NYSE Dow Jones finished today at:

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed LOWER ▼ -12.53 points or ▼ -0.07% on Thursday, October 6, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,268.50 ▼ -12.53 ▼ -0.07%
Nasdaq____ 5,306.85 ▼ -9.17 ▼ -0.17%
S&P_500___ 2,160.77 ▲ 1.04 ▲ 0.05%
30_Yr_Bond____ 2.46 ▲ 0.02 ▲ 0.99%

NYSE Volume 3,433,031,500
Nasdaq Volume 1,608,478,380

Europe
Symbol... .....Last ….....Change.......
FTSE_100 6,999.96 ▼ -33.29 ▼ -0.47%
DAX_____ 10,568.80 ▼ -16.98 ▼ -0.16%
CAC_40__ 4,480.10 ▼ -9.85 ▼ -0.22%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,564.80 ▲ 27.80 ▲ 0.50%
Shanghai_Comp 3,004.70 ▲ 6.22 ▲ 0.21%
Taiwan_Weight 9,284.31 ▲ 12.03 ▲ 0.13%
Nikkei_225___ 16,899.10 ▲ 79.86 ▲ 0.47%
Hang_Seng.__ 23,952.50 ▲ 164.19 ▲ 0.69%
Strait_Times.__ 2,885.22 ▲ 3.43 ▲ 0.12%
NZX_50_Index_ 7,197.29 ▼ -73.87 ▼ -1.02%

http://finance.yahoo.com/news/stocks-turn-broadly-lower-giving-gains-day-142826870.html

Stocks end mixed after clawing back from broad losses

NEW YORK (AP) ”” Stocks recovered from a broad decline to end mixed on Thursday, a day ahead of a key jobs report.

The market fell from the start, then drifted between gains and losses for much of the afternoon. Yields on Treasury bonds rose again, and the price of oil climbed past $50 a barrel for the first time since June.

By the end of trading, seven of the 11 sectors of the Standard and Poor's 500 index rose, led by suppliers of basic materials. Health care companies and phone companies led the decliners.

The S&P 500 inched up 1.04 points, or 0.05 percent, to 2,160.77. The Dow Jones industrial average fell 12.53 points, less than 0.1 percent, to 18,268.50. The Nasdaq composite slipped 9.17 points, or 0.2 percent, to 5,306.85.

A report showing a low number of Americans seeking jobless benefits last week added to recent data suggesting that the economy is strengthening and that the Federal Reserve is likely to raise interest rates soon. Super-low rates have helped fuel the seven-year bull market.

Investors reacted just as they did to solid numbers on the manufacturing and service sectors earlier in the week: They sold Treasury bonds, sending yields up. The yield on the 10-year note rose to 1.74 percent from 1.71 percent on Wednesday, and is now up nearly two tenths of a point in a week, a big move.

Still, stocks investors generally showed little conviction, with none of the industry groups of the S&P 500 moving more than 0.8 percent in either direction.

"Interest rates, presidential elections ... there is a lot of uncertainty," said Jonathan D. Corpina, senior managing partner at Meridian Equity Partners. "Portfolio managers are still waiting to see how to position themselves."

On Friday, investors will get a clue on how quickly rates may rise when a report on the number of jobs created last month is released.

In stocks making moves on Thursday, Twitter plunged $5, or 20 percent, to $19.87 on reports that some companies that were believed to be interested in buying it will not. Rumors of a deal had sent Twitter up 33 percent in the 11 trading days through Wednesday.

Mylan slumped $1.19, or 3 percent, to $36.84 following reports the company overcharged Medicaid over five years for its EpiPen allergy treatment.

Wal-Mart fell $2.31, or 3.2 percent, to $69.36 after the world's largest retailer said it expects no earnings per share growth in its next fiscal year and will slow its store expansion plans.

Investors will turn their attention to the start of corporate earnings next week. Companies in the S&P 500 are expected to report that earnings per share fell 2 percent in the third quarter compared to the year earlier period, according to FactSet, a data provider. That would mark the sixth quarter in a row in declines.

That is a remarkable development given that stocks are near record highs, though many investors expect this so-called earnings recession to end in the fourth quarter this year.

James Abate, chief investment officer of Centre Asset Management, is not one of them.

"The stock market is increasingly becoming detached from the underlying trend in earnings," he said. Investors, he added, are far too optimistic.

In currency markets on Thursday, the dollar continued its climb. It rose to 104.14 yen, its highest level in a month, from 103.64 yen. The euro slipped to $1.1141 from $1.1212.

In European trading, Germany's DAX and France's CAC-40 each shed 0.2 percent. Britain's FTSE 100 slipped 0.5 percent.

The British pound continued to drop on concerns that the country is moving ahead with its decision to the leave the European Union and could exit the bloc's tariff-free single market. The pound fell 0.8 percent to $1.2608, its lowest level since the June 23 vote to leave the EU.

U.S. benchmark crude oil rose 61 cents to close at $50.44 a barrel in the New York, its first close above $50 a barrel since June 23.

Brent crude, the international standard, rose 65 cents to close at $52.51 a barrel in London. Wholesale gasoline edged up less than 1 cent to $1.50 a gallon, heating oil rose 1 cent to $1.60 a gallon and natural gas rose less than 1 cent to $3.05 per 1,000 cubic feet.

The price of gold slumped $15.60 to $1,253 an ounce, silver fell 35 cents to $17.35 an ounce and copper lost 1 cent to $2.16 a pound.

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed LOWER ▼ -28.01 points or ▼ -0.15% on Friday, October 7, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,240.49 ▼ -28.01 ▼ -0.15%
Nasdaq____ 5,292.40 ▼ -14.45 ▼ -0.27%
S&P_500___ 2,153.74 ▼ -7.03 ▼ -0.33%
30_Yr_Bond____ 2.47 ▲ 0.01 ▲ 0.33%

NYSE Volume 3,570,920,250
Nasdaq Volume 1,607,327,880

Europe
Symbol... .....Last ….....Change.......
FTSE_100 7,044.39 ▲ 44.43 ▲ 0.63%
DAX_____ 10,490.86 ▼ -77.94 ▼ -0.74%
CAC_40__ 4,449.91 ▼ -30.19 ▼ -0.67%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,548.50 ▼ -16.30 ▼ -0.29%
Shanghai_Comp 3,004.70 ▲ 6.22 ▲ 0.21%
Taiwan_Weight 9,265.81 ▼ -18.50 ▼ -0.20%
Nikkei_225___ 16,860.09 ▼ -39.01 ▼ -0.23%
Hang_Seng.__ 23,851.82 ▼ -100.68 ▼ -0.42%
Strait_Times.__ 2,875.24 ▼ -9.98 ▼ -0.35%
NZX_50_Index_ 7,167.81 ▼ -29.48 ▼ -0.41%

http://abcnews.go.com/Business/wireStory/stocks-fall-wall-street-heads-weekly-decline-42650253

Stocks End Lower to Cap First Weekly Loss in a Month

By bernard condon, ap business writer

Stocks ended slightly lower on Wall Street on Friday, giving the market its first weekly decline in a month.

The market edged up in early trading after a much anticipated report on hiring last month showed decent gains. It quickly turned lower and remained down for the rest of the day. Suppliers of basic materials and industrial companies lost the most.

The government reported that employers hired last month at a slower pace than forecast, but not slow enough to signal the economy is in trouble. That might have taken a widely anticipated interest rate hike later this year by the Federal Reserve off the table.

Bonds were little changed on the news. The yield on 10-year Treasury notes slipped to 1.72 percent from 1.74 percent.

Real estate and phone companies continued to long decline. Once favored by investors for their relative stability and steady dividends, they have become less attractive at the prospect of higher interest rates. Real estate companies lost 5 percent during the week, and phone companies slumped 3.8 percent.

"Everything that everyone had been buying for safety has gone down this week, and it's gone down big," said John Fox, chief investment officer of Fenimore Asset Management. "You have an unwinding of the low-rate trade."

The Dow Jones industrial average fell 28.01 points, or 0.2 percent, to 18,240.49. The Standard & Poor's 500 index lost 7.03 points, or 0.3 percent, to 2,153.74. The Nasdaq composite declined 14.45 points, or 0.3 percent, to 5,292.40.

Industrial companies were dragged down in part by Honeywell International, which lowered its earnings forecast. The company put out a press release citing lower shipments to aviation equipment makers and delays in its military and space businesses, among other things. Honeywell closed down $8.67, or 7.5 percent, to $106.94.

The jobs report showed that U.S. employers added 156,000 jobs last month, a decent gain but slightly below market expectations. Jobs growth has averaged 178,000 a month so far this year, down from last year's pace of 229,000.

Most investors expect the Fed to raise rates in December. It has held them near zero since 2008, a factor that many market watchers cite as a key driver of the seven-year bull run in stocks. Low interest rates make stocks appear relatively appealing compared to low-yielding bonds or CDs. They also make it easier for companies to borrow money to buy back their own stock.

"The world's largest economy looks to be sailing full steam ahead to a rate hike before the end of the year," said said Paul Sirani, chief market analyst at Xtrade.

Among stocks making big moves, Tyson Foods plunged $6.63, or 9 percent, to $67.75 after an analyst predicted a big drop in Tyson because of a lawsuit that accuses it and other companies of manipulating poultry prices.

Gap jumped $3.47, or 15 percent, to $26.25 after reporting September sales results that showed growth at its Old Navy chain. Other retailers rose, too.

Ruby Tuesday fell 17 cents, or 7 percent, to $2.34 after the restaurant chain reported a loss in its fiscal first quarter.

In currency markets, the British pound fell as much as 6 percent in what's being dubbed a "flash crash," to its lowest level in more than three decades. It eventually rebounded to $1.2435, down from $1.2605 on Thursday.

Britain's FTSE 100 rose 0.6 percent in the wake of the pound's latest decline. A lower currency potentially makes British exports more competitive as well as boosting the value of foreign earnings when brought back to the U.K.

Germany's DAX was down 0.7 percent while the CAC-40 in France fell 0.7 percent.

U.S. benchmark crude oil fell 63 cents to close at $49.81 a barrel in New York.

Brent crude, the international standard, fell 58 cents to close at $51.93 a barrel in London. Wholesale gasoline fell 2 cents to $1.48 a gallon, heating oil fell 2 cents to $1.58 a gallon and natural gas jumped 14 cents to $3.19 per 1,000 cubic feet.

The price of gold fell $1.10 to $1,251.90 an ounce, silver rose 4 cents to $17.38 an ounce and copper rose less than 1 cent to $2.16 a pound.

The euro rose to $1.1180 while the dollar fell to 103.07 yen.

2422

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed LOWER ▼ -28.01 points or ▼ -0.15% on Monday, October 10, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,240.49 ▼ -28.01 ▼ -0.15%
Nasdaq____ 5,292.40 ▼ -14.45 ▼ -0.27%
S&P_500___ 2,153.74 ▼ -7.03 ▼ -0.33%
30_Yr_Bond____ 2.47 ▲ 0.01 ▲ 0.33%

NYSE Volume 3,578,654,250
Nasdaq Volume 1,611,493,620

Europe
Symbol... .....Last ….....Change.......
FTSE_100 7,042.10 ▼ -2.29 ▼ -0.03%
DAX_____ 10,478.87 ▼ -11.99 ▼ -0.11%
CAC_40__ 4,435.29 ▼ -14.62 ▼ -0.33%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,555.50 ▲ 7.00 ▲ 0.13%
Shanghai_Comp 3,048.14 ▲ 43.44 ▲ 1.45%
Taiwan_Weight 9,265.81 ▼ -18.50 ▼ -0.20%
Nikkei_225___ 16,860.09 ▼ -39.01 ▼ -0.23%
Hang_Seng.__ 23,851.82 ▼ -100.68 ▼ -0.42%
Strait_Times.__ 2,869.05 ▼ -6.19 ▼ -0.22%
NZX_50_Index_ 7,116.92 ▼ -50.89 ▼ -0.71%

http://finance.yahoo.com/news/us-stocks-jump-energy-companies-141746037.html

US stocks rise as energy companies and Apple move higher

NEW YORK (AP) ”” U.S. stocks rose Monday as crude oil jumped to its highest price in more than a year and energy companies climbed with it. Investors also reacted to the latest twists in the presidential race.

