S&P 500 gains with energy, tech but ends near day's low

24 Novembre, 2018, 04:38 | Auteur: Auguste Feret
  • Global stocks slide as futures point to Wall Street drop

The market's losses mount as a long period of low interest rates comes to a close, as the USA central bank pushes rates higher in an attempt to get them back to more normal levels. "A lot of the companies that are front and centre (like) Alphabet, Apple, IBM ... could be significantly limited in the way they export their technology". The S&P 500 finished 1.8 percent lower, pushing it into negative territory for the year.

Facebook shares, which have sold off sharply in recent days, actually rose a half of a percentage point in the first hour of trading. The Nasdaq composite climbed 63.43 points, or 0.9 per cent, to 6,972.25.

Despite the rally, which includes retail, energy and industrial companies as well as tech and internet stocks, the S&P 500 is down about 2.5 percent so far this week.

Apple fell 4.7 percent to $177.10 and is down 24.2 percent from the peak it reached October 3, though it's still up for the year. Boeing gave up 4.8 percent, but is still one of the best-performing stocks in the 30-stock index.

PG&E stock fell 4.7 percent to $23.26.

The S&P 500 fell 36 points, or 1.3 percent, to 2,654.

All three major USA indexes were down slightly for the year after trading, with the Dow about 2,400 points below its peak.

The Nasdaq is up 5.43 points, or 0.1 percent.

'Neck guy' arrested, charged in Montgomery
It comes just one week after he was stopped in Escambia County, Florida for allegedly fleeing police and possessing meth, cocaine, marijuana and drug equipment.

Canada Post Back-To-Work Legislation Introduced To End CUPW Strike
Canadian Union of Postal Workers back on the picket line Thursday in Port Alberni, Nanaimo, Campbell River and Courtenay. The Canadian Union of Postal Workers alerted members of the walkout as of 5 a.m.

Climate report warns of grim economic consequences, worsening weather disasters in US
Mr Trump and several members of his Cabinet have also repeatedly cast doubt on the science of climate change, arguing the causes and impacts are not yet settled.

The Russell 2000 is down 58.52 points, or 3.8 percent. Additionally, after losing more than 7% yesterday, crude oil prices rise more than 2.5% today to lift the S&P 500 Energy Index, which was last seen up 1.15% on the day.

Oil prices climbed after USA government data showed strong demand for gasoline and diesel, though gains were limited by concern over rising crude supply. Amazon's were off by 2.3 percent. Eastern time. The benchmark index has fallen 9.5 per cent from its record high two months ago. The yield on the 10-year Treasury note rose to 3.07 per cent from 3.04 per cent.

Nissan's USA -listed shares slumped 8.5 percent after the company's chairman Carlos Ghosn was arrested after allegedly under-reporting his income.

Benchmark U.S. crude lost 7 per cent to $53.23 a barrel in NY.

Utilities and other high-dividend stocks also declined.

France's CAC 40 gave up 0.8 percent and Germany's DAX slid 0.9 percent. Silver added 1.6 per cent to $14.50 an ounce. Copper held steady at $2.80 a pound.

CURRENCIES: The dollar rose to 113.05 yen from 112.40 yen.

Wholesale gasoline rose 1 per cent to $1.51 a gallon. The euro rose to $1.1453 from $1.1412. Britain's FTSE 100 slipped 0.2%. Japan's benchmark Nikkei 225 rose 0.7 percent and Hong Kong's Hang Seng added 0.7 percent. South Korea's Kospi gained 0.4%.

Conseillé:



Populaire

Jewellery store owners fend off robbery suspects with swords
Moments later, three store employees rush to the window and begin fighting the robbers away with what appear to be swords. An interior camera was rolling as one bandit used a small sledge hammer to smash one of the store's large windows.

Why NASA Is Investigating Elon Musk’s Marijuana Intake
The reviews will start next year and will evaluate the culture of the workplaces of both companies, according to the space agency. Those technical issues are separate from the safety review. 7 January the first flight of the camera Crew Dragon without a crew.

O'Brien] Ivanka's email scandal has a familiar moral
Trump sometimes used her personal account, nearly always for logistics and scheduling concerning her family", Mirijanian said. President Donald Trump and his daughter Ivanka Trump on their way to board Marine One at the White House on February 1, 2017.

Rompant avec la trêve de Thanksgiving, Trump attaque les juges
Il faut dire que l'impétrant a eu l'outrecuidance de rappeler au président américain que les magistrats étaient impartiaux. Le président de la Cour suprême s'était alors permis de recadrer Donald Trump.

La CENI a officiellement lancé la campagne électorale — RDC
La centrale électorale vient de lancer officiellement de début de la campagne électorale sur toute l'étendue du territoire national.

United States government reportedly tells allies to stop using Huawei products
The US government is reportedly lobbying its global allies to pressure their telecoms companies not to do business with Huawei. Globally, Huawei has a leading 22% share of the global telecom-equipment market.

Phil Mickelson Loses $200k Bet to Tiger Woods
It can also be ordered through major cable providers, including AT&T's DirecTV, U-Verse, Verizon and Comcast. Mickelson did not, in fact, birdie the hole. "That hurts the pocket", Woods remarked.

Trooper John Bryant explains Washington marching band bus accident
Bryant initially said 20 to 25 band members were transported to hospitals, but raised that number about two hours later. Crews are working on getting an area school bus to the site of the crash to transport band instruments and equipment.

Les niveaux de gaz à effet de serre atteignent un nouveau record
Or, nous n'avons pas de baguette magique pour faire disparaître l'ensemble de cet excédent de CO2 atmosphérique. Mais l'on connaît les résultats concrets de ce type de sommet. "La tendance est inquiétante".

TLP chief Khadim Rizvi arrested in Lahore
The detaining of the TLP leader comes just days before the TLP's planned public rally in Liaquat Bagh, Rawalpindi on November 25. At least 30 of the party's workers have been arrested from various parts of the capital, the sources told DawnNewsTV .