• home
  • about us
  • write for us
  • terms and conditions
  • privacy policy
  • site map
  • contact us
facebook
rss
tumblr
twitter
google_plus
pinterest
Celebrity Cafe
entertainment, headline, celebrity, world news
Newsletter
  • Celebrity News
  • Celebrity News
  • Gossips
  • Celeb A-Z
  • Events
  • Hollywood
  • Style & Beauty
  • Movies
  • Music
  • SHOWBIZ
  • Relationships
  • More
    • US News
    • World News
    • Business
    • Celebrity Insider
    • Technology
    • Science
    • Sports
    • Health

United States stocks rise despite Alcoa slide

Posted On Oct 09 2015
By : Dave Harris
Comment: Off
Tag: Market

Minutes from the Federal Reserve’s September meeting showed policymakers were anxious about a global economic slowdown weighing on the economy, which investors took to mean that rates would stay at near-zero levels this year.

U.S. stocks have finished a buoyant week on an up note, with the tech-rich Nasdaq enjoying the biggest gains thanks to Apple.

The Dow Jones Industrial Average (DJIA – 17,084.49) tracked a roughly 84-point range today, eventually settling with a 33.7-point, or 0.2%, win. The Nasdaq Composite ended the day up 19.68 points, or 0.4%, at 4,830.47 and advanced 2.6% over the week.

The Dow is down 738.58 points, or 4.1 percent.

All ten major S&P sectors were up, with the energy index’s 1.4 percent rise leading the advancers.

Gold futures on the COMEX division of the New York Mercantile Exchange extended gains on Monday as weak U.S.jobs data continued to ease fears that the Fed would hike rates in 2015.

Alcoa fell almost 5 percent to $10.44 after it reported disappointing results.

“When management starts talking about what they’re doing on addressing the China issue, the stronger dollar, as well share buybacks or dividend increases, that is what’s going to dictate market action and people’s focus”, said Kevin Kelly, CIO of Recon Capital Partners.

Energy stocks were among the biggest gainers on Thursday, following oil higher.

The US trade balance is already feeling the pressure from these dynamics, with the trade deficit rising 15.6 percent to $48.3 billion in September. Ebay’s stocks were down more than 7 percent.

Advancing issues outnumbered decliners on the NYSE by 1,672 to 1,270.

The CBOE Volatility Index (VIX – 17.08) shed 0.3 point, or 2%, to close at its lowest mark since August. 19.

Netflix recovered from a decline to surge more than five per cent on news that the streaming giant will hike prices on the standard plan by $1 a month to $9.99.

Global Stock Market Rally Pauses As Investors Wait For More Interest Rate

    Previous Story

    House bill targets health law, Planned Parenthood funds

    Next Story

    Newly arrived Lee says Celtics has plenty in common with Warriors, can

    Related Posts

    off

    Gold near one-week high as investors see Fed delaying rate hike

    Posted On Oct 07 2015
    , By Mike Harrison
    off

    Axis Bank slashes base rate by 35 bps to 9.5%

    Posted On Oct 07 2015
    , By David Lee
    off

    USA oil rigs drop to lowest in five years

    Posted On Oct 05 2015
    , By David Lee
    off

    Gold climbs Rs 397 in futures trade on global cues

    Posted On Oct 05 2015
    , By David Lee

    Advertisement




    Follow us

    Newsletter Subscription

    Stay informed about the latest celebrity, entertainment news and subscribe to our newsletter.
    CelebCafe on Pinterest

    RECENT

    POPULAR

    COMMENTS

    3 Celebrity Homes to Match Your Home With

    Posted On Oct 31 2018

    3 Kinds of Clothing You Can Repurpose for Fall

    Posted On Oct 27 2018

    Partnering to Raise Money and Help Save Lives

    Posted On Oct 15 2018

    Nina Dobrev Dissed Nikki Reed Saying She Does Not Deserve Ian Somerhalder

    Posted On Feb 01 2015

    Kristen Stewart Is the Cover Girl of ELLE September Issue

    Posted On Aug 10 2014

    Justin Bieber Is Planning To Dress like Selena Gomez This Halloween

    Posted On Oct 28 2014

    My mobile phone Samsung Galaxy 2...

    Posted On Jan 14 2017

    She looks like she is just coming off a...

    Posted On Nov 17 2016

    to the chris wallace of fox news there...

    Posted On Jul 22 2016

    Tags

    Apple attack border Chelsea China Chinese Clinton company country debate Democratic Donald Trump England first forces Friday killed Match Monday Obama people percent player Police Premier League president Presidential prices Republican Russian season second start State Support Syria Syrian talks three Trump Tuesday United United States world Years

    Pages

    • about us
    • Celebrity and Entertainment News
    • contact us
    • privacy policy
    • site map
    • terms and conditions
    • write for us

    Categories

    • Business
    • Celeb A-Z
    • Celebrity News
    • Events
    • Gossips
    • Health
    • Hollywood
    • Movies
    • Music
    • Relationships
    • Science
    • SHOWBIZ
    • Sports
    • Style & Beauty
    • Technology
    • US News
    • World News
    Tweets by @CelebCafe
    Copyright © 2019 CelebCafe.org, Celebrity and Entertainment News. website owner MXSTUDIO NETWORK LLP news & opinions games news
    weird news style news news items ABD news Nano News Mercurynewsdaily beacon examiner guangdongnanfang news