frozenmail.net
frozenmail.net August 21, 2017


Dow tops 22000 as Apple rallies; euro strengthens

02 August 2017, 07:58 | Virginia Santiago

Guggenheim Dow Jones Industrial Average Div ETF (DJD) Is Showing Near Term Bullish Signs

ETF Performance Report July

The S&P 500 increased 0.24% and the Nasdaq added 0.23%. The S&P 500 has advanced 0.2% to 2,475.50, while the Nasdaq Composite has gained 0.3% to 6,365.26. The blue-chip index has finished at records the last four days.

St. Louis Federal Reserve James Bullard is opposed to further US interest rate increases by the central bank and warned that more hikes could hinder domestic inflation from achieving the Fed's 2-percent goal, Market News International reported.

Although consumer spending increased 0.1% as expected in June, both personal income and real personal consumption disappointed with flat readings.

"The market takes the good and immediately discounts the bad", said Jake Dollarhide, chief executive officer of Longbow Asset Management. The euro, coming off its best month since March 2016, reached a new 2 1/2-year high against the ailing dollar.

A 0.22% fall in healthcare led the laggards.

Automaker Ford (F.N) fell 2.41% and General Motors (GM.N) lost 3.39% after they reported lower monthly sales. The information technology and industry sectors posted some of the strongest growth. "But the biggest catalyst in this sector is Shopify's quarter".

'Game of Thrones' recap: "The Queen's Justice"
Afterward, he and Olenna had a very calm conversation where he talked about all the ways that Cersei wanted Olenna killed. So no, Jon's not going to bend the knee, and Dany's not going to give him dragonglass - at least not right away.

Air Canada also rose $ 1.91, or 9.6%, to $ 21.74 after the airline reported its most recent results.

Apple's stock was up by more than 6% alone on Wednesday - with investor concerns about a potential delay to the iPhone 8 release apparently being eased by the company's forecasts of higher revenue in the current quarter. In particular, the company benefited from increased air traffic and lower costs.

Furthermore, the ISM's manufacturing survey registered a slightly larger-than-expected drop in July although the report indicated that the overall economy had expanded for a 98th consecutive month.

SPDR Dow Jones Industrial Average ETF (NYSE:DIA) saw some unusual options trading activity on Tuesday.

Brent crude was last down 0.2% at $52.62 a barrel after earlier gains in oil prices lifted shares of energy companies in Australia and Hong Kong.



Other News

Trending Now

Arsene Wenger says Alexis Sanchez is staying at Arsenal
Speaking to 24 Horas in Chile, Bravo is quoted as saying today, "If he decides to go, we'll wait for him with open arms at City". In the early game, Leipzig beat Benfica 2-0 thanks to goals from Marcel Halstenberg and Marvin Compper.

Only 600M Years Left to Experience Total Solar Eclipse
Just to the north and east, in parts of Wyoming and Nebraska, viewers will experience the "totality" - a full solar eclipse. What's more, the company's Nashville store falls within the path of totality and will host a viewing party.

More than 30 neighborhoods in Montgomery prepare for National Night Out
The Carroll County Sheriff's Office will be out at New Windsor Volunteer Fire Company's carnival grounds from 6:30 to 8:30 p.m. Vavra Park in Merriam is just one of the many places throughout the metro where police officers will meet with the community.

Taoiseach Criticises Trump's Plan To Ban Transgender Military Personnel
As if he doesn't have enough controversy to contend with, President Donald Trump created yet another distraction last week. It also found that countries such as Canada and the United Kingdom saw no effect on military readiness .

Federal Realty Investment Trust (NYSE:FRT)
Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Empire State Realty Trust by 8.4% in the first quarter. BidaskClub lowered Empire State Realty Trust from a "hold" rating to a "sell" rating in a research report on Tuesday, July 25th.

Allow special counsel to finish essential job
If Mueller is fired, Republicans will quickly distance themselves from Trump , something they should have done long ago. Trump told The New York Times that if Mueller looks at anything involving his business dealings, "that's a violation ".

USA nuclear reactor project collapses
Westinghouse filed for bankruptcy March 29, overwhelmed by the cost overruns on two reactors at the V.C. Fluor Corp., a contractor that Scana had previously said was capable of taking over the V.C.

McCain Praised by Unions for Killing Obamacare Repeal
The vote was on a so-called " skinny repeal " bill that would have rolled back only parts of Obamacare but kept the bulk of the law intact.

Small Businesses Unsure About Health Care
Traveling Friday afternoon, President Trump responded to questions about the health care vote by saying, "It's going to be fine". They may also lose trust in their government and their elected leaders, and, eventually, in democratic government itself.

'Bachelorette Men Tell All': Kenny King's daughter steals the show
The insider said, "somehow, Rachel didn't manage to make the flight for some reason". " The Bachelorette " season 13 airs Mondays. Of the Bachelorettes , season one's Trista and Ryan Sutter are still together, even after her health scare earlier this summer.