Saturday, 20 October, 2018

How major US stock market indexes fared on Friday

How major US stock market indexes fared on Friday How major US stock market indexes fared on Friday
Orlando Vargas | 06 May, 2017, 07:44

USA stocks were lower in early afternoon trading on Thursday as a steep fall in crude oil prices weighed on energy shares and with healthcare stocks in focus ahead of a cliffhanger vote on repealing Obamacare.

The Standard & Poor's 500 index advanced 9.77 points, or 0.4 percent, to 2,399.29.

"The market will like this number because there was some concern that the economy was slowing a little bit", said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.

"It is sort of the same theme about a secular change in the economy", Winer said.

Technology companies have posted some of the strongest earnings growth, with the S&P 500 sector on track to grow 17% from a year ago, according to FactSet.

Crude oil held gains on Friday, a day after settling at its lowest level since November 29. West Texas Intermediate futures for June rebounded Friday, trading about 1 percent higher at $46.18 per barrel. Most of the drop followed data released on Wednesday that showed a smaller-than-expected decline in USA oil inventories and rising production. Unemployment nudged to 4.4 percent compared to 4.5 percent in March.

Fed speakers: Fed Vice Chairman Stanley Fischer said at the Hoover Institution monetary policy conference at Stanford University that central bank policy can not be rules-based (http://www.marketwatch.com/story/feds-fischer-says-central-bank-policy-cannot-be-rules-based-2017-05-05) and that policy makers needed the freedom to depart from guidelines if circumstances warranted.

Plagiarism or a 'wink'? Le Pen's copied speech targets right
She also claimed that his pro-business policies would not create jobs but send them overseas and leave French workers hungry. Bouarram, who supports Macron in the runoff election, says his father was targeted "because he was a foreigner, an Arab".


Senate confirms Sonny Perdue as agriculture secretary
The American Soybean Association is "glad that Secretary Perdue is finally on board", Ron Moore , ASA president, said in a statement .


Swearing can make us more powerful
If you're looking for a way to make progress at the gym, experts suggest swearing out loud before each exercise. Volunteers did this bike exercise both after swearing and after not swearing to measure differences in strength.


Shares of Revlon, Inc. sunk 24 percent after the cosmetics company blamed the USA retail environment for weak sales in the country last quarter.

The S&P 500 is up 5.32 points, or 0.2 percent.

Avon Products Inc. reported a surprise loss, sending shares down 22%. Buffett will meet investors and answer questions at the conglomerate's annual shareholder meeting (http://www.marketwatch.com/story/6-things-to-watch-when-warren-buffett-hosts-berkshires-annual-meeting-2017-05-05) on Saturday. Australian shares fell 0.5% with metals and mining related stocks leading the decline.

"With the Fed hitting the pause button in May, the recovery in today's employment data gives weight to the prospect of a further rate hike in June and the possibility of two or three more this year", Sarma said. "Maybe people are looking at protection, given stocks are at all-time highs".

Markets were surprisingly tame ahead of Sunday's French presidential election, where centrist Emmanuel Macron is set to square off against nationalist Marine Le Pen.

Gold slipped 0.1%, while the ICE Dollar Index was also down 0.1% after the jobs report.

The yield on the 10-year Treasury note slipped slightly to 2.352% after the release of the report, from 2.354% on Thursday.

Recommended

  • Kylie Jenner Snaps Star-Studded Selfie in Met Gala Bathroom

    But the night's fashion choices included everything from ribbons and pearls, to spikes and sequins, to plaid and platinum. In the previous event, Madonna broke the rules when she took a selfie with Kanye West.

    Wizards forward Oubre ejected for bowling over Olynyk

    Olynyk fell backward to the court as players charged toward the altercation. I felt pain in my head and my jaw. "I've confronted him about it".
    Texans new QB Watson buys mom a Jaguar

    Texans new QB Watson buys mom a Jaguar

    He completed 67.4% of his passes with an 8.4 YPA and 90:32 TD-to-INT ratio. "With Watson I think he's got to play". Watson is the first quarterback the Texans drafted since Tom Savage in the fourth-round of the 2014 NFL Draft.
  • Red Sox knuckleballer Wright to have season-ending surgery

    Red Sox knuckleballer Wright to have season-ending surgery

    Prior to the season, according to Bovada, the Red Sox were tied with the Cubs for the best World Series odds in all of baseball. This season was obviously not one for the record books considering how injured Wright must have been.
    Suspect barricaded in home after Delaware officer killed

    Suspect barricaded in home after Delaware officer killed

    Delaware Online reported that Sealy is familiar with the law, in 2013 he was charged for possession of a concealed weapon. I want to take this time to send my prayer to the family and friends of fallen State Trooper Stephen Ballard...