Oil rose after Russia's government said it supports efforts by OPEC to cut oil production. Apple reached its highest price of the year and led tech stocks higher after new reports of fires affecting Samsung's Galaxy Note 7 phone, which competes with Apple's iPhone. Early in the day stocks were on track for far larger gains.

Steve Chiavarone, an associated portfolio manager for Federated Investors, said a tumultuous weekend for Republican candidate Donald Trump contributed to the market's gains. He said investors mostly expect Democratic candidate Hillary Clinton to win, and they are concerned about the effect Trump's trade proposals would have on the market and the economy.

"What you're seeing in the market is a cheering of the status quo," he said. In his view, that's because investors understand Clinton's views and what her administration might look like even though they may disagree with her on issues like tax policy.

The Dow Jones industrial average picked up 88.55 points, or 0.4 percent, to 18,329.04. The index rose as much as 159 points earlier. The Standard & Poor's 500 index rose 9.92 points, or 0.5 percent, to 2,163.66. The Nasdaq composite added 36.27 points, or 0.7 percent, to 5,328.67.

Russian President Vladimir Putin said Monday that Russia supports OPEC's efforts to cut oi production. In late September the nations of OPEC announced a preliminary agreement to trim oil production, but Russia, a major energy producer, isn't a member of OPEC.

Benchmark U.S. crude rose $1.54, or 3.1 percent, to $51.35 a barrel in New York. That was its highest closing price since July 2015. Brent crude, used to price international oils, gained $1.21, or 2.3 percent, to $53.14 a barrel in London. Exxon Mobil climbed $1.70, or 2 percent, to $88.44 and Devon Energy added $1.58, or 33.7 percent, to $44.39.

Apple climbed $1.99, or 1.7 percent, to $116.05 as investors hope it will be able to sell more iPhones as competitor Samsung faced new problems with its Galaxy Note 7. Samsung said it has changed its production of the phones following reports that some of its replacement phones are overheating and catching fire, just as the original version of the phone did before Samsung recalled it last month. Samsung did not confirm or deny a report from a Korean news agency that it suspended production of the Note 7 phone.

Drugmaker Mylan gained $2.93, or 8.2 percent, to $38.87. On Friday the company agreed to pay $465 million to settle allegations it overcharged the Medicaid program for its EpiPen allergy shot. Legislators and federal health authorities had said Mylan wrongly classified EpiPen as a generic drug instead of a brand-name one, which meant Mylan paid lower rebates to federal and state Medicaid programs. The stock is down 20 percent since late August.

Bristol-Myers Squibb plunged again after the company reported more data from a study of its drug Opdivo in lung cancer patients. It fell $5.62, or 10.1 percent, to $49.81. Rival Merck rose $1.13, or 1.8 percent, to $63.90 as investors were pleased with results from a study of its cancer treatment Keytruda. Bristol-Myers stock has dropped 34 percent since the company announced initial results from that trial in early August, which has sent to almost two-year lows. Merck is up 10 percent over the same time.

The Mexican peso grew stronger following Trump's calamitous weekend. Trump has criticized Mexico and its trade agreements with the U.S., so the peso has become something of an indicator of how investors feel about the election. The currency has tended to weaken when investors feel Trump is doing better and gets stronger when investors feel more confident in Hillary Clinton's chances. The U.S. buys about 80 percent of Mexico's exports, which gives it a big influence on the Mexican economy.

Following the peso's surge Monday, one U.S. dollar bought just 18.92 pesos, versus the 19.26 pesos it bought on Friday. The peso has weakened sharply this year but is currently the strongest it's been in about a month.

Twitter continued to fall as investors grew less optimistic that the company will be sold. Twitter sank $2.29, or 11.5 percent, to $17.56. It fell 20 percent Thursday on reports that possible buyers including Apple and Alphabet had decided not to make offers. Twitter has been on a big run since late July on rumors the company might be sold. The stock is now the lowest it's been since early August

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed LOWER ▼ -200.38 points or ▼ -1.09% on Tuesday, October 11, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,128.66 ▼ -200.38 ▼ -1.09%
Nasdaq____ 5,246.79 ▼ -81.89 ▼ -1.54%
S&P_500___ 2,136.73 ▼ -26.93 ▼ -1.24%
30_Yr_Bond____ 2.49 ▲ 0.04 ▲ 1.55%

NYSE Volume 3,370,954,500
Nasdaq Volume 1,777,592,620

Europe
Symbol... .....Last ….....Change.......
FTSE_100 7,070.88 ▼ -26.62 ▼ -0.38%
DAX_____ 10,577.16 ▼ -46.92 ▼ -0.44%
CAC_40__ 4,471.74 ▼ -25.52 ▼ -0.57%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,562.20 ▲ 6.70 ▲ 0.12%
Shanghai_Comp 3,065.25 ▲ 17.11 ▲ 0.56%
Taiwan_Weight 9,219.82 ▼ -45.99 ▼ -0.50%
Nikkei_225___ 17,024.76 ▲ 164.67 ▲ 0.98%
Hang_Seng.__ 23,549.52 ▼ -302.30 ▼ -1.27%
Strait_Times.__ 2,856.13 ▼ -14.11 ▼ -0.49%
NZX_50_Index_ 7,124.23 ▲ 7.31 ▲ 0.10%

http://finance.yahoo.com/news/us-stock-indexes-move-lower-143148744.html

US stock indexes head sharply lower; oil falls

A batch of disappointing company earnings news helped put investors in a selling mood Tuesday, pulling U.S. stocks sharply lower.

Health care companies led the broad market slide, which more than wiped out gains from the day before. Materials, utilities and technology stocks were among the big decliners. Energy stocks also closed lower as crude oil prices declined.

Several companies, including Alcoa, reported quarterly results that fell short of Wall Street's expectations. While investors will get to size up earnings from many more companies in coming weeks, the downbeat start to the third-quarter earnings season weighed on the market, said JJ Kinahan, chief strategist at TD Ameritrade.

"It's just a bad tone to get us started," Kinahan said. "We've also been in a really low-volatility environment. This is the first day we've seen some heavier trade in a while."

The Dow Jones industrial average fell 200.38 points, or 1.1 percent, to 18,128.66. Earlier, the average was down as much as 267 points. The Standard & Poor's 500 index lost 26.93 points, or 1.2 percent, to 2,136.73. The Nasdaq composite index slid 81.89 points, or 1.5 percent, to 5,246.79.

Indexes headed lower from the start of trading Tuesday and never got out of the red. Traders hammered shares in Alcoa and genetics research company Illumina after the companies reported results that fell short of financial analysts' forecasts.

Alcoa, which is due to split into two companies on Nov. 1, slid $3.60, or 11.4 percent, to $27.91. Illumina sank $45.86, or 24.8 percent, to $138.99.

Fastenal also delivered quarterly results that failed to impress investors. The maker of industrial and construction fasteners fell $2.16, or 5.1 percent, to $39.96.

Traders also sold shares in St. Jude Medical after the medical device maker warned that the lithium battery in some of its implanted heart devices may run out of energy prematurely. The stock lost $2.87, or 3.5 percent, to $78.41. Shares in Abbott Laboratories, which in April agreed to buy St. Jude for $25 billion, also fell. Abbott slid $2.34, or 5.4 percent, to $41.16.

Some companies benefited from others' bad news.

Apple was got a slight boost after rival Samsung announced it was discontinuing its Galaxy Note 7 phone permanently because of overheating handsets. The Galaxy Note 7 competed with Apple's iPhone. Apple gained 25 cents to $116.30.

Crude oil prices fell a day after spiking to their highest level in a year, a move that disappointed some investors.

"Many people thought crude would use its momentum to make a run at its recent highs and it completely faded," Kinahan said.

Benchmark U.S. crude oil lost 56 cents, or 1.1 percent, to close at $50.79 a barrel in New York. Brent, the international standard, slid 73 cents, or 1.4 percent, to close at $52.41 a barrel in London.

In other energy trading, wholesale gasoline fell a penny to $1.48 a gallon. Heating oil slipped 2 cents to $1.59 a gallon. Natural gas shed 4 cents to $3.24 per 1,000 cubic feet.

The major stock indexes in Europe also closed lower.

Germany's DAX fell 0.4 percent, while France's CAC 40 slid 0.6 percent. Britain's FTSE 100 slipped 0.4 percent. Markets in Asia were mixed. Japan's benchmark Nikkei 225 rose 1.0 percent, while Australia's S&P/ASX 200 added 0.1 percent. South Korea's Kospi lost 1.2 percent. Hong Kong's Hang Seng dropped 1.4 percent.

In metals trading, gold fell $4.50 to $1,255.90 an ounce. Silver slid 15 cents to $17.51 an ounce. Copper dropped a penny to $2.19 a pound.

Bond prices fell. The yield on the 10-year Treasury rose to 1.77 percent from 1.72 on Friday. Bond markets were closed Monday.

In currency markets, the dollar strengthened to 103.41 yen from 103.68 on Monday. The euro fell to $1.1053 from $1.1139.

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed HIGHER ▲ 15.54 points or ▲ 0.09% on Wednesday, October 12, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,144.20 ▲ 15.54 ▲ 0.09%
Nasdaq____ 5,239.02 ▼ -7.77 ▼ -0.15%
S&P_500___ 2,139.18 ▲ 2.45 ▲ 0.11%
30_Yr_Bond____ 2.51 ▲ 0.02 ▲ 0.60%

NYSE Volume 2,942,157,500
Nasdaq Volume 1,536,769,250

Europe
Symbol... .....Last ….....Change.......
FTSE_100 7,024.01 ▼ -46.87 ▼ -0.66%
DAX_____ 10,523.07 ▼ -54.09 ▼ -0.51%
CAC_40__ 4,452.24 ▼ -19.50 ▼ -0.44%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,555.20 ▼ -7.00 ▼ -0.13%
Shanghai_Comp 3,058.50 ▼ -6.75 ▼ -0.22%
Taiwan_Weight 9,252.60 ▲ 32.78 ▲ 0.36%
Nikkei_225___ 16,840.00 ▼ -184.76 ▼ -1.09%
Hang_Seng.__ 23,407.05 ▼ -142.47 ▼ -0.60%
Strait_Times.__ 2,813.71 ▼ -42.42 ▼ -1.49%
NZX_50_Index_ 7,107.46 ▼ -16.77 ▼ -0.24%

http://finance.yahoo.com/news/wall-street-set-open-lower-125917994.html

Wall Street stocks close slightly higher after Fed minutes

(Reuters) - The S&P 500 and the Dow Jones industrial average indexes ended Wednesday's session with small gains as expectations for timing on a rate hike were largely unchanged after U.S. Federal Reserve minutes and investors waited on earnings reports.

Several voting policymakers judged a rate hike would be warranted "relatively soon" if the U.S. economy continued to strengthen, according to minutes from the September policy meeting released Wednesday afternoon.

While keeping rates low has risks, the Fed decided it was more risky to raise rates when they are concerned we might be seeing a slowdown in economic growth, said Kate Warne, investment strategist at Edward Jones in St. Louis.

"Unfortunately, they also didn’t provide a lot of clarity,” Warne said.

Traders have priced in small odds of a rate increase next month as the meeting falls days ahead of the Nov. 8 U.S. presidential election. The odds were still in favour of a December move, but down to 66 percent from 71 percent the day before, according to CME Group's FedWatch tool.

With little news from the Fed, investors will see what earnings look like before they buy more stocks, said Steve Massocca, Chief Investment Officer, Wedbush Equity Management LLC in San Francisco.


Overall, S&P 500 third-quarter earnings are currently expected to fall 0.7 percent, marking the fifth quarter of negative earnings in a row, according to Thomson Reuters data.

The Dow Jones industrial average (.DJI) rose 15.54 points, or 0.09 percent, to 18,144.2, the S&P 500 (.SPX) gained 2.45 points, or 0.11 percent, to 2,139.18 and the Nasdaq Composite (.IXIC) dipped 7.77 points, or 0.15 percent, to 5,239.02.

