Tech is leading the stock market rebound

Tech is leading the stock market rebound

Tech is leading the stock market rebound

BP shares fell 7.05p to 475p as investors focused disappointing fourth quarter results, which showed a replacement cost (RC) loss for the fourth quarter at 583 million dollars (£417 million), sinking from a 72 million dollars (£51.5 million) profit during 2016. Exxon Mobil (XOM) fell 3.5 percent. The yield on the 10-year Treasury note rose to 2.75 per cent from 2.71 per cent. Since other economic research suggests the 4 percent figure might be too low, it is likely the figure is about right. Less than a week after Donald Trump used stock market growth as an argument for his economic policies, the Dow Jones and other indicators took a plunge in the most recent two trading days.

The highest bond yields in years are making bonds more appealing to investors compared with stocks.

The Dow closed at 24,345.75. By early afternoon, the Dow had pared its gains and was up less than 100 points.

What is the stock market telling us with its precipitous drop over the last several days? The Nasdaq climbed 148, or 2.1 percent, to 7,115.

Still, the Dow's precipitous drop created a climate of uncertainty in global markets. By Tuesday, it was once again slightly higher for 2018.

Wholesale gasoline lost 4 cents to $1.81 a gallon.

Both the S&P 500 and the Dow Industrials slumped more than 4 per cent on Monday, their biggest falls since August 2011. The selling spread to overseas markets.

The S&P 500 also opened lower but quickly bounced back and was up 16 points just before 10 a.m.

Few people pay current bills and expenses from their stock market accounts.

He did keep an eye on the market's performance during his congressional testimony Tuesday morning.

He added that "this time around, we have Blue Friday followed by Black Monday".

Читайте также: 6N: Wales unchanged for England at Twickenham

Monday's move was a break from many months of relative calmness and left market participants grappling with an implosion of products that bet against volatility. "I think the fundamentals are quite strong".

Asian markets, on the other hand, have benefitted from record low USA interest rates in the last decade because money has flowed into Asia in search of stronger returns.

US stocks went on another bumpy ride on Wall Street, dropping sharply in early trading before recovering their losses by lunch time. We'll be in a "bear" market if losses reach 20 percent. At its worst on Monday, the Dow was down more than 1,500 points. That came at the end of a day of huge swings for the market. Evidence of higher wages was "whacking" global markets last week, while higher bond yields threatened to "topple" a multiyear rally.

In Toronto, the S&P/TSX composite index was lower by 0.7 per cent at 15,222 points - marking its seventh consecutive day of declines.

Fourth-quarter earnings in the S&P 500 are expected to grow 14 percent, according to Thomson Reuters estimates.

The drop in early trading Tuesday marked the third straight day of steep declines.

If the economy gets much stronger, it could touch off inflation, which has been mysteriously missing for the nine years of the post-crisis recovery.

The swoon began Friday as investors anxious that accelerating inflation and higher interest rates could derail the market's record-setting rally.

Bond investors are pricing in higher inflation than the United States has experienced in recent years, but roughly in line with the 2 percent the Federal Reserve aims for.

The Standard & Poor's 500 index was down 8 points, or 0.3 percent, at 2,639.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2018 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог

Recommended News

  • 'I'd Love' Another Government Shutdown Over Immigration

    'I'd Love' Another Government Shutdown Over Immigration

    Without borders we don't have a country. "If we have to shut it down because the Democrats don't want safety.then shut it down. He noted extension of the Deferred Action for Childhood Arrivals program was "beyond what anyone could have imagined".
    Kelly: 'I Doubt Very Much' Trump Will Extend DACA Deadline

    Kelly: 'I Doubt Very Much' Trump Will Extend DACA Deadline

    Outside advisers reportedly say that Trump wishes he had Rudy Giuliani head up the State Department while Chris Christie became Attorney General.
    Lakers break Oklahoma City jinx

    Lakers break Oklahoma City jinx

    Steven Adams , a usual hound down low, grabbed only two offensive boards, his lowest single-game total in nearly a month. I mean throughout the season there are going to be a lot of ups and downs, but we never flinch. "But never flinch.
  • Nintendo reveals the truth about Toad's head, puts internet into meltdown

    Nintendo reveals the truth about Toad's head, puts internet into meltdown

    Super Mario Bros .is one of those pop culture phenomenons that the majority of people a certain age will always love revisiting. Unless the next 3D Mario game lets us decapitate the little guy, chances are we'll never find out.
    Tom Brady Ridiculed For Dropping Pass

    Tom Brady Ridiculed For Dropping Pass

    If the Patriots had won Super Bowl LII, he would have been a lock to win not just NFL MVP, but the Super Bowl MVP award as well. Butler, the team's Super Bowl XLIX hero, played only on special teams in a move that Bill Belichick said wasn't disciplinary.
    Players go on the offensive in MLB's brewing labor war

    Players go on the offensive in MLB's brewing labor war

    The MLB sent a memo noting the available free agents have "nine-figure offers", which angered Boras. Top free agents, including Yu Darvish, Jake Arrieta, Eric Hosmer, Mike Moustakas and J.D.
  • Pink shuts down haters after Super Bowl national anthem

    Pink shuts down haters after Super Bowl national anthem

    The top market for Eagles-Patriots was Buffalo (56.4), followed by Philadelphia (56.2), Boston (55.9), Minneapolis-St. The episode spiked 80 percent from the show's previous high of 9.0 for the season one finale last March.
    Olympic Boxing In Precarious Position - Could Be Banned In 2020

    Olympic Boxing In Precarious Position - Could Be Banned In 2020

    The decision by CAS, based in Lausanne, Switzerland, was also criticized by the lawyer of former Russian anti-doping official Dr. The IOC initially allowed 169 Russian athletes - to be labeled Olympic Athletes from Russia - to compete in the Games.
    Ozzy Osbourne Announces Final Solo World Tour

    Ozzy Osbourne Announces Final Solo World Tour

    Ozzy's decision to step back from touring comes less than a month after fellow star Sir Elton John made a similar announcement. For complete presale details visit citiprivatepass.com. "People keep asking me when I'm retiring", Osbourne said.
  • 'I'd like to see shutdown' if Dems don't do immigration deal

    'I'd like to see shutdown' if Dems don't do immigration deal

    But his remarks on Tuesday could flip that script, making the president responsible for any future budget impasse. Word out of the mainstream media is that this is all the fault of Republicans and/or President Trump .
    Road rage turns deadly for Congress worker

    Road rage turns deadly for Congress worker

    The police said the suspects are absconding, adding that footage from a nearby CCTV camera is being scanned. In a fit of rage, driver of the other vehicle shot the Congress worker on chest, injuring him severely.
    White House has Democrats' memo in Russia probe

    White House has Democrats' memo in Russia probe

    The Texas Republican said he believes the memo has nothing to do with special counsel Robert Mueller's investigation. Page had stopped advising Trump's campaign sometime around the end of that summer.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.