Monday, 16 July, 2018
  • Sport
  • Dow Jones Closes at Record High, Notches All-Time Intraday High

Dow Jones Closes at Record High, Notches All-Time Intraday High

Vera Richards | 15 July, 2017, 00:15

Shares of J.P. Morgan fell 2.6% while Citigroup lost 1.6% and Wells shed 2.4%.

Delta Air Lines fell 1.8 percent after reporting a smaller profit than analysts expected. Target added it expects second-quarter earnings to come in above the high end of the forecast.

Bank of America was the biggest drag on the S&P and Goldman Sachs shaved off 21 points from the Dow.

Treasuries notched their first weekly gain in three, bolstered by Fed Chair Janet Yellen's gradualist tone on policy tightening as inflation languishes below the central bank's 2 percent target.

Earnings will be closely watched to see if high valuations are justified in the face of tepid inflation and a recent patch of mixed economic data. The Nasdaq Composite Index was up 13 points, or 0.2%, to 6,286. The S&P 500 Index gained 4.58 points, or 0.19%, to 2447.83.

"The evolution of the economy will warrant gradual increases in the federal funds rate over time to achieve and maintain maximum employment and stable prices", Yellen said.

Tiffany rose 1.9 percent as it named Alessandro Bogliolo, a veteran of the luxury industry, as its chief executive.

Growing sinkhole forces evacuation of homes
Treasury Yields Fall On Weak Inflation, Retail Sales

Recommended

  • Hammerson Plc (HMSNF) Reviewed By Analysts

    Hammerson Plc (HMSNF) Reviewed By Analysts

    KeyBanc Capital Markets maintained Multi-Color Corporation (NASDAQ:LABL) on Tuesday, May 30 with "Sell" rating. The stock of Anglo American plc (LON:AAL) has "Neutral" rating given on Wednesday, December 9 by Citigroup.
    Celebrate National French Fry Day with FREE fries in Tampa

    Celebrate National French Fry Day with FREE fries in Tampa

    Many celebrated the holiday, including Chickie's and Pete's , which is offering its world-famous Crab Fries for $1 until midnight. Omaha Steaks: Visit any Omaha Steaks' location or order online to get a burger and an order of steak fries for only $2.99.
    China Chose Djibouti Strategically as Its First International Military Base

    China Chose Djibouti Strategically as Its First International Military Base

    There's one very valuable asset that Djibouti possesses that's of prime concern to global military powers: It's location. Djibouti , which is about the size of Wales, is at the southern entrance to the Red Sea on the route to the Suez Canal.

  • US House Democrats introduce new Iran, Russia sanctions bill

    But Ryan signaled that he wants the amended Senate bill to move and he said House Democrats are responsible for the delay.
    Defying Trump, Jerry Brown to showcase American climate change efforts

    Defying Trump, Jerry Brown to showcase American climate change efforts

    The pledge will not, however, replace the United States' commitment to the Paris agreement. President Macron has been critical of Trump's approach to climate change .
    Uber partners with Russian rival Yandex in $3.72B deal

    Uber partners with Russian rival Yandex in $3.72B deal

    The U.S. firm in return got a 17.5% stake in Didi, which at that time was valued at $35 billion. Following completion, passengers will be able to continue to use either Yandex or Uber apps.

  • Market Insights on Whiting Petroleum Corp (WLL)

    Therefore 25% are positive. 04/19/2017 - Occidental Petroleum Corporation had its " rating reiterated by analysts at Simmons. The oil and gas segment explores for, develops and produces oil and condensate, natural gas liquids (NGLs) and natural gas.

    Aaron Rodgers wins best NFL Player and Best Play at ESPY Awards

    Green Bay Packers quarterback Aaron Rodgers is one of the game's best QBs, and may very well be one of the greatest of all time. Green Bay made it all the way to the NFC Championship Game before falling to that Atlanta Falcons on the road, 44-21.
    This is how PlayerUnknowns's Battlegrounds next update gets a lot more hardcore

    This is how PlayerUnknowns's Battlegrounds next update gets a lot more hardcore

    The developer's community manager, Sammie Kang, chimed in on Twitter confirming that the update will also include an FOV slider . Seems PlayerUnknown's Battlegrounds is about to get even more intense.
  • Christopher Wong Won (1964 - 2017)

    Christopher Wong Won (1964 - 2017)

    After making a name for himself in the music industry, he later went on to form his own record label called Chinaman Records . Although 2 Live Crew is identified as part of the Miami hip-hop scene, the group's genesis took place in California.
    Navy corpsman, 15 Marines killed in military plane crash

    Navy corpsman, 15 Marines killed in military plane crash

    The Marine Corps said in a statement on Tuesday 15 Marines and a Navy Corpsman were aboard the aircraft and killed in the crash. Law enforcement authorities had received reports that items were being taken from the site, with debris scattered for miles.
    'The Table Was Marble This Whole Time!'

