Saturday, 18 November, 2017

S&P, Nasdaq hit record on gains in tech, financials

Rovio Angry Birds app maker on a mobile Rovio Entertainment maker of the Angry Birds game app Source
Lori Graves | 30 September, 2017, 15:51

In oil markets, Brent crude traded about half a percent lower around $56.90, while US crude traded slightly lower near $51.42. The Nasdaq Composite Index increased 42.51 points, or 0.66 percent, to 6,495.96. The S&P is the only one to make a record close.

For the week, the blue-chip Dow rose 0.2 percent, and the broader S&P 500 gained 0.7 percent, while the tech-heavy Nasdaq jumped 1.1 percent.

In Europe, the pan-European Stoxx-600 index was around 0.03 percent.

"Rates and equities have priced in the current Fed regime continuing, which is a relatively sanguine path for the economy", said Shehriyar Antia, chief market strategist at Macro Insight Group in NY.

Netflix Plans $400 Million Investment in Canadian Originals
Canadian broadcasters also must fulfil a quota of Canadian content on air, which streaming services are not required to match.

Kids (and Twins) May Want to Pass on iPhone X Face ID
As for what's going right with Face ID , beyond the massive demand it seems to be helping to fuel, there are a few items of note. Numbers representing all the beams, taken together, create a mathematical expression of the unique contours of the user's face.

Mayor issues 'SOS' as Puerto Ricans scramble to help most vulnerable
The official said a request from a member of Congress is not the usual pathway from which it gets waiver requests. Rossello said his administration has talked to members of Congress from both parties. "And that is critical".

"You see the market giving back a bit from yesterday, it's taking some profits off the reflation move", said Jeff Zipper, managing director at the U.S. Bank Private Client Reserve in Palm Beach, Florida.

"Armenpress" reports the value of Dow Jones up by 0.18% to 22381.20 points, S&P 500 up by 0.12% to 2510.06 points, Nasdaq stood at 6453.45 points.

The S&P and the Dow were set to record eight straight quarters of gains, while the Nasdaq was on track for five.

The Dow rose 40.49 points or 0.18% to 22381.20. The stock was the biggest gainer on the S&P.

Recommended

  • Volkswagen to take €2.5bn hit from emissions scandal

    Volkswagen to take €2.5bn hit from emissions scandal

    The company said the extra charge is because engines are proving "far more technically complex and time consuming" to adapt. On Wednesday, police in Munich arrested former Volkswagen engineer Wolfgang Hatz in connection with the case.
    Grounded: Ryanair cancels flights of another 400000 customers

    Grounded: Ryanair cancels flights of another 400000 customers

    It said it expected the cost of the free flight vouchers issued to affected customers to cost it around €25m. Analysts welcomed Ryanair's decision not to pursue its interest in Alitalia.
    According to John Boyega, this is Star Wars Battlefront 2

    According to John Boyega, this is Star Wars Battlefront 2

    During the beta testing two options: a 10-on-10 team battle with AI allies and enemies together with a Hero vs. many scenario. Those who pre-order Star Wars Battlefront II: Elite Trooper Deluxe Edition will be able to play starting November 14.
  • United Nations  warns companies about doing business in Israeli settlements

    United Nations warns companies about doing business in Israeli settlements

    Friedman explained that a new Israeli-Palestinian peace plan is in the works, and will be presented in the coming months. The Israeli leader was referring to Israel's pullout from Gaza in 2005.
    Construction begins on Mexican border wall prototypes

    Construction begins on Mexican border wall prototypes

    San Diego police and the county sheriff's department have helped set up a "free speech zone" nearby for people to demonstrate. Which is not to say the president hasn't called them "walls", anyway, as he did during a rally in Phoenix last month.
    Arsenal 2 West Brom 0: Tony Pulis accused Alexis Sanchez of 'cheating'

    Arsenal 2 West Brom 0: Tony Pulis accused Alexis Sanchez of 'cheating'

    Jay Rodriguez got up quickly after being brought down by Shkodran Mustafi to have an effort on goal. Sanchez actually dives for the first free-kick and he should be booked for diving.
  • New UKIP leader is Henry Bolton from Kent

    New UKIP leader is Henry Bolton from Kent

    Independent Party on Friday elected Henry Bolton as its new leader after Paul Nuttall stepped down in June. Phil Hornby spent the day on the English Riviera, and watched the build-up to an unexpected result.
    Delta Offers Free In-Flight WhatsApp, iMessage, And Facebook Messenger Use

    Delta Offers Free In-Flight WhatsApp, iMessage, And Facebook Messenger Use

    But the service is only available for text use and does not support sending photo or video files, according to a Delta statement. Delta said free messaging will be available on all Gogo-enabled Delta flights, including all aircraft with two or more cabins.
    Shekel weakening after Yellen boosts dollar

    Shekel weakening after Yellen boosts dollar

    ET is a report on USA consumer confidence, which is expected to show it fell to 120 in September from 122.9 in August. In other commodities, the Brent crude oil spot price gained 0.14% to $58.61 per barrel as of 04:35 BST.
  • Sensex, Nifty50 extend gains amid a buying spree by domestic investors

