S&P and Dow close at record closing levels....(once again)
S&P and Dow close at record closing levels....(once again)
Dow tracks ninth straight day of record close
A trader works on the
09 August, 2017, 01:20
U.S. stock indexes reversed course to trade higher on Tuesday morning, with the Dow and the S&P hitting a new record, helped by a rise in Apple's shares.
The Dow Jones industrial average climbed 25 points, or 0.1 percent, to 22,118. Click on ticker-symbol links in each slide for current prices and more.
"Despite precious few game changing economic policies from Trump thus far, the latest U.S. jobs data coupled with elevated business confidence numbers suggest firms remain bullish for the United States economy going forward", said Joshua Mahony, market analyst at IG.
Meanwhile, investors will continue to closely track the second-quarter earnings season to see if pricey valuations are justified.
The Standard & Poor's 500 index fell 4 points, or 0.2 percent, to 2,476.
Elsewhere, energy companies fell along with the price of crude oil.
And on Tuesday, shares of Michael Kors jumped 20.31 percent after the retailer raised its full-year revenue forecast, while Ralph Lauren was up 9.79 percent following revenue and profit beat.
The index is trading at 18 times expected earnings, compared to its 10-year average of 14, according to Thomson Reuters Datastream. The Nasdaq Composite Index also manages to get caught in the tailwind; it manages to record a total increase of 0.5% or 32.21 points and closing to 6,383.77 levels.
Warren Buffett's Berkshire Hathaway was down 1.11 percent after the company reported a drop in second-quarter profit. Nasdaq manages to set a new high for its biggest one-day percentage rise since July.
The S&P 500 has risen about 11 percent in 2017 despite investors losing confidence in President Donald Trump's ability to legislate his pro-growth agenda of tax cuts and infrastructure spending this year.
Shanghai stocks were little changed despite the disappointing Chinese trade data.
No casualties or damage were reported , however. "Some time ago a shell hit an open area in the district (city ed.) Ashkelon". On Tuesday evening, warning sirens blared in southern Israel as the rocket from the Gaza Strip was sacked into the country.
My prayers are with the children, families, and faith leaders of the Dar Al Farooq Islamic Center today". He says investigators have recovered components of the device to figure how it was put together.
The money would mostly be used to buy police vehicles. "He's brought discipline, no doubt, to that effort", Emanuel said. In response to Emanuel's announcement, the Justice Department called the Chicago lawsuit "tragic".
When it comes to issues, CNN said the poll shows Trump with a 48%-approve-to-47%-disapprove rating on national security . Confidence in Trump among Republicans too is eroding, according to a CNN survey , conducted between August 3 and 6.
The senator admitted in 2010 to misrepresenting his military service after saying he had been "in" Vietnam . The president took three tweets to criticize Blumenthal. "That investigation must be pursued".
With the Bears last season, Cutler played in just five games, as he totaled four touchdown passes and five interceptions. Cutler, however, is unlikely to save the Dolphins season or make them a favorite by any stretch of the imagination.
Following Arsenal's victory, Wenger was quick to praise his new signing, paying attention to the strength of the full-back. Arsenal have tapped the free agent market this summer and, like Liverpool, took a former Schalke player.
The 64-year-old is renowned for his strong-man publicity stunts, which have contributed to his sky-high popularity ratings. As per the report, although he has yet to announce his candidacy, Putin is widely expected to run and to win comfortably.
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Unknown number of gunmen open fire inside a church in Nigeria's south, killing at least 12 and wounding several others . An eyewitness, who simply identified herself as a choir member, said that the church was dark as there was no light.
Prosecutors Seek 12-Year Sentence for Samsung Chief
The merger would have eased Lee's path to take over control of the entire conglomerate from his ailing father. The group has rejected investor demands to restructure into a holding company and an operating company.
Proteas Set for Another Major 1st Innings Deficit
South Africa were 163/3‚ or still a long way from victory or even safety but significantly better off they had been at lunch. South Africa's bowlers had run in gamely for much of the day in a vain attempt at getting their team back in the match.
India beat SL by innings and 53 runs; clinch Test series
The ball narrowly missed him in a manner which the on- field umpires determined as "dangerous", the ICC said in a release. Kohli now has 18 wins under his belt-only three less than India's second-most successful captain Sourav Ganguly (21).
Four-time Olympic champion Cuthbert dies aged 79
He remembers bursting with pride after listening on the radio as Cuthbert claimed victory in the first Olympic women's 400m. In 2000 Cuthbert was one of the torch bearers at the opening ceremony of the Olympic Games in Sydney.
England vs South Africa 2017, fourth Test match, Day 3
Bounce became increasingly unpredictable as the third day wore on, with many deliveries skidding through at shin height. Morne Morkel bowled a marathon eight over spell from the James Anderson End, removing Alastair Cook and Tom Westley.
Jaitley calls RSS worker's murder 'barbaric'
The veteran BJP politician blamed the CPI (M) for the political attacks in the state on the RSS-BJP members. The commission also directed the state government to take necessary steps to stop incidents of lynching.