Difference between revisions of "Index.php"

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By Chuck Mikolajczak<br><br>NEW YORK, Sept 25 (Reuters) - Wall Street dipped on Monday, as a selloff in technology shares weighed heavily on the Nasdaq, while the most recent statement from North Korea's to Washington added to a cautious tone.<br><br>North Korea's foreign minister said President Donald Trump had declared war on the country and it reserved the right to take countermeasures, including shooting down U.S. bombers even if they are not in its airspace.<br><br>The White House disputed the declaration, calling the suggestion "absurd."<br><br>The comments buoyed safe-haven assets, those that are favored by investors in times of crisis, with gold up 1 percent and the Japanese yen strengthened 0.26 percent versus the greenback at 111.71 per dollar.<br><br>"The North Korea narrative is not going away and the longer it remains part of the conversation, the more negative it becomes," said Peter Kenny, senior market strategist at Global Markets Advisory Group, in New York.<br><br>The CBOE Volatility index, a widely followed measure of market anxiety, hit a 2-week high of 11.21 and was last up 0.63 points at 10.22.<br><br>Tech names such as Facebook, off 4.5 percent, Microsoft, down 1.55 percent, and Apple, off 0.88 percent, were among the biggest drags on the benchmark S&P 500 index.<br><br>Apple shares flirted with correction territory following a report that the company had told suppliers to scale back shipments of parts for its upcoming iPhone X.<br><br>"There has been some disappointment in the reception of Apple´s latest iPhone release, and that is driving some concern and that is bleeding through to the supply-chain names," said Kenny.<br><br>The S&P technology index slid 1.42 percent, its worst daily performance in five weeks. The index remains the best performing of the 11 major S&P sectors this year, however, with a rise of nearly 23 percent.<br><br>The losses in tech were offset somewhat by a sharp climb in the energy sector, which gained 1.47 percent. The sector notched its sixteenth gain in the last 18 sessions.<br><br>Oil prices hit a more than two-year high after major producers said the global market was on its way towards rebalancing, while Turkey threatened to cut oil flows from Iraq's Kurdistan region toward its ports.<br><br>The Dow Jones Industrial Average fell 53.84 points, or 0.24 percent, to 22,295.75, the S&P 500 lost 5.56 points, or 0.22 percent, to 2,496.66 and the Nasdaq Composite dropped 56.33 points, or 0.88 percent, to 6,370.59.<br><br>Genuine Parts shares jumped 5.96 percent as the best performer on the S&P 500 after the car parts distributor said it would enter the European market with a deal to buy peer Alliance Automotive Group for about $2 billion.<br><br>Allergan was up 3.40 percent after the drugmaker authorized a $2 billion buyback of its shares.<br><br>Advancing issues outnumbered declining ones on the NYSE by a 1.28-to-1 ratio; on Nasdaq, a 1.26-to-1 ratio favored decliners.<br><br>About 6.42 billion shares changed hands in U. If you adored this short article and you would such as to receive additional details pertaining to bubble shooter pet kindly go to our web-page. S. exchanges, above the 6.02 billion daily average over the last 20 sessions. (Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)
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LONDON, July 20 (Reuters) - European shares extended their gains in early deals on Thursday, lifted by buoyant global markets, hours ahead of a highly anticipated policy meeting at the European central bank.<br><br>The pan-European STOXX 600 rose 0.3 percent after major U.S. and Asian stock indexes closed at record highs, helped notably by technology stocks which finally surpassed their dotcom bubble peaks.<br><br>The sector continued to shine in Europe with a 0.3 percent rise after having hit its best daily performance since September last year during Wednesday's session.<br><br>SAP, Europe's most valuable technology firm rose in line with the sector after reporting revenues for the second quarter rose 10.4 percent to 5.78 billion euros, slightly above analyst expectations.<br><br>The European banking sector retreated by 0.3 pct ahead of the ECB's meeting when more light could be shed on how it intends to progressively exit its stimulus package.<br><br>Nordea, the Nordic region's biggest bank by market value, reported second-quarter operating earnings below analyst estimates and dropped 5.6 percent.<br><br>Elsewhere, Unilever edged 0.6 percent higher after reporting slightly weaker than expected quarterly sales but reaffirmed sticking to its full-year target.<br><br>Among stocks trading in negative territory was Swiss engineering company ABB, which was down 2. If you beloved this article and also you would like to receive more info about bubble shooter pet nicely visit our website. 6% after a weaker-than-expected increase in quarterly net profit.<br><br>(Reporting by Julien Ponthus, Editing by Vikram Subhedar)

Revision as of 23:19, 16 November 2017

LONDON, July 20 (Reuters) - European shares extended their gains in early deals on Thursday, lifted by buoyant global markets, hours ahead of a highly anticipated policy meeting at the European central bank.

The pan-European STOXX 600 rose 0.3 percent after major U.S. and Asian stock indexes closed at record highs, helped notably by technology stocks which finally surpassed their dotcom bubble peaks.

The sector continued to shine in Europe with a 0.3 percent rise after having hit its best daily performance since September last year during Wednesday's session.

SAP, Europe's most valuable technology firm rose in line with the sector after reporting revenues for the second quarter rose 10.4 percent to 5.78 billion euros, slightly above analyst expectations.

The European banking sector retreated by 0.3 pct ahead of the ECB's meeting when more light could be shed on how it intends to progressively exit its stimulus package.

Nordea, the Nordic region's biggest bank by market value, reported second-quarter operating earnings below analyst estimates and dropped 5.6 percent.

Elsewhere, Unilever edged 0.6 percent higher after reporting slightly weaker than expected quarterly sales but reaffirmed sticking to its full-year target.

Among stocks trading in negative territory was Swiss engineering company ABB, which was down 2. If you beloved this article and also you would like to receive more info about bubble shooter pet nicely visit our website. 6% after a weaker-than-expected increase in quarterly net profit.

(Reporting by Julien Ponthus, Editing by Vikram Subhedar)

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