    Sensex, Nifty50 extend gains amid a buying spree by domestic investors

    The BSE Midcap and BSE Smallcap indices closed 0.77 per cent and 0.90 per cent higher respectively. The Sensex was down by 439.95 points or 1.39 percent at the Wednesday's closing.
    Roku to make $219m debut

    Roku to make $219m debut

    The offering will raise $126 million in funding for Roku , while giving existing shareholders of the company roughly $93 million. Roku stock is soaring for its Wall Street debut. "There's too much money chasing too few good ideas", Smith said.
    Stricker says United States  golf team to stand during national anthem

    Stricker says United States golf team to stand during national anthem

    Another US star Rickie Fowler is an advocate of free speech but agreed that the national anthem should be respected. Jack Nicklaus believes the Presidents Cup is close to gaining the level of prestige afforded to the Ryder Cup.

Mattis arrives in Afghanistan as rockets hit Kabul airport Mattis arrives in Afghanistan as rockets hit Kabul airport Speaking to reporters traveling with the secretary, a US military official said the Afghan conflict is at a "stalemate". Mattis was not at the airport at the time of the attack but was meeting with Afghan President Ashraf Ghani in Kabul.

Bali Volcano: More than 1,44000 people evacuated in wake of an eruption Bali Volcano: More than 1,44000 people evacuated in wake of an eruption The people who have been evacuated have been housed in hundreds of shelters across nine districts on the island. Volcanologists already raised the threat level to 4-the highest possible level-on September 22.

South Korea bans raising money through initial coin offerings South Korea bans raising money through initial coin offerings The risk for cryptocurrency boosters is that the Chinese and Korean decisions could become a template for the rest of the world. Swiss ICOs have largely been run by foundations based in Zug, Switzerland's "Crypto Valley".

Tom Price Says He Thinks He Still Has Trump's Confidence Tom Price Says He Thinks He Still Has Trump's Confidence On a June trip to Nashville, Price also had lunch with his son, who lives in that city, according to Politico . Price then said he would end the practice until the HHS inspector general finished his review of the trips.

Barcelona focusing on football, not independence Barcelona focusing on football, not independence Students, like many other supporters of the vote, have defied the crackdown, saying they would occupy schools and universities that could be used as polling stations.

5 civilians wounded in rocket attack Kabul airport 5 civilians wounded in rocket attack Kabul airport Mattis' unannounced visit was his first trip to the country since President Trump announced a new Afghan strategy late last month. The U.S. statement said the insurgents also detonated suicide vests, "endangering a great number of civilians".

Google Shopping to compete with other retailers for top search slot Google Shopping to compete with other retailers for top search slot Google presented its plans to the commission at the end of August but did not make them public until Wednesday. As well as changing its shopping service business, Google has also lodged an appeal against the original fine.

Indonesia ready to divert tourists as Bali volcano rumbles Indonesia ready to divert tourists as Bali volcano rumbles The United States and Australian governments have issued travel warnings to all those thinking of traveling to Bali . Five mobile sirens have been installed in the danger zone to warn residents in the event of an eruption .

FDA warns of possible drug shortages following Hurricane Maria in Puerto Rico FDA warns of possible drug shortages following Hurricane Maria in Puerto Rico But it has made the price of goods in Puerto Rico more expensive than those on the U.S. mainland or other Caribbean islands. Cargo ships are stuck in port waiting to be offloaded, but supplies have nowhere to go, The Wall Street Journal reported .

Airports experiencing major disruptions due to computer glitches Airports experiencing major disruptions due to computer glitches Changi Airport did not comment on whether all airlines that experienced network issues use the Amadeus Altea software. Thousands of air passengers were grounded on September 28 across the globe after computer check-in systems crashed.

Siemens and Alstom announce rail merger to form 'European champion' Siemens and Alstom announce rail merger to form 'European champion' By Joe Quirke0 CommentsGerman conglomerate Siemens are to merge their mobility business with French rail company Alstom. Alstom shares jumped as much as 8.5 percent and Siemens rose 2 percent as analysts focused on the cost savings.

Teen Killed, Another Critical in Stabbing at School in New York City Teen Killed, Another Critical in Stabbing at School in New York City It houses P.S. 67 as well as in the Urban Assembly School for Wildlife Conservation, which serves 6th through 12th graders. Both students were transported to Saint Barnabas Hospital where the 15-year-old boy later died.

House Probes Russian Ads Seeking to Influence Energy Markets House Probes Russian Ads Seeking to Influence Energy Markets Facebook chose to take this significant step last week after suspecting that these ads were linked to Russian Federation . Trump accused Facebook and the New York Times for conspiring against him.

North Korea strenthening defenses amid heightened rhetoric The Pentagon said the mission showed how seriously President Donald Trump took North Korea's "reckless behaviour". USA analysts now say North Korea may have as many as 60 nuclear weapons, according to a Washington Post report.

Robben mocks PSG ahead of Bayern Champions League game Robben mocks PSG ahead of Bayern Champions League game The Champions League is where PSG have struggled in recent years. "He brought his experience to a club that did not have much".