us stocks eke out new records for fifth straight session
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

US stocks eke out new records for fifth straight session

Egypt Today, egypt today

Egypt Today, egypt today US stocks eke out new records for fifth straight session

Traders work on the floor of the New York Stock Exchange (NYSE)
New York - AFP

US stocks set fresh records for the fifth straight session Tuesday, but just barely, amid holiday-dampened trade.
The Dow Jones Industrial Average was up a scant 1.16 point (0.01 percent) at 17,614.90, and the broad-market Standard & Poor's 500 edged up 1.42 (0.07 percent) to 2,039.68.
Both the Dow and the S&P had scored records in the prior four sessions.
The tech-rich Nasdaq Composite outpaced the other major benchmarks, rising 8.94 (0.19 percent) to 4,660.56.
Volume was light on the Veterans Day holiday; the bond market was closed.
"The US equity markets, seemingly lacking a catalyst, traded in a relatively tight range around the flatline before ultimately closing with minimal gains," said Charles Schwab in a market note.
Health-related stocks were strong performers. On the Dow, UnitedHealth Group led the blue chips with a nearly one percent gain, followed close behind by Merck.
Financials were under pressure. Dow members JPMorgan Chase dropped 0.9 percent and American Express shed 0.7 percent.
Chinese e-commerce giant Alibaba reported $8 billion of goods were sold so far through its online payment arm Alipay in its first global Singles Day promotion on Tuesday, with more than three hours to go before the end of the promotion at midnight.
Shares in Alibaba, which completed the world's largest stock offering in September, tumbled 3.9 percent.
DR Horton, one of the largest US home builders, reported fiscal fourth-quarter earnings of $166.3 million that missed estimates, but higher revenues on stronger home prices. Shares jumped 2.2 percent.
Ford Motor advanced 2.6 percent after launching its new F-150 pickup truck, made with an aluminum alloy body and bed to improve fuel efficiency.
Zynga zoomed 10.9 percent after an upgrade from Jefferies. The social gaming company last week reported solid third-quarter earnings and strong growth in mobile bookings.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us stocks eke out new records for fifth straight session us stocks eke out new records for fifth straight session



GMT 09:45 2021 Friday ,21 May

test

GMT 13:45 2017 Thursday ,09 March

Aubameyang hat-trick leads Dortmund into last eight

GMT 09:09 2017 Wednesday ,19 April

Braille reading contest winners honoured

GMT 15:15 2016 Saturday ,27 February

Armani goes back to black, Black Gold makes comeback

GMT 09:12 2017 Friday ,29 December

Ragheb issues new song with Egyptian accent

GMT 11:44 2011 Friday ,10 June

Builders flock to Makkah to tap pilgrimage boom

GMT 20:49 2017 Sunday ,19 March

UN envoy leaves Cairo

GMT 22:46 2017 Saturday ,16 December

Jordanian journalist happy of her career

GMT 09:42 2017 Monday ,25 September

China rust belt opens door wider to foreign investors
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday