Sell-off in industrial, tech stocks sends Dow down for 5th straight day
26 April, 2018, 12:39 | Author: Marjorie Miles
Equity futures attempted a rebound from Tuesday's losses, then turned lower. The yield on the 10-year Treasury note rose to 2.99 percent from 2.98 percent. Heating oil dipped 0.6 percent to $2.13 a gallon.
On Wednesday, the USA stocks fell drastically adding up to the losses of the last session, as the investors fretted over interest rates reaching multiyear highs.
The Dow Jones industrial average gave up 424.56 points, or 1.7 percent, to 24,024.13. The Nasdaq composite dropped 121.25 points, or 1.7 percent, to 7,007.35. Oil prices have also jumped and investors are anxious that new tariffs will also drive up costs and affect company earnings in the months to come.
"Both Polaris and Caterpillar reported top and bottom line beats". Its shares jumped 23% to reach an all-time high of US$36 after the company swung to a profit in the first quarter.
Israel arrests 2 Palestinians on Gaza border
Fadi Mohammad al-Batsh, 35, was killed in a hail of bullets by two attackers Saturday as he walked to a mosque for dawn prayers. A string of Israeli officials have neither confirmed nor denied whether Israel had a hand in the killing.
However, as more companies report earnings over the next few weeks, things could change, said Kate Warne, principal investment strategist at Edward Jones. NBC Universal-parent Comcast also posted stronger-than-forecast earnings and revenue. "I wouldn't be surprised if higher spending and lower margins are a theme with tech companies as regulations ramp up".
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So far, 24 per cent of S&P 500 companies have reported first-quarter results, with 77.1 per cent coming in above the Street consensus, versus the 64 per cent average since 1994.
Asia-Pacific stocks were broadly lower Wednesday following sizable declines on Wall Street as the yield on the 10-year U.S. Treasury note hit 3%.
Allison Mack released on bail; faces sex trafficking charges
In addition to her tweets directed towards the Beauty and the Beast star, Mack also tried to get the attention of Kelly Clarkson . The women in the group were allegedly known as slaves, kept on emaciating diets and sometimes presented to Raniere for sex.
"One of the benefits of the incessant fall in interest rates has been a continued shift towards stock markets, which became the only game in town", said Joshua Mahony, Market Analyst at IG. Earlier this month, JPMorgan CEO Jamie Dimon suggested a sharp rise in interest rates to halt economic growth and increase unemployment. The S&P/Case-Shiller index rose a seasonally adjusted 0.5% and was up 6.3% compared with a year ago in February.
In Tokyo, the Nikkei 225 closed at 22,215, down 63 points while in Hong Kong the Hang Seng index tumbled 308 points to 30,828.
Chain's Shanghai Composite was off 0.4%. At last check, London's FTSE 100 and the French CAC 40 are each 0.7% lower.
Delhi Daredevils vs Kings XI Punjab IPL 2018
Put in to bat, the visitors received the early blow when Avesh dismissed opener Aaron Finch (2) in the second over. Kings XI had left out Chris Gayle and the opening pair of Aaron Finch and KL Rahul failed to get going for them.
According to the arrest report, Garcia continued to resist efforts to move him from the aircraft to a police vehicle. A man was hit with a Taser on an American Airlines flight after he allegedly fondled a female passenger.
Randal Grichuk struck out for the third time in the game and the catcher Luke Maile flew out to left to end the inning. He's 0-0 with eight strikeouts and a 7.20 ERA against NY this year (five starts).
Eight years into the Syrian conflict, the humanitarian situation continues to deteriorate in the region. This was more than just a donor summit. "That power shift is going to push donors towards development".
The businessman shared a selfie shortly after takeoff that showed a freshly sprung Mill flashing a smile and a peace sign. Louis airport in March, and again in August for recklessly driving his motorcycle in NYC.
While the Directorate General of Civil Aviation has initiated a probe into the incident, Air India is yet to issue any statement. The incident took place in the Boeing 787 Dreamliner (VTANI) soon after take off from Amritsar to Delhi on April 19.
Facebook has recently been grappling with backlash for how it handled the data breach scandal involving Cambridge Analytica. The guidelines apply to every country in which Facebook operates, and have been translated into more than 40 languages.
Witnesses say he was injured when a fight broke out between Roma and Liverpool fans outside a pub shortly before kick-off . This is a player whose place on the podium of the world's best is undeniable at the moment.
A Saudi-led coalition airstrike last week killed the top civilian leader in the Houthi movement in Yemen , the group said. Medics and residents said more than 30 others were injured in the attack in the Bani Qais district in northern Yemen.
West also made media waves in November 2016 when he told an audience in San Jose, California, that he would have voted for Mr. Kanye's support for Owens' worldview caused a stir on social media. "Their goal is to stigmatize".
On Xbox 360 (and Xbox One via Backward Compatibility) players can download a copy of Streets of Rage from May 1st until May 15th. May's Selection of games is definitely solid, and many are saying it is one of the best months the service has offered.
King Salman's palace in Riyadh, Saudi Arabia on Saturday was attacked by a drone which was later shot down. Reports confirmed that King Salman was not inside the palace during the incident.
Russia Hints It May Provide Advanced Air Defenses To Syria
Russian diplomats said that they plan to bring evidence of this to the Organization of the Prohibition of Chemical Weapons . They repeatedly blamed the rebels and opposition activists for possessing and deploying chemical weapons .
Princess Charlotte has just made royal history
THE world is eagerly awaiting a name reveal for the new royal baby as tongues continue to wag over what it will be. Adoring fans said that the young princess was "legit the cutest thing ever" and that she could be the next Diana.
YouTube report shows 8.3 million videos were removed in Q4
YouTube notes that parents who do not want access to the new features will be able to keep the current version of YouTube Kids . Parent need to go into "Profile" settings, and select from available collections such as Sesame Workshop and PBS KIDS .
Asus ZenFone Max Pro M1 Launched in India for Rs. 10999
Also, comment down if you want to see a dedicated camera comparison between the Redmi Note 5 Pro and the Zenfone Max Pro . The more recent Zenfone Max Pro features a narrower 5.99-inch FHD+ display with a resolution of 2160 x 1080 pixels.
Timberwolves sink Rockets 121-105 in Game 3
Harden had a frightful shooting performance in Game 2 (2-of-18 from the floor), but Paul starred with 27 points and eight assists. The Rockets will need Gordon - or another breakout performance from Gerald Green - in order to reclaim control of this series.