Stock market rebound

Stock market rebound

Posted: TESTTEST Date of post: 19.07.2017

MarketWatch: Stock Market News - Financial News

On Wednesday, the technology-heavy index saw its worst one-day decline since late June. The index was supported by rebounds in major technology names, including Apple Inc. The three are all among the largest companies by market value, which helped to boost the overall market.

The broader market was more evenly divided, with slightly more advancing stocks than decliners on the New York Stock Exchange. The Dow Jones Industrial Average DJIA, The blue-chip average was led higher by shares of Wal-Mart Stores Inc. Meanwhile, shares of Cisco Systems Inc. Cisco shows effects of Trump uncertainty. Equities were helped in part by the latest economic data.

Initial jobless claims fell by 4, in the latest week, the second-lowest reading of the economic recovery , which began eight years ago.

Continuing claims were at their lowest level since Separately, the Philadelphia Fed manufacturing index jumped to a reading of The lack of a follow-through in that selloff on Thursday points to the thinking that the economy is still doing relatively well , that companies turned in a strong earnings quarter, and that the drama out of D.

Wall Street could continue to be driven by the news coming out of Washington. The wheels are coming off for U. The reports have sparked talk of potential impeachment for Trump, though many believe the situation is far from reaching that point. In one recent development, former FBI head Robert Mueller has now been named as special counsel to investigate potential collusion between the Trump campaign and Russia.

Alibaba Group Holding Ltd. Shares of Pandora Media Inc. Shares of Incyte Corp. Incyte shares finished up 6. Cleveland Fed President Loretta Mester reiterated comments similar to those from May 8, stating that she sees stronger consumer spending ahead and that the Fed needs to keep raising rates.

The dollar DXY, Global stocks fell Thursday in the wake of the U. The Nikkei index NIK, European stocks finished lower as the Stoxx Europe index SXXP, CLM7 traded higher , with West Texas Intermediate crude settling up 0. By using this site you agree to the Terms of Service , Privacy Policy , and Cookie Policy. Intraday Data provided by SIX Financial Information and subject to terms of use. Historical and current end-of-day data provided by SIX Financial Information.

All quotes are in local exchange time. Real-time last sale data for U. Intraday data delayed at least 15 minutes or per exchange requirements. ET August WTI oil down 16 cents, or 0.

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My MarketWatch Watchlist Alerts Games Log In. Stocks close higher as tech, economic data power rebound. By Barbara Kollmeyer and Ryan Vlastelica. By Barbara Kollmeyer Markets reporter.

stock market rebound

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stock market rebound

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