Saturday
November 22, 2014
Wednesday, July 16, 2014

Wall Street ends higher; Dow at record close

US stocks rose today, with the Dow Jones industrial average closing at a record high, boosted by the latest merger news and some strong corporate earnings.

The Dow Jones industrial average rose 77.33 points or 0.45 percent, to end unofficially at 17,138.01. The S&P 500 gained 8.26 points or 0.42 percent, to finish unofficially at 1,981.54. The Nasdaq Composite added 9.58 points or 0.22 percent, to close unofficially at 4,425.97.

European equity markets also recovered today from losses in the previous session as a rebound in Banco Espirito Santo and in mining stocks lifted the region's bourses.

The pan-European FTSEurofirst 300 index, which had slipped 0.4 percent on Tuesday, was up 1.2 percent at 1,375.14 points. The euro zone's blue-chip Euro STOXX 50 index rose 1.4 percent to 3,197.81 points.

Meanwhile, Japan's Nikkei share average edged down after staying nearly flat for most of the session as investors took profits from gains the previous day, while China's economic data received a muted reaction from the market.

China's economy expanded by 2.0 percent in the second quarter from the previous quarter, taking annual growth to 7.5 percent. Retail sales and industrial output were either in line with forecasts or slightly higher.

The Nikkei ended 0.1 percent lower at 15,379.30 after it closed at a 1-1/2-week high the previous day. The broader Topix was flat at 1,273.59, and the JPX-Nikkei Index 400 was also flat at 11,588.37.

  • CommentComment
  • Increase font size Decrease font sizeSize
  • Email article
    email
  • Print
    Print
  • Share
    1. Vote
    2. Not interesting Little interesting Interesting Very interesting Indispensable
Tags:  US  stock market  Europe  Nikkei  





22
  • Comment
  • Increase font size Decrease font size
  • mail
  • Print

COMMENTS >

Comment




Grupo ámbito ámbito financiero ambito.com Docsalud AlRugby.com Premium El Ciudadano El Tribuno Management

Director: Orlando Mario Vignatti - Edition No. 4318 - This publication is a property of NEFIR S.A. -RNPI Nº 5177376 - Issn 1852 - 9224 - Te. 4349-1500 - San Juan 141 , (C1063ACY) CABA