    Trump to visit Israel, Vatican and Saudi Arabia

    The president will have an audience with Pope Francis on May 24, another person with whom Trump feuded on the campaign trail. He will go to Brussels for a North Atlantic Treaty Organisation summit and Sicily for a gathering of the G7 group.
  • GOP offers alternatives to protect pre-existing medical conditions

    GOP offers alternatives to protect pre-existing medical conditions

    People with pre-existing conditions could lose their insurance if they can no longer work due to their health. Nevada's highest ranking Republicans both argue for protecting the state's expanded Medicaid program.
    Levee breaks in Arkansas as record flooding continues to plague the region

    Levee breaks in Arkansas as record flooding continues to plague the region

    A new Flash Flood Warning is issued by the by the National Weather Service in Memphis for a dam failure. This aerial image shows the severe flooding that has overwhelmed parts of Pocahontas, Arkansas.
    Trump praises Australian universal health care system at meeting with prime minister

    Trump praises Australian universal health care system at meeting with prime minister

    Australia has a government-funded health-care system,"Medicare", that exists with private insurance. Mr Turnbull added: "We can put the refugee deal behind you and move on".
  • Buccaneers RB Martin avoids serious injury in vehicle  accident

    Buccaneers RB Martin avoids serious injury in vehicle accident

    Licht said last week Martin has been one of the team's more impressive players during the offseason training program. The driver of the Kia, Jake Balsay was cited for running the stop sign.
    Bilic: Spurs could struggle like West Ham

    Bilic: Spurs could struggle like West Ham

    The Hammers, who have endured a mediocre season at their new home, raised their game again with a hard-working display. The Hammers, who now sit 15th on 39 points are nearly certainly safe and unbeaten in their last four games.

    Russia, Iran, Turkey agree on establishing 'de-escalation zones' in Syria

    But the safe zones appear meant to be conflict-free to help widen a ceasefire, and would potentially be policed by foreign troops. But he stressed that Russia's air force would continue striking so-called Islamic State (IS) elsewhere in Syria.

Don't say I don't care, says Arsenal midfielder Mesut Ozil Sure, you do not earn peanuts and the offer from China was tempting and interesting. Overall, I believe we are not happy because you want to win absolutely everything.

Wisconsin-based atheist group sues Trump over church order To some religious conservatives, it is an anti-faith law. However, advocacy groups are promising to fight back. We thought we'd have to sue Trump today.

Camping World Announces Acquisition of Gander Mountain Camping World Announces Acquisition of Gander Mountain Sporting goods chain Gander Mountain may be closing all North Texas stores, including the Frisco store that opened last September. Signs that read "Going out of Business" and "Everything Must Go" went up at the store along I-94 Thurs. afternoon.

Shake Shack, Inc. (NYSE:SHAK) Under Analyst Spotlight Shake Shack, Inc. (NYSE:SHAK) Under Analyst Spotlight The firm has a market capitalization of $843.57 million, a price-to-earnings ratio of 62.49 and a beta of 1.31. (NYSE:SHAK) stock. Over the past few months, insider ownership has seen a move of -71.00% while institutional ownership has changed 2.75%.

Zuccarello leads Rangers to 4-1 win over Senators in Game 3 The Post's Howie Kussoy did a sidebar on the availability of ailing Senators star Erik Karlsson is in question for Game 5 . Only 2:01 into the second, the Rangers ended up with a 2-on-0 breakaway and, as a result , pulled out to an easy 2-0 lead.

Tories bid for 'Ed Balls' moment' as they target top SNP seat Tories bid for 'Ed Balls' moment' as they target top SNP seat Labour was 14 seats behind the Conservatives, although Kezia Dugdale's party came out on top in many seats around the country. Thomas Kerr, 20, was one of the Conservative councillors elected as the party's fortunes rose, taking a seat in Shettleston.

Girl turns up to Birmingham school with prosthetic leg Girl turns up to Birmingham school with prosthetic leg She showed up to school with her new pink blade and her friends simply could not contain themselves. Clearly, seeing her classmates' reaction to the new leg gave Twitter users all the feels.

Muntari ban overturned after racism protest Muntari ban overturned after racism protest Be proactive - Use the "Flag as Inappropriate" link at the upper right corner of each comment to let us know of abusive posts. FIFPro said "common sense has prevailed" with the ban being rescinded.

Economy Watch: Economy Gains 211K Jobs in April Jobs in mining and manufacturing were on the rise, but the major job gains were seen in education, health, and business services. Both the unemployment rate, at 4.4 percent, and the number of unemployed persons, at 7.1 million, changed little in April.

Ag Secretary announces new USDA rules for school lunches Ag Secretary announces new USDA rules for school lunches The federally funded United States school lunch program, started by President Harry Truman in the 1940s, is overseen by the U.S. Local dietitians say students will like school lunches better after the Trump administration loosened school nutrition rules .

Kourtney Kardashian has a new YOUNGER man in her life Still, the former lovers get together sometimes as they co-parent their children Mason, Penelope and Reign. Although it's not serious between the two, they are said to be having fun with the getting to know stage.

Forecasters See Democrat Gains After Health Care Vote Waldman said he was glad the bill gets rid of some new taxes and insurance regulations, but overall it will hurt a lot of Texans. And states could get federal waivers freeing insurers from other Obama coverage requirements.

Jury awards record-setting $110.5M in baby powder lawsuit Jury awards record-setting $110.5M in baby powder lawsuit But it adds: " Ovarian cancer is a rare disease, and increasing a small risk by a third still gives a small risk". However, that doesn't mean talc causes cancer.

Sukma Naxal attack: 11 'suspects' being interrogated Sukma Naxal attack: 11 'suspects' being interrogated The injured were taken to the nearest civil hospital, said Maheshwar Reddy, additional superintendent of police, Gadchiroli . On March 11 this year, a dozen CRPF soldiers were killed in a strike by Maoist fighters in Sukma.

Trump maintains laissez-faire position on gun control Trump has accused Warren of fabricating her heritage, which he said was racist. He was endorsed by the NRA in May and spoke at their convention at the time.