Energy stocks continued to be a drag on the market, as the price of oil fell once again.
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United States consumer prices unchanged in November
But the November numbers are still lower than the 5.8 per cent targeted by the Reserve Bank of India (RBI) for January 2016. A strong dollar, as well as an inventory glut is keeping price increases for some core goods in check.
The Nasdaq Composite Index was up 18.48 points, or 0.38 percent, to 4,941.56.
Ireland to host Slovakia in Euro 2016 warm-up friendly in March
Of course we can dream, like Greece and Denmark once did [winning Euro 2004 and Euro ’92 respectively]. Many have already booked up for the 13 and win, lose or draw its guaranteed to be two weeks of fun.
About 50 minutes into trading, the Dow Jones Industrial Average was at 17,288.33, up 36.71 points (0.21 percent). Crude oil was down 37 cents, or 1 percent, to $35.71 a barrel.
‘Star Wars: The Force Awakens’ breaks box-office records
It remains to be seen if ” The Force Awakens ” will top the record 9 million that “Jurassic World” opened with in June. Somehow, there’s another sound that is much more relevant to any discussion of the Star Wars phenom.
Shares in USG People also surged 28 percent after Japanese employment agency Recruit agreed to buy the Dutch staffing company for 1.4 billion euros ($1.53 billion), a premium of 31 percent to its closing price on Monday.
The market impact of the Federal Reserve’s decision last week to raise interest rates for the first time in almost a decade has faded. ConocoPhillips fell 84 cents, or 2 percent, to $45.10. Apple rose 1.2 per cent as it reached an agreement with Swedish telecoms giant Ericsson to settle several patent disputes.
At this point, many fund managers and traders have closed their books for 2015.
From the other direction, when companies have a low rank among analysts, it isn’t necessarily the case that investors should conclude that the stock will perform poorly.
Global stock markets posted solid gains Monday at the start of a trading week that’s likely to see trading levels depressed by Christmas.
The report showed personal consumption, which drives about two-thirds of the activity in the U.S. economy, rose by an estimated 3.0 percent. The FTSE 100 index of leading British shares was 0.7 percent higher at 6,099.
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The estimate for USA growth in the July to September period was shaved from 2.1 percent to 2.0 percent, in part because of lower business investment in inventories. Seoul’s Kospi advanced 0.3 percent to 1,981.19, while Sydney’s S&P/ASX 200 was unchanged at 5,109.00. The dollar rose up 0.1% compared with the yen at ¥121.26.