The biggest weight on Nasdaq was Cisco Systems (CSCO.O), which fell after rival Ericsson (ERIC.O) (ERICb.ST) reported a huge profit decline

Eight of the 11 major S&P 500 indexes closed higher, led by real estate's (.SPLRCR) 1.3-percent rise and a 1 percent increase in utilities (.SPLRCU).

Investors in both yield-sensitive sectors may have feared a more hawkish Fed, according to Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.

Healthcare and energy were the weakest sectors with an 0.55 percent decline in the S&P 500 healthcare index (.SPXHC) and an 0.41 percent decline for energy (.SPNY) percent. Oil prices fell after OPEC reported its September output at eight-year highs.

Humana Inc (HUM.N) was the biggest loser on the S&P. The insurer said a U.S. government health department cut its quality rating on Humana Medicare plans, a move that could affect how much the government pays it in 2018.

Advancing issues outnumbered declining ones on the NYSE by a 1.10-to-1 ratio.

About 5.6 billion shares changed hands on U.S. exchanges, below the 6.77 billion daily average over the last 20 sessions.

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed HIGHER ▲ 39.44 points or ▲ 0.22% on Friday, October 14, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,138.38 ▲ 39.44 ▲ 0.22%
Nasdaq____ 5,214.16 ▲ 0.83 ▲ 0.02%
S&P_500___ 2,132.98 ▲ 0.43 ▲ 0.02%
30_Yr_Bond____ 2.56 ▲ 0.08 ▲ 3.27%

NYSE Volume 3,185,757,750
Nasdaq Volume 1,606,118,750

Europe
Symbol... .....Last ….....Change.......
FTSE_100 7,013.55 ▲ 35.81 ▲ 0.51%
DAX_____ 10,580.38 ▲ 166.31 ▲ 1.60%
CAC_40__ 4,470.92 ▲ 65.75 ▲ 1.49%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,518.50 ▲ 0.20 ▲ 0.00%
Shanghai_Comp 3,063.81 ▲ 2.46 ▲ 0.08%
Taiwan_Weight 9,165.17 ▼ -54.00 ▼ -0.59%
Nikkei_225___ 16,856.37 ▲ 82.13 ▲ 0.49%
Hang_Seng.__ 23,233.31 ▲ 202.01 ▲ 0.88%
Strait_Times.__ 2,815.24 ▲ 9.76 ▲ 0.35%
NZX_50_Index_ 7,133.26 ▲ 13.21 ▲ 0.19%

http://finance.yahoo.com/news/us-stocks-rise-banks-rebound-142852544.html

NEW YORK (AP) — U.S. stocks gave up large gains and finished barely higher Friday. Banks and technology companies traded higher, while stocks that pay large dividends fell thanks to a jump in bond yields.

Stocks were on track for large gains early in the day as reports showed consumers in both the U.S. and China appeared to be spending more. Banks rose after JPMorgan Chase and Citigroup disclosed solid quarterly results. But the gains faded as the day wore on. Drug company stocks continued to fall and energy companies slipped.

"The retail sales numbers on the surface looked pretty good but when you dig into them they were not that great," said Mike Baele, managing director at U.S. Bank's Private Client Reserve. "It seems like every good report we get, we get an offsetting weaker report."

The Dow Jones industrial average, which had jumped as much as 162 points in the morning, finished up 39.44 points, or 0.2 percent, at 18,138.38. The Standard & Poor's 500 inched up 0.43 points to 2,132.98. The Nasdaq composite gained 0.83 points to 5,214.16.

Goldman Sachs was responsible for most of the Dow's gains. It rose $3.10, or 1.9 percent, to $170.52 after Britain's High Court threw out a $1 billion lawsuit against the company. Libya's sovereign wealth fund had accused Goldman Sachs of duping the fund into making risky deals.

Bond prices fell. The yield on the 10-year Treasury note rose to 1.80 percent from 1.75 percent. Higher bond yields also help banks because they lead to higher interest rates on loans, and that allows banks to make bigger profits from lending.

JPMorgan Chase and Citigroup reported results were better than investors expected. The reports may have raised investor hopes for companies that will report their results next week, like Morgan Stanley, Charles Schwab, and BlackRock.

"It was a good kickoff to earnings season" for banks, said Baele. "It was actually some decent revenue as well with both investment banking and trading."

Rising bond yields attracted investors' attention, and they sold utilities, real estate investment trusts, and other stocks that pay large dividends as a result. Those payments are more appealing to investors seeking income when bond yields are low. PG&E Corp. fell 57 cents to $59.80 and Duke Energy slid 73 cents to $77.21.

The Commerce Department said retail sales bounced back in September as spending on restaurants, cars and gas improved. The agency also said business stockpiles and sales grew in August, which is a sign that economic growth could get stronger.

Reports suggested consumers in China are starting to spend more, which helped technology companies recover some of Thursday's losses. Microsoft climbed 50 cents to $57.42 while Intel rose 48 cents, or 1.3 percent, to $37.45 and Apple picked up 68 cents to $117.66.

While retail spending rose, the Commerce Department's report also showed that spending at department stores decreased in September as consumers continued to do more of their shopping online. Kohl's lost $1.44, or 3.2 percent, to $43.68 and Macy's fell $1.23, or 3.3 percent, to $35.57.

Computer and printer maker HP said it will cut between 3,000 and 4,000 jobs over the next three years as demand for those products continues to fall. HP stock lost 67 cents, or 4.4 percent, to $14.48.

Twitter fell 91 cents, or 5.1 percent, to $16.88 after Salesforce.com told the Financial Times it isn't interested in buying the company. Twitter has lost 32 percent of its value since October 5th on reports that potential buyers were not going to make offers. Salesforce investors were not enthusiastic about the potential offer, and its stock jumped $3.64, or 5.2 percent, to $74.27.

U.S. crude oil gave up 9 cents to $50.35 a barrel in New York. Brent crude, the international standard, fell 8 cents to $51.95 a barrel in London. That sent energy companies lower.

Health care stocks, which are by far the worst-performing industry on the S&P 500 this year, continued to slip. EpiPen maker Mylan lost $1.39, or 3.7 percent, and closed at a three-year low of $36.49. Cancer drug maker Celgene sank $2.13, or 2.1 percent, to $98.50.

In other energy trading, wholesale gasoline added 1 cent to $1.49 a gallon. Heating oil lost 1 cent to $1.57 a gallon. Natural gas slumped 6 cents, or 1.7 percent, to $3.29 per 1,000 cubic feet.

2967

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed LOWER ▼ -51.98 points or ▼ -0.29% on Monday, October 17, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,086.40 ▼ -51.98 ▼ -0.29%
Nasdaq____ 5,199.82 ▼ -14.34 ▼ -0.27%
S&P_500___ 2,126.50 ▼ -6.48 ▼ -0.30%
30_Yr_Bond____ 2.52 ▼ -0.03 ▼ -1.25%

NYSE Volume 2,820,868,000
Nasdaq Volume 1,411,689,880

Europe
Symbol... .....Last ….....Change.......
FTSE_100 6,947.55 ▼ -66.00 ▼ -0.94%
DAX_____ 10,503.57 ▼ -76.81 ▼ -0.73%
CAC_40__ 4,450.23 ▼ -20.69 ▼ -0.46%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,470.90 ▼ -47.60 ▼ -0.86%
Shanghai_Comp 3,041.17 ▼ -22.64 ▼ -0.74%
Taiwan_Weight 9,176.22 ▲ 11.05 ▲ 0.12%
Nikkei_225___ 16,900.12 ▲ 43.75 ▲ 0.26%
Hang_Seng.__ 23,037.54 ▼ -195.77 ▼ -0.84%
Strait_Times.__ 2,817.07 ▲ 1.83 ▲ 0.07%
NZX_50_Index_ 7,066.37 ▼ -66.89 ▼ -0.94%

http://finance.yahoo.com/news/us-st...en-small-gains-losses-142846513--finance.html

US stock indexes close modestly lower as energy prices fall

Major U.S. stock indexes closed modestly lower Monday, with some of the biggest declines coming in oil and gas companies as energy prices turned lower.

Companies that rely on consumer spending also lost ground. Utilities and telecom stocks, which pay large dividends, bucked the downward trend as bond yields fell.

Investors had their eye on corporate earnings. Some 80 of the companies in the Standard & Poor's 500 index are scheduled to report their quarterly results this week. How those companies fared in the third quarter, and how they see their prospects for growth in coming months, should give traders a better handle on the state of the economy.

"You have a market that is trying to decipher where the economy is headed, what companies are telling us and what the Fed is poised to do come December," said Quincy Krosby, market strategist at Prudential Financial.

The Dow Jones industrial average lost 51.98 points, or 0.3 percent, to 18,086.40. The average was down as much as 75 points earlier in the day. It's two biggest decliners: McDonald's and Nike, each down 1 percent.

The S&P 500 index slid 6.48 points, or 0.3 percent, to 2,126.50. The Nasdaq composite index fell 14.34 points, or 0.3 percent, to 5,199.82.

The three indexes have posted weekly declines the past two weeks. The Dow and Nasdaq are up about 3.8 percent for the year, while the S&P 500 is up 4 percent.

The market action got off to an uneven start on Monday as traders pored over company earnings. The major indexes wavered between small gains and losses in the first couple of hours of trading, before settling into the red by midday.

Hasbro surged 7.4 percent, the biggest gainer in the S&P 500, after the toy maker posted better-than-expected revenue in its latest quarter. The stock climbed $5.66 to $81.82. Shares in rival Mattel got a slight bump. The company, which is due to report quarterly results on Wednesday, rose 8 cents, 0.3 percent, to $30.18.

Bank of America also reported encouraging third-quarter results, including earnings that climbed nearly 6 percent from a year earlier, helped by strong results in investment banking and trading. The stock added 5 cents, or 0.3 percent, to $16.05.

J.B. Hunt Transport Services' results fell short of Wall Street's forecasts. The stock slid $1.57, or 2 percent, to $78.45.

Netflix vaulted 19 percent in aftermarket trading after reporting earnings that were far higher than analysts were expecting.

As has become the pattern in recent quarters, financial analysts have forecast earnings for the third quarter to be down overall from a year ago, largely due to the downbeat energy sector.

While the energy sector leads all others in the S&P 500, up 14.2 percent for the year, it was among the biggest laggards again on Monday.

Southwestern Energy was the biggest decliner in the S&P 500, sliding 43 cents, or 3.3 percent, to $12.47. Chesapeake Energy fell 21 cents, or 3.2 percent, to $6.35. Devon Energy shed $1.31, or 3 percent, to $41.77.

Beyond earnings, investors also bid up shares in SuperValu after the grocery store and logistics company agreed to sell its Save-A-Lot unit to Canadian private equity firm Onex Corp. for $1.37 billion. The stock added 29 cents, or 5.8 percent, to $5.30.

European markets fell as a broad rise in government bond yields suggested investors are expecting less central bank stimulus and higher interest rates than before.

Germany's DAX slid 0.7 percent, while France's CAC 40 fell 0.5 percent. Britain's FTSE 100 lost 0.9 percent. Earlier in Asia, Japan's benchmark Nikkei 225 wobbled but finished 0.3 percent higher. South Korea's Kospi rose 0.2 percent, while Australia's S&P/ASX 200 dipped 0.8 percent. Hong Kong's Hang Seng fell 0.8 percent. The SET of Thailand dropped 0.2 percent. Other markets in Southeast Asia were mostly lower.

U.S. benchmark crude oil fell 41 cents, or 0.8 percent, to close at $49.94 a barrel in New York. Brent crude, the international standard, lost 43 cents, or 0.8 percent, to close at $51.52 a barrel in London.

Other energy futures were closed flat or lower. Wholesale gasoline was little changed at $1.49 a gallon. Heating oil lost 1 cent to $1.57 a gallon. Natural gas fell 4 cents, or 1.2 percent, to $3.24 per 1,000 cubic feet.

