Wall Street forges new records on trade optimism, Dow crosses 28,000 mark

17 Novembre, 2019, 01:38 | Auteur: Auguste Feret
  • Famous Wall street and the building in New York New York Stock Exchange with patriot flag

(MENAFN - Baystreet.ca) The Dow Jones Industrial Average hit a fresh record high on Friday after White House economic advisor Larry Kudlow said China and the USA were getting close to reaching a trade deal.

The Dow Jones Industrial Average topped the 28,000 mark for the first time ever, closing Friday at 28,004.89.

The Dow climbed more than 125 points, or about 0.5%, by early afternoon, to set another all-time high of more than 27,910 points.

The S&P 500 has gained 3.4%, and Dow is up 2.8%, over the past month through Thursday's close.

Angels' Trout overcomes injury, tragedy to win 3rd AL MVP
Yelich still led the league in batting average (.329), on-base percentage (.429) and slugging percentage (.671). Yelich broke his kneecap late in the season and wasn't able to play during the Brewers' run to an NL wild card.

Quatre morts dans les manifestations à Bagdad — Irak
Pour rappel, ce premier mouvement social spontané pour le changement du régime en Irak, a commencé le 1er octobre dernier. Plus au sud, les provinces tribales et agricoles sont toujours en partie paralysées par la désobéissance civile.

ATP - Finals > Nadal, premier de poule ou éliminé
Malgré sa défaite contre l'Italien Matteo Berrettini (ATP 8), l'Autrichien Dominic Thiem (ATP 5) a remporté le groupe Björn Borg. L'autre demi-finale opposera Stefanos Tsitsipas à Roger Federer , seul membre du Big 3 à s'être extirpé de la phase de poules.

US-China trade aside, the market spotlight at the end of the week was on a barrage of US economic indicators, including a much weaker than expected reading on US industrial production.

On the economic front, in the week ending November 9, weekly jobless claims reached 225,000 last week, an increase of 14,000 from previous week's unrevised level, the US Department of Labor said on Thursday. Its shares declined more than 7 per cent after the company said it expects 75 cents to 77 cents in Non-GAAP earnings per share, and an annualized revenue decline of 3 per cent to 5 per cent in the fiscal second quarter. The Nasdaq Composite Index decreased 20.76 points, or 0.24 per cent, to 8,461.34.

The Nasdaq gained 65.52 points, or 0.8%.



Will.i.am slams 'racist' flight attendant in Sydney
Will.I.Am performs with the Black Eyed Peas group during the Vieilles Charrues music festival on July 20, 2019 in Carhaix-Plouguer, western France.

Palestinian rockets, Israeli airstrikes jolt tenuous Gaza truce
Israel's military, however, said on Saturday that it would hold Hamas responsible for any attack emanating from Gaza . One strike that flattened a house, killed eight members of a Palestinian family, including five children.

NASA's next Mars mission will look for signs of alien life
These observations were published in an academic article this week in the Journal of Geophysical Research: Planets . These are the time capsules that would give some inkling of when and how Mars started to dry out.

Conte receives anonymous letter and bullet in post
Inter Milan's Italian head coach Antonio Conte reacts prior to the Italian Serie A football match Inter Milan vs Hellas Verona on November 9, 2019 at the San Siro stadium in Milan.

Markets Right Now: S&P 500 ekes out a record at the close
Gold rose $10.10 to $1,471.80 per ounce, silver rose 11 cents to $17.01 per ounce and copper fell 2 cents to $2.62 per pound. Lower bond yields hurt banks' ability to charge more lucrative interest rates on mortgages and other loans.

Lombard leads by 1 in Sunlight Metropolis, Oosthuizen tied for 2nd
The highlight of Wilson's 67 was a chip-in on the 15th, while Kinhult recovered from being three over after six holes in a 70. He drew level with Lombard after a birdie on No. 16 but missed the green at the last and had to settle for a bogey.

Notre Dame's 273 Game Sellout Streak Expected To End This Weekend
Jack Swarbrick , Notre Dame's athletic director, shed some light on the program's sellout streak getting snapped. The Huskers' streak now sits at 373 games and will reach 374 on Saturday when Wisconsin visits Memorial Stadium.

Essar Steel ruling: PSU bank shares rally
Essar Steel is reeling under a debt pile of Rs. 30,030 crore from financial creditors and Rs. 11,969 crore from operational creditors.

Oil prices hike to $62 amid hopes for US-China trade talks
Meanwhile, Wood Mackenzie Ltd. said it sees a "pretty high chance" that Opec and its allies will slightly extend production cuts next month.

The Mandalorian's first episode is so amazingly Star Wars
Back in September, we posted a report about director Jon Favreau looking into creating a new Star Wars Holiday Special . Episode 2, deftly directed by Dope helmer Rick Famuyiwa, functions much the same way for the audience.