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US futures pointed to firmer open on Wall Street on Friday following a downbeat close the day before, as investors put aside their concerns about a possible government shutdown ahead of a key Senate vote. At 1215 GMT, Dow Jones Industrial Average and S&P 500 futures were up 0.3% and 0.4%, respectively, while Nasdaq futures were 0.5% higher.
London stocks were boosted by midday on Friday by a fall in the pound, which slipped following the release of disappointing retail data that added to the sector's woes alongside a profit warning from Carpetright. The FTSE 100 was up 0.3% to 7,723.66 as the pound fell 0.2% against the dollar to 1.3873 and 0.3% versus the euro to 1.1315.
London stocks were set to edge lower at the open on Friday, taking their cue from a negative close on Wall Street as investors eyed UK retail sales figures. The FTSE 100 was expected to open six points lower at 7,694.
Losses among Boeing, General Electric and other big industrial companies weighed on US stocks on Thursday, pulling the market below the record highs it set the day before. Technology companies accounted for the biggest gains.
Northrop Grumman and AeroVironment are both industrials companies, but which is the better stock? We will compare the two companies based on the strength of their earnings, risk, valuation, profitability, institutional ownership, dividends and analyst recommendations. Northrop Grumman currently has a consensus target price of $302.54, suggesting a potential downside of 4.71%.
Sunday marked my 50th wedding anniversary, so I tend to notice events that happen on January 14. It was on that date in the year 2000 that the Dow Jones Industrials peaked at 11,722.98, a number that would not be eclipsed for nearly seven years. That Friday, January 14, 2000 was a giddy time for big stocks on Wall Street, as Glaxo-Wellcome offered to acquire SmithKlineBeecham for $75.7 billion in stock.
Volatility awaits shares of U.S. construction, engineering, building materials and other companies tied to infrastructure spending, but steel-nerved investors could be poised for gains if they weather a few bumps. The stocks are set to be in focus in the coming weeks as President Donald Trump seeks legislation geared at overhauling the country's aging roads, bridges and other infrastructure, fresh off passage of a tax reform bill by his Republican party.
Asian stock markets were lower on Thursday after Wall Street posted i... . Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 11, 2018.
As expectations for inflation heat up, the December consumer-price index set for release on Friday will command the attention of investors looking to gauge whether the bond market's expectations for higher price pressures will pan out, or fizzle in its usual style. For much of 2017, the 2% inflation goal has remained elusive despite the tightest labor market in decades, leading the Federal Reserve and Chairwoman Janet Yellen to describe its absence last year as a puzzle.
An electronic screen at the New York Stock Exchange displays the Dow Jones industrial average above 25,000, Thursday, Jan. 4, 2018. An electronic screen at the New York Stock Exchange displays the Dow Jones industrial average above 25,000, Thursday, Jan. 4, 2018.
On December 17, 2014, then-President Barack Obama announced that the United States would restore its international relations with Cuba. In addition to many expected diplomatic consequences, the decision had an odd effect: boosting the popularity of a small, closed-end fund that trades as CUBA.
The Dow Jones industrial average surged past 25,000 Thursday, a strong signal of investor enthusiasm for President Donald Trump's $1.5 trillion tax cut. The milestone comes less than a year after the Dow topped 20,000.
U.S. Treasury yields rose on Tuesday in line with European government yields after comments from a European Central Bank official who said the central bank's massive bond purchase program might not continue later this year. Benoit Coeure, the ECB board member who oversees its market operations, told Caixin Global, a Chinese financial magazine that he sees "a reasonable chance" the 2.55 trillion euros stimulus program will not be extended again when it expires in September.
President Donald Trump seems determined to ignore the small print disclaimer that brokers use to warn investors eying a bumper return - stocks can go down as well as up. Trump has made the rollicking year on Wall Street a centerpiece of his political message, repeatedly taking credit for the bull run, as if he personally steered the Dow Jones industrial average through a year of smashed record highs.
Asian indexes were mixed Wednesday in quiet holiday trading after oil prices erased some of i... . A delivery man pushes a cart past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Dec. 27, 2017.
Shareholders of record on Friday, December 22nd will be given a dividend of 0.2616 per share by the exchange traded fund on Thursday, December 28th. This represents a $3.14 annualized dividend and a yield of 2.52%.
London stocks rose in early trade on Tuesday following record highs on Wall Street on the back of optimism over the tax reform bill, although gains were muted as the Christmas lull began to set in. On Monday, the Nasdaq, Dow Jones and S&P 500 all notched record highs again as investors grew increasingly hopeful that the US tax reform bill will be passed in the coming days.
The dollar held modest gains against its peers on Monday, having received a lift after U.S. tax reform efforts moved another step closer to ratification over the weekend. The U.S. currency had edged higher after Republicans on the House-Senate negotiating committee on Friday put the finishing touches on a sweeping tax overhaul that involves large corporate tax cuts.
U.S. stocks moved broadly higher in afternoon trading Friday, erasing modest losses from the day before and placing the major indexes on course for new highs.