In metals trading, the price of gold rose $1.10 to $1,256.60 an ounce, while silver added 3 cents to $17.47 an ounce. Copper was little changed at $2.11 a pound.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.77 percent from 1.80 late Friday.

In currency markets, the dollar weakened to 103.85 yen from 104.18 on Friday, while the euro strengthened to $1.0997 from $1.0983.

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed HIGHER ▲ 75.54 points or ▲ 0.42% on Tuesday, October 18, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,161.94 ▲ 75.54 ▲ 0.42%
Nasdaq____ 5,243.84 ▲ 44.01 ▲ 0.85%
S&P_500___ 2,139.60 ▲ 13.10 ▲ 0.62%
30_Yr_Bond____ 2.51 ▼ -0.01 ▼ -0.44%

NYSE Volume 3,114,258,250
Nasdaq Volume 1,445,172,000

Europe
Symbol... .....Last ….....Change.......
FTSE_100 7,000.06 ▲ 52.51 ▲ 0.76%
DAX_____ 10,631.55 ▲ 127.98 ▲ 1.22%
CAC_40__ 4,508.91 ▲ 58.68 ▲ 1.32%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,492.00 ▲ 21.10 ▲ 0.39%
Shanghai_Comp 3,083.88 ▲ 42.71 ▲ 1.40%
Taiwan_Weight 9,222.58 ▲ 46.36 ▲ 0.51%
Nikkei_225___ 16,963.61 ▲ 63.49 ▲ 0.38%
Hang_Seng.__ 23,394.39 ▲ 356.85 ▲ 1.55%
Strait_Times.__ 2,830.63 ▲ 13.56 ▲ 0.48%
NZX_50_Index_ 6,973.09 ▼ -93.28 ▼ -1.32%

http://finance.yahoo.com/news/us-stocks-climb-early-trading-142240824.html

US stocks rebound on strong company earnings; oil rises

Surprisingly strong earnings from Netflix, UnitedHealth Group and other companies put investors in a buying mood Tuesday, driving U.S. stocks solidly higher.

Health care stocks led the gainers. Materials, utilities and a broad swath of other companies also posted gains. Industrials and consumer-focused stocks notched the smallest gains. Energy stocks also rose as the price of crude oil recovered from an earlier slide.

The rally wiped out the market's losses from the day before.

"We've had five consecutive quarters of negative earnings, and this one looks like we're going to squeak out a positive, which is very good for the market," said Doug Cote, chief market strategist for Voya Investment Management. "Earnings are coming in better, and some much better, than expected."

The Dow Jones industrial average gained 75.54 points, or 0.4 percent, to 18,161.94. Standard & Poor's 500 index rose 13.10 points, or 0.6 percent, to 2,139.60. The Nasdaq composite index added 44.01 points, or 0.9 percent, to 5,243.84.

Investors are poring over company earnings reports to gauge the market's prospects for growth in coming months and get a better handle on the state of the economy. About 80 of the companies in the S&P 500 were scheduled to report quarterly results this week. So far, about 10 percent have done so since the latest reporting period began last week.

Earnings for the third quarter are projected be down about 1 percent overall from a year ago, according to S&P Global Market Intelligence. That forecast is largely due to the energy sector, which has been hard hit by falling energy prices.

While it's still early, some market watchers are encouraged by the results so far.

"It looks like corporate earnings certainly could start to trend positive," Cote said. "Fundamentals drive markets and positive earnings are a necessary precursor for this bull market to continue."

Health care, which has been the worst performing sector this year, notched the biggest gain Tuesday, 1.1 percent. It remains down 2.6 percent this year.

Investors bid up shares in several companies in the sector, including UnitedHealth Group.

The nation's largest health insurer climbed 6.9 percent after its profit swelled 23 percent to nearly $2 billion in the third quarter. The company also increased its 2016 earnings forecast. The stock rose $9.26 to $143.39.

Netflix surged 19 percent a day after the video streaming service reported earnings that were far better than analysts were expecting. The company noted it grew its domestic and international subscribers during the quarter. The stock added $18.99 to $118.79.

Domino's Pizza jumped 4.9 percent after the company delivered a 25 percent jump in quarterly profit as sales rose. The stock gained $7.44 to $159.45.

Del Taco Restaurants climbed 8.8 percent after the restaurant chain served up solid sales in the third quarter. It also raised its annual profit and revenue projections. The stock added $1.11 to $13.74.

Banks, several of which reported strong earnings last Friday, continued to deliver strong quarterly results. Goldman Sachs rose 2.1 percent after growth in its trading and investment business helped lift earnings. The stock added $3.63 to $172.63. Comerica also posted better-than-expected quarterly results. The lender climbed $1.99, or 4.1 percent, to $50.05.

Some companies reported improved results but missed on their earnings forecasts.

IBM slid 2.6 percent a day after issuing a full-year earnings outlook that fell short of what analysts were expecting. The stock fell $4.05 to $150.72.

U.S. benchmark crude oil rose 35 cents, or 0.7 percent, to close at $50.29 a barrel in New York. Brent crude, the international standard, gained 16 cents, or 0.3 percent, to close at $51.68 a barrel in London.

Other energy futures also eked out small gains. Wholesale gasoline inched up a penny to $1.51 a gallon. Heating oil was little changed at $1.57 a gallon. Natural gas rose 2 cents to $3.26 per 1,000 cubic feet.

The major stock indexes in Europe also rebounded Tuesday.

Germany's DAX rose 1.2 percent, while the CAC-40 in France gained 1.3 percent. The FTSE 100 index of leading British shares rose 2 percent. Several stock markets in Asia also pushed higher. Japan's Nikkei 225 added 0.4 percent, while South Korea's Kospi gained 0.6 percent. Hong Kong's Hang Seng index jumped 1.6 percent. Australia's S&P/ASX 200 rose 0.4 percent.

In metals trading, the price of gold rose $6.30 to $1,262.90 an ounce, while silver added 16 cents to $17.64 an ounce. Copper was little changed at $2.11 a pound.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.74 percent from 1.77 late Monday.

In currency markets, the dollar strengthened to 103.89 yen from 103.85 on Monday, while the euro weakened to $1.0977 from $1.0997.

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed HIGHER ▲ 40.68 points or ▲ 0.22% on Wednesday, October 19, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,202.62 ▲ 40.68 ▲ 0.22%
Nasdaq____ 5,246.41 ▲ 2.57 ▲ 0.05%
S&P_500___ 2,144.29 ▲ 4.69 ▲ 0.22%
30_Yr_Bond____ 2.52 ▲ 0.00 ▲ 0.16%

NYSE Volume 3,361,504,500
Nasdaq Volume 1,534,408,620

Europe
Symbol... .....Last ….....Change.......
FTSE_100 7,021.92 ▲ 21.86 ▲ 0.31%
DAX_____ 10,645.68 ▲ 14.13 ▲ 0.13%
CAC_40__ 4,520.30 ▲ 11.39 ▲ 0.25%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,518.40 ▲ 26.40 ▲ 0.48%
Shanghai_Comp 3,084.72 ▲ 0.84 ▲ 0.03%
Taiwan_Weight 9,283.99 ▲ 61.41 ▲ 0.67%
Nikkei_225___ 16,998.91 ▲ 35.30 ▲ 0.21%
Hang_Seng.__ 23,304.97 ▼ -89.42 ▼ -0.38%
Strait_Times.__ 2,844.62 ▲ 13.99 ▲ 0.49%
NZX_50_Index_ 6,976.54 ▲ 3.45 ▲ 0.05%

http://finance.yahoo.com/news/us-st...-higher-early-trading-142415449--finance.html

US stock indexes notch modest gains as oil prices rise


Oil and gas exploration companies led U.S. stocks modestly higher Wednesday, giving the market its second gain in two days.

Energy stocks, already the best-performing category this year, got a boost from U.S. crude oil prices, which climbed to $51.60 a barrel, the highest level in 15 months. Companies that make consumer products were the biggest laggards.

Investors brushed off new data showing residential construction slowed last month. Instead, the focus remained on the latest crop of companies reporting quarterly results.

Overall earnings for companies in the Standard & Poor's 500 index have been down on an annual basis the past five quarters. But the results so far suggest the start of a turnaround, said Paul Christopher, head global market strategist for Wells Fargo Investment Institute.

"We do think the earnings recession is ending," Christopher said. "We're still early in the reporting season, but we see so far the trends that we're looking for."

The Dow Jones industrial average gained 40.68 points, or 0.2 percent, to 18,202.62. The S&P 500 index rose 4.69 points, or 0.2 percent, to 2,144.29. The Nasdaq composite index added 2.58 points, or 0.1 percent, to 5,246.41.

Indexes wavered between small gains and losses in early trading Wednesday, then turned higher by midday and stayed higher for the rest of the day.

Morgan Stanley rose 1.9 percent after the investment bank said its earnings soared 62 percent in the third quarter, thanks to big gains in bond trading. Goldman Sachs disclosed similar results Tuesday. Morgan Stanley added 61 cents to $32.93.

Quarterly results from other companies failed to impress traders.

Intel, which issued a downbeat earnings outlook late Wednesday, slumped $2.24, or 5.9 percent, to $35.51.

Manhattan Associates tumbled 10.4 percent after the business software company reported weak quarterly sales and cut its revenue outlook. The stock fell $6.16 to $52.85.

Lighting maker Cree also served up weak sales and an earnings outlook that fell short of Wall Street's expectations. The stock tumbled $2.79, or 11.1 percent, to $22.41.

About 80 of the companies in the S&P 500 were scheduled to report quarterly results this week. Earnings for the third quarter are projected be down about 0.9 percent overall from a year ago, according to S&P Global Market Intelligence. That forecast is largely due to the energy sector, which has been hard hit by falling energy prices.

That wasn't the case Wednesday.

A report of a drawdown in oil inventories helped lift crude prices. U.S. benchmark crude oil gained $1.31, or 2.6 percent, to close at $51.60 a barrel in New York. Brent crude, the international standard, added 99 cents, or 1.9 percent, to close at $52.67 a barrel in London.

The pickup in oil prices sent shares in several energy, exploration and drilling services companies higher.

Transocean jumped 56 cents, or 5.7 percent, to $10.46. Halliburton rose $2, or 4.3 percent, to $49.07, while Newfield Exploration climbed $1.65, or 3.9 percent, to $44.18.

Global stock markets were mostly steady Wednesday after China reported its economy expanded at a firm pace in the July-September quarter.

In Europe, Germany's DAX rose 0.1 percent, while France's CAC 40 gained 0.3 percent. The FTSE 100 in Britain added 0.3 percent. Earlier in Asia, Japan's Nikkei 225 index rose 0.2 percent, while Australia's S&P ASX/200 added 0.5 percent. The Kospi in South Korea was flat. Hong Kong's Hang Seng index lost 0.4 percent.

Other energy futures closed mostly higher. Wholesale gasoline was little changed at $1.51 a gallon. Heating oil rose 2 cents to $1.59 a gallon. Natural gas fell 9 cents to $3.17 per 1,000 cubic feet.

In metals trading, the price of gold rose $7 to $1,269.90 an ounce, while silver added 3 cents to $17.66 an ounce. Copper was little changed at $2.10 a pound.

Bond prices barely budged. The yield on the 10-year Treasury note held steady at 1.74.

In currency markets, the dollar fell to 103.39 yen from 103.89 yen, while the euro weakened to $1.0969 from $1.0977.