    'The Table Was Marble This Whole Time!'

    Kim Kardashian has denied claims that there were lines of cocaine in the background of a social media clip she released. Taking the purported container out of her purse, she declared, 'I have never done coke; I'm just not into that stuff.

Treasury Yields Fall On Weak Inflation, Retail Sales Treasury Yields Fall On Weak Inflation, Retail Sales Japan's yen-sensitive Nikkei slid 0.4 per cent on the yen's gains but MSCI's dollar-denominated Japan index gained 0.5 per cent. The most-active US gold futures for August delivery futures settled up $10.20, or 0.84 percent, at $1,227.50 per ounce.

'Gandhi-style' Liu Xiaobo dies of advanced liver cancer 'Gandhi-style' Liu Xiaobo dies of advanced liver cancer As he passed "peacefully", his final words to his wife, poet Liu Xia, and other relatives were " live on well ", media reported . Global tributes poured in for a "hero" of democracy while human rights groups accused the government of "cruelty".

Growing sinkhole forces evacuation of homes Growing sinkhole forces evacuation of homes Shortly after our sister station ABC Action News arrived on scene, one of the homes collapsed into the sinkhole. The hole quickly grew to 200 feet wide - about two-thirds the length of a football field - and 50 feet deep.

Rain expected today; sunshine to return by Saturday Rain expected today; sunshine to return by Saturday Thursday will have rain chances continue be at 30% with scattered thunderstorms and partly cloudy skies. Tonight through Saturday midday: Fair to partly cloudy, hazy and breezy with local showers possible.

Trump criticized for commenting on First Lady of France's 'shape' Trump criticized for commenting on First Lady of France's 'shape' Kimmel pointed to the next portion of their meeting , which he said showed the 71-year-old Trump trying not to bring up her age. But it was not long into the question and answer session that the growing controversy surrounding Donald Trump Jr was raised.

Woman posing for a photo knocks over art installation worth $200000 Woman posing for a photo knocks over art installation worth $200000 It was labelled by the Los Angeles Times as being a "series of wondrous, over-the-top sets for the ideal selfie". When she crouches down, she suddenly knocks one over and causes a domino effect.

You'll Be Able to Buy Gran Turismo Sport on October 17th You'll Be Able to Buy Gran Turismo Sport on October 17th Gran Turismo Sport will finish the development race and take its spot in the PlayStation 4 circle when it launches on October 17. Gran Turismo Sport is coming to the PS4, the first major release since the last generation, and it's coming this October.

José Mourinho willing to give Luke Shaw another chance at Manchester United José Mourinho willing to give Luke Shaw another chance at Manchester United Chelsea are reported to have made a similar offer but baulked at paying the size of the agent's fee Mino Raiola demanded. Ibrahimovic joined the club on a free one-year contract last summer, with the option to extend for another year.

Dorance Armstrong voted Big 12 preseason defensive player of the year Dorance Armstrong voted Big 12 preseason defensive player of the year The Sooners, last season's conference champion, edged out Oklahoma State for the top spot in the 2017 preseason poll. Coming up Thursday, the Big 12 releases its preseason poll with West Virginia expected to be middle-of-the-pack.

Flash flood watch in effect until 9 pm Flash flood watch in effect until 9 pm At 9:46 a.m., Weather Service Doppler radar indicated thunderstorms producing heavy rain across the warned area. Rain will continue overnight and into Thursday before high pressure can get in here to dry us up for while.

White House attacks CBO health care inaccuracy, misspells 'inaccurately' White House attacks CBO health care inaccuracy, misspells 'inaccurately' The White House fleshed out its anti-CBO case in a video that contains some very basic errors. The stakes on completing a budget are high for the Trump administration.

Google Play Music's New Release Radio Now Open to All Google Play Music's New Release Radio Now Open to All But while you could indeed stream from Google Play Music to your smart speaker, you were only limited to what's on their online catalog.

Giant Iceberg Could Impact One of the World's Busiest Shipping Lanes Giant Iceberg Could Impact One of the World's Busiest Shipping Lanes The iceberg weighs an estimated 1.12 trillion tons and is approximately the size of Delaware. A map of Larsen C overlaid with NASA's MODIS thermal image from today.

'Gangnam Style' is no longer the most-viewed video on YouTube 'Gangnam Style' is no longer the most-viewed video on YouTube However, as of July 11, according to a BBC report, the pop song has been overtaken by the heart-warming ballad " See You Again ". For the last five years, the insanely compelling dance video " Gangnam Style " has dominated the YouTube video leaderboards.

Explosion confirmed at USAF Recruiting Center in Oklahoma Explosion confirmed at USAF Recruiting Center in Oklahoma Agents are investigating the possibility that the explosion was an incident of domestic terrorism, according to the Tulsa World . Federal officials are investigating an explosion at an Air Force recruitment base in a strip mall in Bixby, southeast of Tulsa.