U.S. stocks swung between gains and losses on Thursday as strong July retail sales and upbeat Walmart earnings eased fears of a recession, but mixed reports on trade and Cisco™s dismal forecast kept investors on edge.
The Commerce Department said retail sales rose 0.7% in July, well above expectations of a 0.3% rise, as consumers bought a range of goods even as they cut back on motor vehicle purchases.
At 11:00 a.m. ET, the Dow Jones Industrial Average was up 20.21 points, or 0.08%, at 25,499.63 and the S&P 500 was up 5.98 points, or 0.21%, at 2,846.58. The Nasdaq Composite was down 1.39 points, or 0.02%, at 7,772.55.
Source : Reuters
RELATED NEWS
Hong Kong stocks finish week on positive note (Review)
Saturday, 7 December 2019 04:32 WIBHong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal. The Hang Seng index added 1.07 percent, or 281.33 points, to 26,498.37. The benchmark Shanghai Composite Index added 0.43 percent, or 12.54 po...
Dow Closes Nearly 340-Points Higher After Jobs Report Sparks Stock-Market Rally
Saturday, 7 December 2019 04:24 WIBU.S. stocks closed solidly higher Friday, helping to wipe out or chip away at weekly losses, after an key employment report for November ignited bullish buying on Wall Street, adding to some modest progress toward a partial Sino-American trade agreement. The Dow Jones Industrial Average gained 337 ...
European stocks close higher after strong US jobs report; Swiss Re up 3%
Saturday, 7 December 2019 00:15 WIBEuropean stocks closed higher Friday as investors digested a better-than-expected nonfarm payrolls report from the U.S. The pan-European Stoxx 600 closed higher 1.16% to 407.35 with every sector in the black. Sentiment was boosted after data showed the U.S. economy added 266,000 jobs in November. E...
Dow jumps 300 points on much better than expected U.S. jobs report for November
Friday, 6 December 2019 23:47 WIBU.S. stocks soared after a much better-than-expected employment report for November from the Labor Department which saw the economy create 266,000 new jobs, the most since January, and the unemployment rote fell to 3.5%, a 50 year low. However, progress toward a partial U.S. - China trade deal rema...
U.S. stocks open higher after jobs report runs hot
Friday, 6 December 2019 21:43 WIBStocks rose sharply at the open Friday after a stronger-than-expected report on employment conditions in November. The Dow Jones Industrial Average jumped 200 points, 0.7%, to open near 27,878, while the S&P 500 rose about 16 points or 0.5%, opening near 3,134. The Nasdaq was up about 63 points...
Gold prices recoup some of their recent losses ahead of U.S. jobs data
Hong Kong stocks end with healthy gains (Review)
Aussie Data Dump: Retail Sales, ( 0% vs 0.3% exp ) Trade Balance, ( 450M vs 6100M exp )
U.S. Stocks Shrug Off Trade Deal Concerns, Close Higher
France Braces for Nationwide Strikes
Hong Kong stocks finish week on positive note (Review)
Saturday, 7 December 2019 04:32 WIB
Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal.
The Hang Seng index added 1.07 percent, or 281.33 points, to 26,498.37.
The benchmark...