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed LOWER ▼ -40.27 points or ▼ -0.22% on Thursday, October 20, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,162.35 ▼ -40.27 ▼ -0.22%
Nasdaq____ 5,241.83 ▼ -4.58 ▼ -0.09%
S&P_500___ 2,141.34 ▼ -2.95 ▼ -0.14%
30_Yr_Bond____ 2.50 ▼ -0.02 ▼ -0.68%

NYSE Volume 3,336,218,500
Nasdaq Volume 1,715,657,120

Europe
Symbol... .....Last ….....Change.......
FTSE_100 7,026.90 ▲ 4.98 ▲ 0.07%
DAX_____ 10,701.39 ▲ 55.71 ▲ 0.52%
CAC_40__ 4,540.12 ▲ 19.82 ▲ 0.44%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,526.20 ▲ 7.80 ▲ 0.14%
Shanghai_Comp 3,084.46 ▼ -0.26 ▼ -0.01%
Taiwan_Weight 9,317.24 ▲ 33.25 ▲ 0.36%
Nikkei_225___ 17,235.50 ▲ 236.59 ▲ 1.39%
Hang_Seng.__ 23,374.40 ▲ 69.43 ▲ 0.30%
Strait_Times.__ 2,842.62 ▼ -2.00 ▼ -0.07%
NZX_50_Index_ 6,973.78 ▼ -2.76 ▼ -0.04%

http://finance.yahoo.com/news/us-stock-indexes-mixed-early-143354181.html

US stocks snap 2-day winning streak, close slightly lower

A day of mostly listless trading on Wall Street ended Thursday with U.S. stocks giving back modest gains from the day before.

Telecom sector stocks declined the most, weighed down by a slide in shares of AT&T, Sprint and other phone companies. Only health care stocks eked out a gain. The broad slide snapped a two-day winning streak for the market. Energy futures and precious metals also closed lower.

Investors mostly waded through another round of earnings reports, looking to glean insights into the health of corporate America and the U.S. economy. While some companies turned in disappointing results, most of those that have posted earnings so far are beating financial analysts' expectations, said JJ Kinahan, chief strategist at TD Ameritrade.

"Overall, it's been a very, very good earnings season," Kinahan said.

The Dow Jones industrial average slipped 40.27 points, or 0.2 percent, to 18,162.35. The Standard & Poor's 500 index lost 2.95 points, or 0.2 percent, to 2,141.34. The Nasdaq composite index slid 4.58 points, or 0.1 percent, to 5,241.83.

The major stock indexes are all up for the week.

About 15 percent of the companies in the S&P 500 have reported quarterly results so far this earnings period. Of those, more than 80 percent have turned in earnings that beat Wall Street's expectations, Kinahan said.

Financial companies have been among the best performers so far.

On Thursday, investors bid up shares in American Express, which reported better-than-anticipated earnings late Wednesday and also raised its annual outlook. The stock was the biggest gainer in the S&P 500, climbing $5.53, or 9 percent, to $66.78.

"Financials continue to perform and continue to provide support, American Express being the latest example," Kinahan said.

Toy maker Mattel also got a boost a day after it reported strong earnings. The stock rose $1.84, or 6 percent, to $32.46.

Snap-on climbed 6.7 percent after the tool and diagnostic equipment maker posted a larger profit than analysts had forecast. Its shares rose $9.95 to $159.06.

Several other companies posted results that failed to impress investors.

EBay slumped 10.8 percent after the e-commerce giant reported disappointing fourth-quarter results. The stock was the biggest decliner in the S&P 500, sliding $3.50, or 10.8 percent, to $29.02.

Union Pacific fell 6.7 percent after it said weak demand for consumer goods had dampened its freight and coal shipments volume. The railroad operator lost $6.48 to $90.64.

Verizon fell 2.5 percent after the company posted weak quarterly revenue as it added far fewer wireless and internet service subscribers than a year ago. Shares in the company, which is in the process of a potential acquisition of Yahoo's digital operations, shed $1.24 to $49.14.

Shares in other phone companies also fell. AT&T lost 73 cents, or 1.9 percent, to $38.65, while Sprint fell 16 cents, or 2.3 percent, to $6.72. T-Mobile US slid 27 cents, or 0.6 percent, to $47.05.

Beyond earnings, traders also weighed some new economic data Thursday.

The Labor Department said weekly applications for unemployment benefits rose last week to the highest level in five weeks, though it remained close to a recent 43-year low. Separately, the National Association of Realtors said that sales of previously owned homes rose 3.2 percent from August to a seasonally adjusted annual rate of 5.47 million, the strongest pace since June.

Stock indexes in Europe closed higher. Germany's DAX gained 0.5 percent, while France's CAC-40 rose 0.4 percent. London's FTSE 100 added 0.1 percent. Earlier in Asia, Tokyo's Nikkei 225 rose 1.4 percent, while Hong Kong's Hang Seng gained 0.3 percent.

Benchmark U.S. crude fell $1.17, or 2.3 percent, to close at $50.43 a barrel in New York. Brent crude, used to price international oils, slid $1.29, or 2.4 percent, to close at $51.38 a barrel in London.

Other energy futures also closed lower. Wholesale gasoline fell 2 cents to $1.49 a gallon. Heating oil slid 3 cents to $1.56 a gallon. Natural gas lost 3 cents to $3.14 per 1,000 cubic feet.

In metals trading, the price of gold fell $2.40 to $1,267.50 an ounce, while silver lost 11 cents to $17.55 an ounce. Copper was little changed at $2.10 a pound.

Bond prices were little changed. The yield on the 10-year Treasury note held steady at 1.75 percent.

In currency markets, the dollar increased to 103.96 yen from 103.39 on Wednesday, while the euro weakened to $1.0928 from $1.2275.

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed LOWER ▼ -16.64 points or ▼ -0.09% on Friday, October 21, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,145.71 ▼ -16.64 ▼ -0.09%
Nasdaq____ 5,257.40 ▲ 15.57 ▲ 0.30%
S&P_500___ 2,141.16 ▼ -0.18 ▼ -0.01%
30_Yr_Bond____ 2.49 ▼ -0.01 ▼ -0.28%

NYSE Volume 3,446,199,500
Nasdaq Volume 1,630,190,620

Europe
Symbol... .....Last ….....Change.......
FTSE_100 7,020.47 ▼ -6.43 ▼ -0.09%
DAX_____ 10,710.73 ▲ 9.34 ▲ 0.09%
CAC_40__ 4,536.07 ▼ -4.05 ▼ -0.09%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,513.90 ▼ -12.30 ▼ -0.22%
Shanghai_Comp 3,090.94 ▲ 6.48 ▲ 0.21%
Taiwan_Weight 9,306.57 ▼ -10.67 ▼ -0.11%
Nikkei_225___ 17,184.59 ▼ -50.91 ▼ -0.30%
Hang_Seng.__ 23,374.40 ▲ 0.00 ▲ 0.00%
Strait_Times.__ 2,831.06 ▼ -11.56 ▼ -0.41%
NZX_50_Index_ 6,958.40 ▼ -15.38 ▼ -0.22%

http://finance.yahoo.com/news/us-stock-indexes-head-lower-early-trading-143929233--finance.html

US stocks close mostly lower; eke out gain for the week

The major U.S. stock indexes closed mostly lower Friday, capping a day spent wavering between small gains and losses.

Phone companies were the biggest drag on the market following reports that AT&T was considering a deal to acquire the media conglomerate Time Warner. AT&T, Verizon, Sprint and T-Mobile US all fell.

Health care and energy stocks also took some losses, while consumer staples and technology companies held on to slight gains.

Investors continued to focus on corporate America, reviewing earnings from General Electric, McDonald's and other big companies. Earnings from banks and other financial companies have been mostly better than anticipated, which has helped boost that sector.

"We're seeing a lot better earnings come out of the financial sector in particular, and some good earnings come out of technology," said David Schiegoleit, managing director of investments at the Private Client Reserve at U.S. Bank. "That is reflected in some of the sector performance, but when you look at the market overall we're still being weighed down by energy."

The Dow Jones industrial average fell 16.64 points, or 0.1 percent, to 18,145.71. The Standard & Poor's 500 index slipped 0.18 points, or 0.01 percent, to 2,141.16. The Nasdaq composite index gained 15.57 points, or 0.3 percent, to 5,257.40.

The three indexes ended slightly higher for the week. The Dow is now up 4.1 percent for the year, while the S&P 500 is up 4.8 percent. The Nasdaq is up 5 percent.

Roughly two weeks into the third-quarter financial reporting period, earnings for companies in the S&P 500 are projected be down about 0.8 percent overall from a year ago, according to S&P Global Market Intelligence. That forecast is largely due to the energy sector, which has been hard hit by falling energy prices.

Several companies that reported results on Friday failed to impress investors.

General Electric slipped 9 cents to $28.98 after the company said its latest quarterly sales fell more than anticipated due to weaker results from its lighting and transportation businesses. The industrial conglomerate also trimmed its revenue forecast for the year.

Skechers U.S.A. slumped 17.3 percent after the footwear maker reported disappointing results for the second quarter in a row. The stock fell $3.96 to $18.98.

Others companies fared better.

McDonald's rose 33 percent after the world's biggest hamburger chain served up earnings and revenue that exceeded Wall Street's expectations. The stock added $3.36 to $113.93.

Microsoft climbed 4.2 percent a day after the software giant posted a surprisingly high profit for its fiscal first quarter. The results help validate the company's increased focus on software and online services. The stock gained $2.41 to $59.66, eclipsing its previous record close of $59.56 set in December 1999.

News and corporate deal talk also fueled big moves on Wall Street Friday.

Reynolds American jumped 14 percent after London-based British American Tobacco offered to buy out the 57.8 percent stake in Reynolds that it doesn't already own. Reynolds was evaluating the offer, which analysts say would help both sides overcome a decline in smoking rates in their home markets and competition from electronic cigarettes. Reynolds was the biggest gainer in the S&P 500, climbing $6.61 to $53.78.

AT&T fell 3 percent following reports that the company was considering a deal to acquire the media conglomerate Time Warner. AT&T slid $1.16 to $37.49.

Beyond earnings, concerns about the implications of a rising dollar and a possible interest rate hike from the Federal Reserve this year have kept the market in a listless state recently, noted Krishna Memani, chief investment officer at OppenheimerFunds.

"The market is not taking a significant turn in a negative way, but it doesn't really see any positive impetus in the near term to go higher," Memani said.

After an early slide, crude oil prices recovered in afternoon trading. Benchmark U.S. crude rose 22 cents to close at $50.85 a barrel in New York. Brent crude, used to price international oils, gained 40 cents to close at $51.78 a barrel in London.

The major stock indexes in Europe barely budged Friday as investors increasingly factored in the likelihood of a U.S. interest rate increase this year.

3432

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed HIGHER ▲ 77.32 points or ▲ 0.43% on Monday, October 24, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,223.03 ▲ 77.32 ▲ 0.43%
Nasdaq____ 5,309.83 ▲ 52.43 ▲ 1.00%
S&P_500___ 2,151.33 ▲ 10.17 ▲ 0.47%
30_Yr_Bond____ 2.52 ▲ 0.02 ▲ 0.96%

NYSE Volume 3,330,155,250
Nasdaq Volume 1,464,689,500

Europe
Symbol... .....Last ….....Change.......
FTSE_100 6,986.40 ▼ -34.07 ▼ -0.49%
DAX_____ 10,761.17 ▲ 50.44 ▲ 0.47%
CAC_40__ 4,552.58 ▲ 16.51 ▲ 0.36%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,489.10 ▼ -24.80 ▼ -0.45%
Shanghai_Comp 3,128.25 ▲ 37.31 ▲ 1.21%
Taiwan_Weight 9,322.50 ▲ 15.93 ▲ 0.17%
Nikkei_225___ 17,234.42 ▲ 49.83 ▲ 0.29%
Hang_Seng.__ 23,604.08 ▲ 229.68 ▲ 0.98%
Strait_Times.__ 2,856.68 ▲ 25.62 ▲ 0.90%
NZX_50_Index_ 6,958.40 ▼ -15.38 ▼ -0.22%

http://finance.yahoo.com/news/us-stocks-jump-wave-deals-142001694.html

Wave of deals lead US stocks higher; tech companies jump

NEW YORK (AP) -- U.S. stocks rose Monday as investors were cheered by a spate of corporate dealmaking over the weekend. Technology companies made the biggest gains. But investors were doubtful the biggest deal, AT&T's agreement to buy Time Warner, will happen.

Companies announced almost $100 billion in deals over the last few days. Investors had mixed reactions to the moves, but they were pleased the companies were willing to spend.

"Any time you see a lot of IPOs, a lot of merger activity, it boosts confidence," said Karyn Cavanaugh, senior markets strategist for Voya Investment Strategies.

