December 12, 2017
Thursday, April 14, 2016

Financial shares mint fifth day of gains; indexes close flat

Wall Street was little changed on Thursday after two days of solid gains as investors digested the latest round of big bank earnings and financial shares kept bouncing back.

The Dow Jones industrial average rose 18.15 points, or 0.1 percent, to 17,926.43, the S&P 500 gained 0.36 points, or 0.02 percent, to 2,082.78 and the Nasdaq Composite dipped 1.53 points, or 0.03 percent, to 4,945.89.

European shares inched higher on Thursday at the end of a choppy day, with food company Nestle gaining after an encouraging earnings update and Ferrovial leading the advance on a broker's upgrade.

The pan-European FTSEurofirst 300 index, which had risen 2.6 percent to its highest level since March 14 in the previous session, ended up 0.3 percent without making a fresh closing high.

Japan's Nikkei soared to more than a two-week high, as a weaker yen lifted sentiment and eased concerns about exporters' earnings.

The Nikkei share average rose 3.2 percent to 16,911.05, the highest closing level since March 29.

The broader Topix climbed 2.9 percent to 1,371.35, with all of its 33 subindexes in positive territory. Trading volume was high, with 2.5 billion shares changing hands.

The JPX-Nikkei Index 400 advanced 3.1 percent to 12,403.09.

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Tags:  US  stock market  Europe  Nikkei  

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Edition No. 5055 - This publication is a property of NEFIR S.A. -RNPI Nº 5343955 - Issn 1852 - 9224 - Te. 4349-1500 - San Juan 141 , (C1063ACY) CABA - Director Perdiodístico: Ricardo Daloia