points, or 1.29 percent, to 24,771.29, the S&P 500 gained 21.07 points, or 0.76 percent, to 2,780.89 and the Nasdaq Composite added 50.40 points, or 0.66 percent, to 7,738.79.

Overall, S&P 500 companies are expected to post second-quarter profit growth of around 21 percent, slightly higher than what was forecast in April, according to Thomson Reuters data.

Twitter Inc sank after the Washington Post reported the social media company suspended more than 70 million fake accounts in May and June, which analysts said could be negative for user growth, but it pared losses after its CFO tweeted that most accounts Twitter removes are not included in reported metrics. The stock ended down 5.4 percent.

Advancing issues outnumbered declining ones on the NYSE by a 1.77-to-1 ratio; on Nasdaq, a 1.65-to-1 ratio favored advancers.

US -listed shares of Chinese companies Alibaba, JD.com and Baidu climbed after KeyBanc recommendations on the stocks.

Conseillé:



Populaire

Woolies, Aldi and IGA recall frozen vegetables over deadly listeria fears
He said cooking the vegetables should kill the bacteria, but warned against eating undefrosted or undercooked frozen vegetables. Woolworths has recalled its Savory Rice Mix product after one of its suppliers was identified as a likely source of Listeria.

The HBO 'Game of Thrones' prequel will start filming this year
The series will begin filming in in Belfast, though it could incorporate other locations, as Thrones is now famous for doing. Of course, this is just the pilot; it may never be ordered to series or be entirely reworked after filming.

Coming through adversity has united England squad - Stones
The country has been one of the major influencers on the arts, boasting authors such as Albert Camus and Victor Hugo. They won the World Cup they last hosted in 1998, beating Brazil 3-0. "A bet's a bet", he tweeted as the goal went in.

Les 12 enfants et leur entraîneur évacués de la grotte — Thaïlande
Selon le ministre de l'intérieur, Anupong Paojinda, ils sont en bonne santé . Et ils portent des lunette de soleil le temps de s'accoutumer au jour .

Kylian Mbappé "ne va pas se contenter de ça" — Didier Deschamps
Cela aurait empêché Mbappé de jouer la demi-finale alors qu'il est un des grands atouts des Bleus . Je ressens beaucoup de fierté par rapport à mon groupe.

Les principaux points de désaccords du gouvernement britannique — Brexit
Ce ne sera pas une mince affaire pour les partisans de Boris Johnson . L'avenir politique de Theresa May reste aussi en suspens .

Deuxième jour d'évacuation des enfants coincés dans une grotte — Thaïlande
Les adolescents devront néanmoins subir divers examens médicaux avant de pouvoir rentrer chez eux et retrouver leur famille. Le drame passionnait aussi à l'étranger - les médias internationaux avaient envoyé des centaines de journalistes sur place.

CM 2018 - Scènes de liesse sur les Champs-Elysées
Les gens sautent dans tous les sens, se prenant dans les bras, les couples s'embrassant debout sur les tables de cafés. La foule a dû se résigner à se rendre dans les bars aux alentours pour regarder la rencontre.

Bientôt un vaccin contre le virus VIH?
Les cobayes ont reçu différentes versions du vaccin ou un placebo à raison de quatre injections en 48 semaines. Selon l'Organisation mondiale de la santé, près de 37 millions de personnes vivent avec le VIH ou le Sida.

Chris set to become hurricane, Beryl poses flood threat to Puerto Rico
Chris was forecasted to begin weakening by Thursday, and become a strong post-tropical cyclone by Thursday night or early Friday. Tropical Storm Chris is shown off the eastern coast of North and SC , U.S., in this satellite image July 9, 2018 at 16:12 UTC.