Big-name technology companies including Apple and Alphabet, which owns Google, rose ahead of reporting their earnings this week. Amazon also rose, giving other consumer companies a boost. Energy companies slipped with the price of oil.

The Dow Jones industrial average gained 77.32 points, or 0.4 percent, to 18,223.03. The Standard & Poor's 500 index rose 10.17 points, or 0.5 percent, to 2,151.33. Thanks to the big gains for tech companies, the Nasdaq composite climbed 52.42 points, or 1 percent, to 5,309.83.

Over the weekend telecom giant AT&T agreed to pay $85.4 billion for Time Warner, the entertainment conglomerate that owns HBO, CNN and Warner Bros. Time Warner jumped almost 8 percent Friday but remains far below the $107.50 a share AT&T agreed to pay.

Both presidential tickets have already expressed skepticism about the deal and it's not clear if regulators will let the companies combine. The concern is that the combined company might favor its own media properties at the expense of those owned by rivals. In recent months the government has stepped in to stop a series of big deals, including two major health insurance mergers.

"Any deal is seen as reducing competition and unfair to the consumer," said Cavanaugh, who said there can be major benefits to such deals.

For their part, investors also worried about the price AT&T is paying. The company, which bought DirecTV for $48.5 billion last year, already has about $117 billion in long-term debt.

AT&T fell 63 cents, or 1.7 percent, to $36.86 while Time Warner lost $2.74, or 3.1 percent, to $86.74.

Elsewhere, aviation electronics company Rockwell Collins agreed to buy commercial aircraft and business jet maker B/E Aerospace for $62 a share, or $6.4 billion in cash and stock. B/E Aerospace climbed $8.28, or 16.4 percent, to $58.89 while Rockwell Collins gave up $5.25, or 6.2 percent, to $79.21.

Tech stocks have done very well over the last few months and that could continue as more companies report their earnings. S&P Global Market Intelligence says analysts think earnings for tech companies will grow 6 percent in the third quarter. Overall earnings for companies in the S&P 500 index are expected to rise less than 1 percent.

Microsoft, which is trading at all-time highs after strong earnings last week, rose $1.34, or 2.2 percent, to $61. Alphabet picked up $11.68, or 1.4 percent, to $835.74 and Apple added $1.03 to $117.63.

TD Ameritrade will combine with competitor Scottrade at a time when investors are choosing index funds over stock picking. In a related transaction, TD Bank will also combine with Scottrade Bank. The two deals were valued at $4 billion together. TD Ameritrade slid $1.62, or 4.4 percent, to $35.46.

China Oceanwide Holdings agreed to buy Genworth Financial for $5.43 per share, or $2.7 billion. The financial services firm traded at $25 a share at the end of 2007, before the financial crisis, and its stock hasn't recovered. It's taken steep losses the last few years and on Monday it lost 42 cents, or 8.1 percent, to $4.79.

Benchmark U.S. crude lost 33 cents to $50.52 a barrel in New York after falling more than 2 percent earlier in the session. Brent crude, the international standard, fell 32 cents to $51.46 a barrel in London.

Wireless carrier T-Mobile jumped after reporting better-than-expected results and raising its forecasts for new customers. T-Mobile gained $4.44, or 9.6 percent, to $51.19. It hadn't traded above $50 a share since October 2007.

Consumer companies also did better than the broader market. Amazon picked up $10.10, or 2.3 percent, to $838.09 and PepsiCo rose $1.69, or 1.6 percent, to $107.31.

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed LOWER ▼ -53.76 points or ▼ -0.30% on Tuesday, October 25, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,169.27 ▼ -53.76 ▼ -0.30%
Nasdaq____ 5,283.40 ▼ -26.43 ▼ -0.50%
S&P_500___ 2,143.16 ▼ -8.17 ▼ -0.38%
30_Yr_Bond____ 2.50 ▼ -0.02 ▼ -0.60%

NYSE Volume 3,749,792,000
Nasdaq Volume 1,508,627,880

Europe
Symbol... .....Last ….....Change.......
FTSE_100 7,017.64 ▲ 31.24 ▲ 0.45%
DAX_____ 10,757.31 ▼ -3.86 ▼ -0.04%
CAC_40__ 4,540.84 ▼ -11.74 ▼ -0.26%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,523.30 ▲ 34.20 ▲ 0.62%
Shanghai_Comp 3,131.94 ▲ 3.69 ▲ 0.12%
Taiwan_Weight 9,385.65 ▲ 63.15 ▲ 0.68%
Nikkei_225___ 17,365.25 ▲ 130.83 ▲ 0.76%
Hang_Seng.__ 23,565.11 ▼ -38.97 ▼ -0.17%
Strait_Times.__ 2,854.05 ▼ -2.63 ▼ -0.09%
NZX_50_Index_ 7,002.87 ▲ 44.47 ▲ 0.64%

http://finance.yahoo.com/news/stock...it-consumer-companies-143130652--finance.html

Consumer stocks fall as Whirlpool, GM and others skid

NEW YORK (AP) ”” Shaky results from consumer companies dragged the U.S. stock market lower on Tuesday as well-known names like appliance maker Whirlpool and athletic apparel maker Under Armour suffered their worst losses in years.

Third-quarter earnings continued to dominate the market and some of the biggest companies either reported disappointing results or lowered their expectations. Investors wondered if consumers will spend less money on home improvement, clothing and other goods. But companies including Procter & Gamble and Lockheed Martin soared after their reports. Looking for safer options, some investors bought bonds and utility company shares.

Consumer spending is critical to the U.S. economy and poor results for consumer-focused companies could be a sign of trouble. But Doug Roman, managing director of equities for PNC Capital Advisors, said it's too soon to know if shoppers are closing their wallets.

"The market might be extrapolating bigger stories into broader themes, which might not be the case," he said. Corporate earnings have been falling for more than a year, and despite Tuesday's results, investors are growing hopeful that streak is ending.

The Dow Jones industrial average shed 53.76 points, or 0.3 percent, to 18,169.27. The Standard & Poor's 500 index lost 8.17 points, or 0.4 percent, to 2,143.16. The Nasdaq composite fell 26.43 points, or 0.5 percent, to 5,283.40.

Paint and coatings maker Sherwin-Williams posted a disappointing profit and cut its annual guidance because of slower sales growth combined with spending on new stores. Meanwhile appliance maker Whirlpool's results fell far short of analyst projections. Sherwin-Williams had its worst day in seven years as it lost $30.27, or 10.9 percent, to $247.61. Whirlpool, which owns Maytag and KitchenAid, sank $18.37, or 10.8 percent, to $152.09, its largest loss in five years.

Home improvement retailers Home Depot and Lowe's and flooring maker Mohawk Industries all slumped. So did automaker General Motors, which reported solid earnings.

Under Armour reported its slowest sales growth in six years and said its future sales won't be as strong as it expected a year ago. Its stock tumbled $5.01, or 13.2 percent, to $32.89, its biggest drop in almost eight years. Rival Nike also slipped.

Procter & Gamble, which makes Tide detergent and Charmin toilet paper, had its best day in more than a year after it reported better results than investors expected. The consumer products giant has been selling some businesses to cut costs, and it posted stronger sales of personal care products like toothbrushes and deodorants. Its stock rose $2.87, or 3.4 percent, to $86.97,

Aerospace and defense company Lockheed Martin surpassed investor forecasts and raised its projections for the year. Its stock gained $17.10, or 7.4 percent, to $249.26, its biggest leap in seven years.

The reports continued to stream in after the market closed. Apple reported lower quarterly sales and sold fewer iPhones, sending its stock down about 2 percent in late trading. The company did give a better-than-expected forecast for the holiday season.

Oil and gas drilling services company Baker Hughes disclosed a smaller loss than investors expected. Investors were also pleased that Baker Hughes is preparing to cut more costs. The company said it plans to eliminate $650 million in spending this year, up from the $500 million it had planned to cut. It climbed $2.24, or 4.3 percent, to $54.39.

Waters Corp., which makes products used in drug development, announced weak revenue as demand from governments, research institutions and industries fell. The stock slid $19.15, or 12.1 percent, to $138.60.

Drugmaker Merck raised its forecasts after it reported a bigger profit on greater sales of vaccines and cancer medicines. The company has also been trying to keep is spending in check. The stock rose $1.20, or 2 percent, to $61.95.

3M, which makes Post-it notes, industrial coatings and ceramics, forecast weaker sales growth and a smaller profit for the year. The stock declined $5.04, or 2.9 percent, to $166.23.

Elevator and jet engine manufacturer United Technologies raised its annual forecast after its third-quarter profit surpassed analyst estimates. Its stock gained $1.84, or 1.8 percent, to $101.36.

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed HIGHER ▲ 30.06 points or ▲ 0.17% on Wednesday, October 26, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,199.33 ▲ 30.06 ▲ 0.17%
Nasdaq____ 5,250.27 ▼ -33.13 ▼ -0.63%
S&P_500___ 2,139.43 ▼ -3.73 ▼ -0.17%
30_Yr_Bond____ 2.54 ▲ 0.04 ▲ 1.40%

NYSE Volume 3,746,119,000
Nasdaq Volume 1,711,554,380

Europe
Symbol... .....Last ….....Change.......
FTSE_100 6,958.09 ▼ -59.55 ▼ -0.85%
DAX_____ 10,709.68 ▼ -47.63 ▼ -0.44%
CAC_40__ 4,534.59 ▼ -6.25 ▼ -0.14%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,442.10 ▼ -81.20 ▼ -1.47%
Shanghai_Comp 3,116.31 ▼ -15.63 ▼ -0.50%
Taiwan_Weight 9,362.25 ▼ -23.40 ▼ -0.25%
Nikkei_225___ 17,391.84 ▲ 26.59 ▲ 0.15%
Hang_Seng.__ 23,325.43 ▼ -239.68 ▼ -1.02%
Strait_Times.__ 2,828.57 ▼ -25.48 ▼ -0.89%
NZX_50_Index_ 6,896.20 ▼ -106.67 ▼ -1.52%

http://abcnews.go.com/Business/wireStory/us-stocks-slip-apple-pushes-tech-stocks-43070195

US stocks slip but steer clear of larger losses
The Associated Press BY By MARLEY JAY - AP Markets Writer

NEW YORK (AP) ”” U.S. stocks dodged bigger losses and finished barely lower on Wednesday. Health care companies fell and Apple pulled technology companies down, but banks rose.

Earlier in the day, stocks had appeared to be headed for a second day of notable losses, but they recovered some of that lost ground in late trading. Weak earnings for major companies hurt real estate investment trusts and health care companies. Tech stocks slid as investors were unimpressed with Apple's latest results. Banks continued to report strong earnings and Boeing boosted industrial companies.

Stocks haven't made many big moves the last two weeks. "Trading volume has really dropped off," said Scott Wren, a senior global equity strategist at the Wells Fargo Investment Institute. He said investors are being cautious as they wait for the outcome of November's election.

The Dow Jones industrial average added 30.06 points, or 0.2 percent, to 18,199.33. In early trading it fell more than 100 points. The Standard & Poor's 500 index sank 3.73 points, or 0.2 percent, to 2,139.43. The Nasdaq composite shed 33.13 points, or 0.6 percent, to 5,250.27.

While individual companies might rise or fall based on their earnings, Wren said investors don't care that much if overall corporate profits rise or fall this quarter. Earnings have been falling for more than a year but the drops are getting smaller.

"All the market wants in terms of earnings is a continuation of a pattern this year of quarter-to-quarter improvement," he said.

Apple sank $2.66, or 2.2 percent, to $115.59 after it reported another drop in iPhone sales. Apple gets about two-thirds of its revenue from the iPhone and some investors are concerned it depends too much on its marquee product. The company expects sales to start growing again in the holiday season after a recent slump.

The losses for Apple, by far the biggest company in the S&P 500, sent tech stocks lower. That canceled out big jumps in Akamai Technologies and Juniper Networks, which each surged more than 10 percent after strong results.

