Market news

1 September 2017
  • 20:08

    Major US stock indexes rose slightly

    Major US stock indexes recorded a rise on Friday, despite weaker than expected employment data in the US.

    So, job growth in the US slowed more than expected in August after two consecutive months of strong growth, but the growth rate should be more than enough to allow the Federal Reserve to announce plans to begin cutting its large-scale bond portfolio. However, sluggish wage growth could make the US central bank cautious in raising interest rates this year. The Ministry of Labor reported that the number of jobs in the non-agricultural sector increased by 156,000 last month after rising by 189,000 in July.

    The report, published by the Institute for Supply Management (ISM), showed that in August, activity in the US manufacturing sector improved more than average expert predictions. The PMI index for the manufacturing sector was 58.8 points against 56.3 points in July. Analysts had expected the figure to rise to 56.5.

    The final results of the research, submitted by Thomson-Reuters and the Michigan Institute, showed that in July, US consumers felt more optimistic about the economy than last month. According to the data, in August the consumer sentiment index rose to 96.8 points compared with the final reading for July 93.4 points and the preliminary value for August was 97.6 points. It was predicted that the index will be 97.4 points.

    Most components of the DOW index recorded a rise (22 out of 30). The leader of growth was shares of General Electric Company (GE, + 2.59%). Outsider were shares United Technologies Corporation (UTX, -1.52%).

    Most sectors of the S & P index finished trading in positive territory. The conglomerate sector grew most (+ 1.4%). The utilities sector showed the greatest decrease (-0.1%).

    At closing:

    Dow + 0.18% 21.987.11 +39.01

    Nasdaq + 0.10% 6.435.33 +6.67

    S & P + 0.19% 2.476.41 +4.76

  • 19:00

    DJIA +0.30% 22,014.84 +66.74 Nasdaq +0.11% 6,435.84 +7.18 S&P +0.30% 2,478.96 +7.31

  • 16:00

    European stocks closed: FTSE 100 +7.88 7438.50 +0.11% DAX +86.80 12142.64 +0.72% CAC 40 +37.67 5123.26 +0.74%

  • 13:33

    U.S. Stocks open: Dow +0.21%, Nasdaq +0.24%, S&P +0.22%

  • 13:22

    Before the bell: S&P futures +0.26%, NASDAQ futures +0.37%

    U.S. stock-index futures were rose on Friday, as the U.S. jobs report cut the chances the Fed would increase its rates once again this year.


    Global Stocks:

    Nikkei 19,691.47 +45.23 +0.23%

    Hang Seng 27,953.16 -17.14 -0.06%

    Shanghai 3,367.30 +6.49 +0.19%

    S&P/ASX 5,724.59 +10.07 +0.18%

    FTSE 7,450.59 +19.97 +0.27%

    CAC5,117.70 +32.11 +0.63%

    DAX 12,125.89 +70.05 +0.58%

    Crude $47.02 (-0.44%)

    Gold $1,324.90 (+0.20%)

  • 12:53

    Wall Street. Stocks before the bell

    (company / ticker / price / change ($/%) / volume)


    ALCOA INC.

    AA

    44.1

    0.22(0.50%)

    860

    Amazon.com Inc., NASDAQ

    AMZN

    983.17

    2.57(0.26%)

    23357

    Apple Inc.

    AAPL

    164.56

    0.56(0.34%)

    140619

    AT&T Inc

    T

    37.59

    0.13(0.35%)

    4806

    Barrick Gold Corporation, NYSE

    ABX

    18.03

    0.04(0.22%)

    56236

    Boeing Co

    BA

    239.7

    0.04(0.02%)

    3596

    Cisco Systems Inc

    CSCO

    32.25

    0.04(0.12%)

    3882

    Citigroup Inc., NYSE

    C

    68.1

    0.07(0.10%)

    11714

    Deere & Company, NYSE

    DE

    115.95

    0.02(0.02%)

    134

    Exxon Mobil Corp

    XOM

    76.4

    0.07(0.09%)

    1719

    Facebook, Inc.

    FB

    172.2

    0.23(0.13%)

    52431

    Ford Motor Co.

    F

    11.07

    0.04(0.36%)

    24399

    Freeport-McMoRan Copper & Gold Inc., NYSE

    FCX

    14.83

    0.05(0.34%)

    12316

    General Electric Co

    GE

    24.67

    0.12(0.49%)

    15236

    Goldman Sachs

    GS

    224

    0.26(0.12%)

    5355

    Google Inc.

    GOOG

    942.32

    2.99(0.32%)

    5097

    Home Depot Inc

    HD

    150.4

    0.53(0.35%)

    3323

    Intel Corp

    INTC

    35.15

    0.08(0.23%)

    2822

    JPMorgan Chase and Co

    JPM

    91.02

    0.13(0.14%)

    50749

    McDonald's Corp

    MCD

    160.1

    0.13(0.08%)

    3534

    Microsoft Corp

    MSFT

    74.98

    0.21(0.28%)

    27082

    Nike

    NKE

    53.4

    0.59(1.12%)

    2819

    Pfizer Inc

    PFE

    33.95

    0.03(0.09%)

    3449

    Procter & Gamble Co

    PG

    92.5

    0.23(0.25%)

    2657

    Starbucks Corporation, NASDAQ

    SBUX

    55.1

    0.24(0.44%)

    1272

    Tesla Motors, Inc., NASDAQ

    TSLA

    356.6

    0.70(0.20%)

    18286

    The Coca-Cola Co

    KO

    45.58

    0.03(0.07%)

    2004

    Twitter, Inc., NYSE

    TWTR

    16.94

    0.03(0.18%)

    4383

    UnitedHealth Group Inc

    UNH

    199.9

    1.00(0.50%)

    1798

    Verizon Communications Inc

    VZ

    48.11

    0.14(0.29%)

    3243

    Walt Disney Co

    DIS

    101.5

    0.30(0.30%)

    3045

    Yandex N.V., NASDAQ

    YNDX

    30.89

    0.88(2.93%)

    244

  • 12:50

    Target price changes before the market open

    Apple (AAPL) target raised to $180 from $176 at RBC Capital Mkts

  • 07:49

    Major European stock exchanges trading in the green zone: FTSE 7444.12 +13.50 + 0.18%, DAX 12095.11 +39.27 + 0.33%, CAC 5117.90 +32.31 + 0.64%

  • 06:35

    Slow start of trading expected on the main European stock exchanges: DAX flat, CAC 40 + 0.2%, FTSE 100 flat

  • 05:34

    Global Stocks

    European stocks moved higher Thursday, as basic resources shares rose following better-than-expected manufacturing data from China, but retail shares struggled after a warning from French supermarket chain Carrefour SA. The Stoxx Europe 600 index SXXP, +0.77% picked up 0.8% to close at 373.88, adding to a 0.7% gain from Wednesday, when fears of a military conflict between the U.S. and North Korea eased and enlivened buying appetite.

    U.S. stocks advanced on Thursday, with the main indexes posting their fifth consecutive monthly gain. Meanwhile, a rally in biotech shares pushed the Nasdaq Composite into record territory. Earlier, a pair of economic reports in the morning that highlighted continued improvement in the economy also boosted sentiment on Wall Street.

    Asian shares were mostly higher Friday, taking their cue from optimism on Wall Street set off by a report showing spending by U.S. consumers growing in July, along with wages and salaries. Japan's benchmark Nikkei 225 edged up 0.2 percent to 19,684.81 in early trading, while Australia's S&P/ASX 200 added nearly 0.2 percent to 5,723.40. But South Korea's Kospi lost 0.2 percent at 2,359.02.

1 September 2017
Market Focus
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