Traders work on the floor of the New York Stock Exchange in New York U.S
12 August, 2018, 21:43
Investors are more comfortable with FAANG stocks and technology as far as valuations go, and these stocks have higher margins", Tom White, chief market strategist at TradeWise Advisors, in Chicago, Illinois, told Reuters.
On Wall Street, the benchmark S&P 500 index rose modestly and remained less than half a percentage point from breaching an all-time high that was set in January.
Bairstow departs but England lead past 200
Chris Woakes celebrates his first Test century, the all-rounder ended the day on 120 not out . England bowled India all out for 107 in its first innings on a rain-interrupted second day.
Oil prices were down slightly as the escalating China-U.S. trade dispute cast doubt on the outlook for crude demand.
The energy sector was the biggest loser, dragged down by Occidental Petroleum, the largest Permian producer, which boosted its capital expenditure. Nasdaq Composite futures have dropped 0.6%.
Intel dropped 2.4 percent in premarket trading after Goldman Sachs downgraded the stock.
Shares of trade-sensitive companies declined, with Boeing, 3M and Caterpillar down between 2.3 percent and 4 percent.
Brent crude futures fell 8 cents to $72.20 a barrel and USA crude futures were down 2 cents at $66.92 a barrel.
Chip stocks fell after Morgan Stanley downgraded the United States semiconductor industry. Micron also fell 1.8 percent. Tech stocks have been at the center of a sharp recovery in the S&P since a market rout in February, driving the index close to its record high.
Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 1.47-to-1 ratio favored decliners.
Play resumed with England , 1-0 up in a five-match series after their 31-run win at Edgbston last week, yet to bat. But the very next delivery saw Kohli edge a Woakes outswinger and Buttler made no mistake on this occasion.
Koepka ran off three straight birdies after he made the turn and came to the par-5 ninth at seven-under for the round. Watching Finau make all those birdies, Furyk "didn't say anything, but he was just shaking his head", Finau said.
Bellerive Country Club, a 7,317-yard par-70 course, is hosting its third major and second PGA Championship. Perhaps all those bits of adversity and disappointment will have been worth the wait by Sunday.
Tsitsipas showed his nerve right from the start, as he surprised Djokovic (and everyone else watching) with a 5-2 game lead. Play continues through Sunday at the US$5.94-million tournament on the York University campus.
With a crush rate of 1.67 million mt and stocks of 8.8 million mt, China has more than five weeks' worth of soybean consumption. A Commerce Ministry statement labeled Trump's decision to go ahead with the latest USA tariffs "very unreasonable".
The Taliban attack came as Ghazni contemplated a cease-fire offer to mark the Muslim holiday of Eid al-Adha later this month. If the city were to fall to the Taliban , it would compromise the security of the capital and the eight provinces it borders.
The Lira has lost almost a third of its value this year, as relations with the United States have become increasingly strained. Erdogan enjoys the support of many Turks even though rents and food and fuel prices have all surged.
The new Gunners boss begins life in the Premier League with a clash against the Citizens at the Emirates on Sunday afternoon. That coupled with their exceptional midfield and options in forward areas mean they'll be favourites again this season.
Real Madrid was already pursuing the Belgium goalkeeper before striking the 35 million euro fee with Chelsea . This brings me to the remaining four hopefuls - Spurs, Manchester United , Arsenal and Chelsea .
Arsenal vs Manchester City
That coupled with their exceptional midfield and options in forward areas mean they'll be favourites again this season. A title challenge is very unlikely, but a top-four place isn't out of the equation.
French judge charges 2 German officials in campsite flood
About 17,000 homes in southwest and northeast France were without power and several roads were closed as a result of the floods. UK Met Office weather expert Marco Petagna said almost three inches of rain fell in the area in just 24 hours.