Medical device maker Edwards Lifesciences reported disappointing sales of heart devices and forecast another shortfall in the current quarter, and its stock slid $19.43, or 17.1 percent, to $94.25. Medical lab operator Laboratory Corp. of America sank $11.95, or 8.6 percent, to $126.46 after a disappointing report. Drugmaker Merck gave up most of its gains from the previous day and fell $1.08, or 1.7 percent, to $60.87.

Financial firms continued to report strong third-quarter results. Regional bank Huntington Bancshares gained 51 cents, or 5 percent, to $10.70 and insurer Chubb rose $4.55, or 3.7 percent, to $127.

Boeing climbed $6.52, or 4.7 percent, to $145.54 after the company raised its forecast for earnings, revenue, and plane deliveries. Boeing was responsible for all of the Dow's gain.

Simon Property Group, which owns more than 100 shopping malls around the country, slumped after analysts worried about its performance, including lower income from stores that have been open for more than a year. That counteracted solid earnings, and its stock fell $8.89, or 4.5 percent, to $188.38.

Bond prices fell. The yield on the 10-year Treasury note rose to 1.79 percent from 1.76 percent.

Mondelez, the maker of Oreo cookies, Cadbury chocolate and Trident gum, climbed after reporting a bigger profit than analysts expected. The company's stock picked up $1.56, or 3.6 percent, to $44.32.

Southwest Airlines slipped after it gave a weak revenue forecast for the rest of the year. Ticket prices have been falling for two years and Southwest said prices are still "soft." Its stock lost $3.55, or 8.5 percent, to $38.40, and other airlines including American and United also traded lower.

The price of oil fell for the third day in a row. U.S. crude fell 78 cents, or 1.6 percent, to $49.18 a barrel. Brent crude, the international standard, lost 81 cents, to 1.6 percent, to $49.98 a barrel in London.

Sales for Chipotle Mexican Grill fell for the fourth quarter in a row and came in weaker than analysts expected as the company continued to struggle in its efforts to win back customers after food safety scares. The stock lost $37.65, or 9.3 percent, to $368.02, its lowest price in three years.

Drugmaker Mylan fell after Kaleo Pharmaceuticals said it will resume selling its emergency allergy shot Auvi-Q next year. That would mean more competition for Mylan's EpiPen. Auvi-Q was taken off the market last year because of the potential for inaccurate dosing, leaving EpiPen without any direct competition.

Mylan lost 70 cents, or 1.6 percent, to $38.08. The stock is down 22 percent since mid-August as the company has come under fire for repeatedly raising the price of the EpiPen over the last decade and for overcharging the government for the shot.

In other energy trading, wholesale gasoline slid 2 cents to $1.48 a gallon. Heating oil lost 1 cent to $1.55 a gallon. Natural gas fell 4 cents to $2.73 per 1,000 cubic feet.

Gold fell $7 to $1,266.60 an ounce. Silver lost 15 cents to $17.63 an ounce. Copper was little changed at $2.15 a pound.

The dollar inched up to 104.54 yen from 104.22 yen. The euro rose to $1.0906 from $1.0892.

The FTSE 100 of Britain dropped 0.8 percent while Germany's DAX lost 0.4 percent and the CAC 40 in France gave up 0.1 percent. Japan's Nikkei 225 edged 0.2 percent higher, but Hong Kong's Hang Seng dropped 1 percent and South Korea's Kospi lost 1.1 percent.

 

[CanOz]

Teska just smashed thier results! the market is pretty short too, this may create some short covering.

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed LOWER ▼ -29.65 points or ▼ -0.16% on Thursday, October 27, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,169.68 ▼ -29.65 ▼ -0.16%
Nasdaq____ 5,215.97 ▼ -34.29 ▼ -0.65%
S&P_500___ 2,133.04 ▼ -6.39 ▼ -0.30%
30_Yr_Bond____ 2.60 ▲ 0.07 ▲ 2.56%

NYSE Volume 4,173,767,250
Nasdaq Volume 1,819,864,750

Europe
Symbol... .....Last ….....Change.......
FTSE_100 6,986.57 ▲ 28.48 ▲ 0.41%
DAX_____ 10,717.08 ▲ 7.40 ▲ 0.07%
CAC_40__ 4,533.57 ▼ -1.02 ▼ -0.02%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,378.40 ▼ -63.70 ▼ -1.17%
Shanghai_Comp 3,112.35 ▼ -3.96 ▼ -0.13%
Taiwan_Weight 9,299.55 ▼ -62.70 ▼ -0.67%
Nikkei_225___ 17,336.42 ▼ -55.42 ▼ -0.32%
Hang_Seng.__ 23,132.35 ▼ -193.08 ▼ -0.83%
Strait_Times.__ 2,828.94 ▲ 0.37 ▲ 0.01%
NZX_50_Index_ 6,941.95 ▲ 45.75 ▲ 0.66%

http://finance.yahoo.com/news/healt...higher-solid-earnings-140526050--finance.html

US stock indexes slip further, but bond yields surge

NEW YORK (AP) ”” U.S. stocks slipped for the third consecutive day Thursday as media and defense companies skidded. Bond yields climbed to their highest levels since May, which helped banks and hurt stocks that pay big dividends.

Stocks started the day higher and were flat at midday, then gradually slid through the afternoon. Cable and TV companies and publishers sank, and industrial companies like Raytheon and L-3 Communications fell after reporting weak results.

Bond prices fell and yields climbed. That helped banks, since they'll earn more from lending as interest rates rise. It also sent high-dividend stocks like utilities and real estate companies lower as bonds become more appealing to investors seeking income.

Scott Kimball, co-portfolio manager of the BMO TCH Core Plus Bond Fund, said investors believe that central banks will cut back on bond buying. In recent days that's sent prices lower and yields higher.

"The largest bond buyers, the biggest bond managers in the market, have been these central banks," he said. Kimball added that yields could rise further if economic growth picks up.

The Dow Jones industrial average fell 29.65 points, or 0.2 percent, to 18,169.68. The Standard & Poor's 500 index sank 6.39 points, or 0.3 percent, to 2,133.04. The Nasdaq composite lost 34.29 points, or 0.7 percent, to 5,215.97.

Comcast continued to fall as investors worried about competition it could face from a new online TV service like AT&T's DirectTV Now, which was announced Tuesday. Comcast lost $1.08, or 1.7 percent, to $61.48 after falling 3 percent Wednesday.

Competitor Charter Communications and TV networks like CBS and Twenty-First Century Fox also skidded. Automaker and auto parts retailers also fell, which contributed to the losses for consumer companies.

Raytheon gave up $5, or 3.5 percent, to $136.28 as its outlook failed to impress investors. Communications and surveillance company L-3 Communications gave up $10.96, or 7.4 percent, to $137.75 after it posted weak sales. Aerospace giant Boeing slipped after a big surge Wednesday.

U.S. government bond prices dropped. The yield on the 10-year Treasury note jumped to 1.85 percent from 1.79 percent a day earlier, its highest yield in almost five months.

Bristol-Myers Squibb broke out of a slump after it raised its annual forecasts. The stock has fallen by about one-third since early August as investors worried about sales of its cancer treatment Opdivo. The stock rose $2.67, or 5.4 percent, to $51.96. Celgene also raised its forecasts as sales of its cancer drug maker Revlimid kept rising. The stock added $6.34, or 6.4 percent, to $104.75.

Smartphone chipmaker Qualcomm said it will buy NXP for $38 billion, or $110 per share in cash. Qualcomm jumped $1.89, or 2.8 percent, to $70.09 and NXP rose 42 cents to $99.09. The deal has been rumored for about a month and investors were excited about the prospect. Qualcomm has climbed 10 percent and NXP is up 20 percent since it was first reported that the companies were in talks.

Phone companies Level 3 Communications and CenturyLink surged after the Wall Street Journal said the two companies are in talks to combine. CenturyLink soared $2.75, or 9.7 percent, to $31 and Level 3 climbed $4.95, or 10.5 percent, to $51.87. AT&T, Verizon and Frontier Communications also rose.

Newspaper publishers Gannett and Tronc, the company formerly known as Tribune Publishing, both slumped on reports they may not be able to combine. Bloomberg reported Thursday that banks financing the deal were not willing to help fund it. The report cited anonymous sources and said the companies were still talking. USA Today publisher Gannett dropped $1.69, or 17.1 percent, to $8.21 and Tronc fell $4.73, or 27.8 percent, to $8.21 in heavy trading.

Earnings continued to pour in after the closing bell. Amazon fell 4 percent in aftermarket trading after its profit fell short of analysts' estimates, and Alphabet, the corporate parent of Google, rose 1 percent after it surpassed expectations.

Oil prices recovered after falling for three days in a row. U.S. benchmark crude rose 54 cents, or 1.1 percent, to $49.72 a barrel in New York. Brent crude, the international standard, added 49 cents, or 1 percent, to $50.47 a barrel in London.

 

[notting]

Markets getting a bit skittish over Hillary emails which are nothing.
So what Bill made some money public speaking, who cares whether it's for places donating to his charity. WTF!

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed LOWER ▼ -8.49 points or ▼ -0.05% on Friday, October 28, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,161.19 ▼ -8.49 ▼ -0.05%
Nasdaq____ 5,190.10 ▼ -25.87 ▼ -0.50%
S&P_500___ 2,126.41 ▼ -6.63 ▼ -0.31%
30_Yr_Bond____ 2.62 ▲ 0.01 ▲ 0.58%

NYSE Volume 3,997,066,750
Nasdaq Volume 1,827,524,750

Europe
Symbol... .....Last ….....Change.......
FTSE_100 6,996.26 ▲ 9.69 ▲ 0.14%
DAX_____ 10,696.19 ▼ -20.89 ▼ -0.19%
CAC_40__ 4,548.58 ▲ 15.01 ▲ 0.33%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,370.90 ▼ -7.50 ▼ -0.14%
Shanghai_Comp 3,104.27 ▼ -8.08 ▼ -0.26%
Taiwan_Weight 9,306.92 ▲ 7.37 ▲ 0.08%
Nikkei_225___ 17,446.41 ▲ 109.99 ▲ 0.63%
Hang_Seng.__ 22,954.81 ▼ -177.54 ▼ -0.77%
Strait_Times.__ 2,816.26 ▼ -12.68 ▼ -0.45%
NZX_50_Index_ 6,943.30 ▲ 1.35 ▲ 0.02%

http://finance.yahoo.com/news/us-st...trong-economic-report-140824903--finance.html

Stocks wilt after FBI inquiry into new Clinton emails

NEW YORK (AP) — A midday advance on the stock market wilted in afternoon trading Friday after the FBI notified Congress that it will investigate new emails linked to Democratic presidential candidate Hillary Clinton.

The market had started out on a strong note after the government reported that the economy broke out of a slump in the third quarter and grew at the fastest pace in two years.

The early climb was led by industrial, energy and technology companies, which would stand to benefit most from a pickup in economy, but the gains disappeared after the FBI made its announcement at about 1 p.m. Eastern. Clinton has led in recent polls, and the surprise development added new uncertainty just a week and a half before the presidential election.

"I think the betting has to be that there's nothing too damning, but we don't know," said Brad McMillan, chief investment officer for Commonwealth Financial Network.

The Dow Jones industrial average closed down 8.49 points, less than 0.1 percent, at 18,161.19. The index was 80 points higher shortly before the new inquiry was disclosed, then went down as much as 74 points in the minutes that followed.

The Standard & Poor's 500 index dipped 6.63 points, or 0.3 percent, to 2,126.41. The Nasdaq composite slid 25.87 points, or 0.5 percent, to 5,190.10.

Health care companies took the biggest losses by far. Prescription drug distributor McKesson plunged to a three-year low after its revenue fell about $1.5 billion short of estimates. The company slashed its annual outlook because of weaker drug prices, and investors worried that McKesson and its rivals will compete by making bigger cuts in prices.

McKesson tumbled $36.39, or 22.7 percent, to $124.11 and competitor AmerisourceBergen lost $10.36, or 13 percent, to $69.14 while Cardinal Health shed $7.30, or 9.8 percent, to $67.50.

