U.S. markets are mixed as they come out of the lunch hour, with the battered technology sector taking the lead today as investors take profits from other areas of the market.
Near the end of the lunch hour the S&P 500 is trading near its session low with a loss of 0.31%. The Dow is likewise trading near a session low as it has fallen 0.44%. The Nasdaq is being supported by the gains from technology
As shown by official data released today, the unemployment rate in the UK unexpectedly fell in September, despite the higher than expected increase in the number of applicants for unemployment benefits in October, while wage growth has not met expectations.
The Office for National Statistics said that UK unemployment rate in the three months through September fell to 4.8%, although the forecast said it would remain unchanged at 11-year low of 4.9%.
The US stock market closed Tuesday trading higher due to the strengthening of the oil and gas, telecommunications and utilities sectors.
At the close on the New York Stock Exchange, Dow Jones rose 0.29%, reaching a historic high, S&P 500 index rose 0.75%, and NASDAQ Composite Index rose 1.10%.
The leaders of growth among the Dow Jones index components were the shares of Verizon Communications Inc. (NYSE: VZ), which rose 1.19 p (2.58%), closing
The Dow Jones started the session at record high levels as stocks and futures are further benefiting from Donald Trump’s election victory. Dow Jones registered the biggest gain since December 2011 and jumped to 18,918.68 on opening before slipping back.
Financial stocks helped the rally, with Goldman Sachs and JP Morgan among the biggest gainers. The broader S&P 500 index added 2.16 points to 2,166.61.
Shares in automotive electronics-maker Harman International Industries jumped by a quarter
European stocks and futures snapped a two-day dropping pattern as miners and banks rallied amid growing investors optimism that U.S. President-elect Donald Trump will spur growth in the world’s biggest economy.
RWE AG jumped 1.6 % after posting earnings. Novartis AG gained 1.3 % after people familiar with the matter, reported the Swiss health-care company.U.K. stocks leaped in today’s session, with financial shares among the advancers, as the pound pulled back from a rally spurred by
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