Drugmakers were pummeled on weak earnings. Amgen, the world's largest biotech drug company, reported solid results for the third quarter and raised its guidance. However the company also disclosed flat sales of the anti-inflammatory medication Enbrel, its top-selling drug. Enbrel will soon face more competition, which could hurt sales.

Amgen gave up $15.39, or 9.6 percent, to $145.18. It was the stock's worst one-day loss since October 2000. Drugmaker AbbVie disclosed weak sales and lost $3.86, or 6.3 percent, to $57.60.

Health care stocks are the worst performing part of the market this year. They're down 6 percent while the S&P 500 is up 4 percent. Their performance compared to the rest of the market has gotten even worse over the last few months.

Earlier, stocks rose after the economy grew faster than expected during the third quarter. The Commerce Department said exports grew and more businesses restocked their shelves. In total, gross domestic product grew 2.9 percent, which was better than economists expected. Growth had slowed down late last year, causing worry among investors.

McMillan said he thinks the economy should keep growing at a similar pace for the next few quarters.

"We're already seeing business and consumer confidence come back," he said.

General Electric and oil and gas drilling services company Baker Hughes rose as they discussed a possible deal. GE said the discussions concern a partnership and that it doesn't intend to buy Baker Hughes outright. Baker Hughes tried to merge with competitor Halliburton two years ago, but the companies walked away from the combination after the federal government sued to block it. GE added 59 cents, or 2.1 percent, to $29.22 and Baker Hughes gained $4.57, or 8.4 percent, to $59.12.

Other industrial stocks including United Technologies, which makes products including jet engines and elevators, and manufacturer Honeywell also traded higher.

Amazon sank after its profit came up short of analysts' estimates. The company also released a weak outlook. The stock is trading at all-time highs and has surged more than 30 percent over the last 12 months. It fell $42.04, or 5.1 percent, to $776.32.

AB InBev cut its annual revenue forecast following weak results from its business in Brazil. The world's largest beer maker fell $4.62, or 3.8 percent, to $116.84.

U.S. crude fell $1.02, or 2.1 percent, to $48.70 a barrel in New York. That was its lowest price this month. Brent crude, the international standard, lost 76 cents, or 1.5 percent, to $49.71 a barrel in London.

4061

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed LOWER ▼ -18.77 points or ▼ -0.10% on Monday, October 31, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,142.42 ▼ -18.77 ▼ -0.10%
Nasdaq____ 5,189.13 ▼ -0.97 ▼ -0.02%
S&P_500___ 2,126.15 ▼ -0.26 ▼ -0.01%
30_Yr_Bond____ 2.59 ▼ -0.03 ▼ -1.03%

NYSE Volume 3,871,485,000
Nasdaq Volume 1,533,651,380

Europe
Symbol... .....Last ….....Change.......
FTSE_100 6,954.22 ▼ -42.04 ▼ -0.60%
DAX_____ 10,665.01 ▼ -31.18 ▼ -0.29%
CAC_40__ 4,509.26 ▼ -39.32 ▼ -0.86%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,402.40 ▲ 31.50 ▲ 0.59%
Shanghai_Comp 3,100.49 ▼ -3.78 ▼ -0.12%
Taiwan_Weight 9,290.12 ▼ -16.80 ▼ -0.18%
Nikkei_225___ 17,425.02 ▼ -21.39 ▼ -0.12%
Hang_Seng.__ 22,934.54 ▼ -20.27 ▼ -0.09%
Strait_Times.__ 2,813.87 ▼ -2.39 ▼ -0.08%
NZX_50_Index_ 6,960.68 ▲ 17.38 ▲ 0.25%

http://finance.yahoo.com/news/stocks-flat-early-trade-us-141433382.html

US indexes waver as traders use caution ahead of election

NEW YORK (AP) -- Stocks were mostly unchanged on Monday, despite some positive economic data and a raft of big new merger announcements over the weekend.

Hesitant traders continue to watch the day-to-day developments of the U.S. presidential election, which is slightly more than a week away.

The Dow Jones industrial average lost 18.77 points, or 0.1 percent, to 18,142.42. The Standard & Poor's 500 index fell 0.26 points, or less than 0.1 percent, to 2,126.15 and the Nasdaq composite fell 0.97 points, or less than 0.1 percent, to 5,189.13.

With Monday's close the major indexes ended the month of October broadly lower. The Dow fell 0.9 percent, the S&P 500 fell 1.94 percent and the Nasdaq fell 2.3 percent. It was the third-straight month of declines.

The news out late last week regarding newly found emails related to Hillary Clinton's email practices threw the election's results into more uncertainty, which investors typically don't like. Over the weekend, the FBI obtained a warrant to begin reviewing newly discovered emails that may be relevant to the Hillary Clinton email investigation, a law enforcement official told The Associated Press.

"The reopening of the email investigation into Hillary Clinton certainly throws a wrench into the Presidential election now just eight days away," said John Briggs, head of fixed income strategy for the Americas at RBS, in a note to investors.

Along with the election, investors have two heavyweight events on the economic front this week: a meeting of the Federal Reserve and the October jobs report. It's widely expected that the Fed's policymakers will not raise interest rates so close to the election and will wait until the December meeting to raise rates. However, any economic observations from the bank will be important to investors. The jobs report will be the last major piece of economic data out before the Nov. 8 election.

It's also a busy week for corporate earnings, with more than one-fifth of S&P 500 companies reporting their quarterly results.

Wall Street got another wave of mega mergers over the weekend. General Electric announced it would merge its oil and gas division with Baker Hughes, creating a new company with $32 billion in annual revenue. GE rose fell 12 cents, or 0.4 percent, to $29.10 while Baker Hughes fell $3.72, or 6.3 percent, to $55.40.

Separately, telecommunications company CenturyLink announced it was purchasing competitor Level 3 Communications for $24 billion. CenturyLink fell $3.81, or 12.5 percent, to $26.58 and Level 3 rose $2.10, or 4 percent, to $56.15. Earlier this month AT&T announced it would buy Time Warner for $80 billion.

The wave of mergers was not limited to the U.S. On Monday three of Japan's largest shipping companies announced they would merge their shipping container operations.

U.S. government bond prices rose slightly. The yield on 10-year Treasury note fell to 1.83 percent from 1.85 percent on Friday. The dollar rose against the euro, British pound and the Japanese yen.

U.S. benchmark oil futures extended their losses after falling last week to their lowest price this month. Crude fell $1.84 to $46.86 a barrel in New York. Brent crude, the international standard, fell $1.41 to $48.30 a barrel.

In other energy commodities, wholesale gasoline fell 2 cents to $1.45 a gallon and heating oil fell 5 cents to $1.496 a gallon. Natural gas fell 8 cents to $3.026 per thousand cubic feet.

METALS: The price of gold fell $3.70 to $1,273.10 an ounce, silver was unchanged at $17.80 an ounce and copper edged up 1 cent to $2.21 a pound.

 

[bigdog]

Source: http://finance.yahoo.com

The NYSE DOW closed LOWER ▼ -105.32 points or ▼ -0.58% on Tuesday, November 1, 2016
Symbol …........Last …......Change.......
Dow_Jones 18,037.10 ▼ -105.32 ▼ -0.58%
Nasdaq____ 5,153.58 ▼ -35.56 ▼ -0.69%
S&P_500___ 2,111.72 ▼ -14.43 ▼ -0.68%
30_Yr_Bond____ 2.57 ▼ -0.02 ▼ -0.70%

NYSE Volume 4,508,916,500
Nasdaq Volume 1,782,757,000

Europe
Symbol... .....Last ….....Change.......
FTSE_100 6,917.14 ▼ -37.08 ▼ -0.53%
DAX_____ 10,526.16 ▼ -138.85 ▼ -1.30%
CAC_40__ 4,470.28 ▼ -38.98 ▼ -0.86%

Asia Pacific
Symbol...... ….......Last .....Change…......
ASX_All_Ord___ 5,375.20 ▼ -27.20 ▼ -0.50%
Shanghai_Comp 3,122.44 ▲ 21.94 ▲ 0.71%
Taiwan_Weight 9,272.70 ▼ -17.42 ▼ -0.19%
Nikkei_225___ 17,442.40 ▲ 17.38 ▲ 0.10%
Hang_Seng.__ 23,147.07 ▲ 212.53 ▲ 0.93%
Strait_Times.__ 2,813.69 ▼ -0.18 ▼ -0.01%
NZX_50_Index_ 6,930.49 ▼ -30.19 ▼ -0.43%

http://finance.yahoo.com/news/investors-focused-election-stocks-remain-check-141338193.html

Stocks fade as nervous investors watch 2016 election
[Associated Press]
Ken Sweet, AP Business Writer

NEW YORK (AP) -- Stocks closed broadly lower on Tuesday, as nervous investors continued to monitor the run-up to the 2016 election, which is turning out to be closer than previously expected.

Newspaper stocks fell as Gannett and Tronc, publisher of The Los Angeles Times, called off a merger and drugmaker Pfizer fell as the company cut its full-year forecast.

The Dow Jones industrial average lost 105.32 points, or 0.6 percent, to 18,037.10. The Standard & Poor's 500 index lost 14.43 points, or 0.7 percent, to 2,111.72 and the Nasdaq composite lost 35.56 points, or 0.7 percent, to 5,153.58.

Increasingly, investors' focus has been the presidential election, as polls between Hillary Clinton and Donald Trump appear to have tightened following last week's news that the FBI had opened a new investigation into Clinton's private email server. The narrowing in the race has introduced a new element of uncertainty into financial markets; something that analysts say is likely to keep trading in check.

There were several signs of nervousness in the market. Gold prices rose and the Mexican peso, which has become a proxy for Trump's chances to win, has been falling steadily against the U.S. dollar since Friday. The peso lost nearly 2 percent against the dollar, a significant move in currency trading.

"While Hillary Clinton is still expected to win the final vote, email concerns notwithstanding, next week's outcome could well be too close for comfort," said Michael Hewson, chief markets analyst at CMC Markets.

Notably, the VIX, a measure of volatility that is nicknamed Wall Street's "fear gauge," jumped 14 percent on Tuesday to its highest level since June.

"The tightening in the polls has gotten the market into a bit of a risk-reduction mode. A week ago it was a Clinton blowout. Now, all of a sudden, it's turning into a bit of a race," said Tom di Galoma, managing director of Treasury trading at Seaport Global Holdings.

Outside of the election, investors will be watching the Federal Reserve, which wraps up a two-day meeting on Wednesday. It is widely expected the nation's central bank will keep interest rates stable, due to the meeting's proximity to the general election.

Shares of newspaper company Tronc, which publishes the Los Angeles Times and the Chicago Tribune, plunged $1.49, or 12 percent, to $10.54 after Gannett said it would stop its bid to buy the company. Gannett fell 19 cents, or 2 percent, to $7.59.

The spin-off of Yum Brands' operations in China jumped $1.95, or 8 percent, to $26.19 on its first day of trading. Yum's flagship brand, KFC, has been a success story in China for decades and is by far the largest fast-food franchise in the country. Yum had been pressured by activist shareholders to spin off its China operations.

Drugmaker Pfizer fell 64 cents, or 2 percent, to $31.07 after the company reported third-quarter profits plunged 38 percent, despite higher sales. The mediocre results missed Wall Street expectations and Pfizer lowered the top end of its 2016 profit forecast.

U.S. benchmark oil futures fell 19 cents to close at $46.67 a barrel on the New York Mercantile Exchange. Brent crude, the international standard, lost 47 cents to $48.14 a barrel.

In other energy trading, heating oil rose 1 cent to $1.52 a gallon, wholesale gasoline rose 6 cents to $1.48 a gallon and natural gas fell 12 cents to $2.90 per 1,000 cubic feet.

U.S. government bond prices rose. The yield on the 10-year Treasury note fell to 1.82 percent from 1.83 percent. In currency trading, the euro rose to $1.1064 from $1.0969 and the dollar fell to 103.90 yen from 104.90 yen.

Precious and industrial metals futures closed broadly higher. Gold climbed $14.90 to $1,288 an ounce, silver rose 62 cents to $18.42 an ounce and copper increased 2 cents to $2.23 a pound.