Significant strength is also visible among retail stocks, as reflected by the 1.2 percent gain being posted by the Dow Jones U.S. Retail Index.
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ISRO to launch PSLV-C29 rocket for lifting 6 Singapore satellites today
ISRO successfully switched on and off the rocket’s fourth stage/engine 46 minutes after it delivered the satellites in space. PSLV-C29 rocket carrying six Singapore satellites was launched from the spaceport of Sriharikota this evening.
The S&P 500 index showed 23 new 52-week highs and no new lows, while the Nasdaq recorded 56 new highs and 16 new lows. A 3.7% drop in crude oil, to $36.71 a barrel, was the day’s big event on concerns over China’s economic health as well as comments out of Iran reiterating an intent to add 500,000 barrels per day of new exports within a week of sanctions being removed.
Paoli Bridge Christmas Collapse Owed to Driver Who Can’t Count
She had been licensed to drive the big rig since May, and told police she still wasn’t too confident backing the thing up. Sanders said the driver will at least have to pay 5 for disregarding a posted sign, reported The Associated Press .
Dec 29 US stock indexes were set to open higher on Tuesday as crude oil recovered some of its Monday losses.
Nick Gordon Shares Controversial, Photoshopped Christmas Card With Bobbi Kristina, Twitter Reacts
Bobbi Kristina passed on July 26 at age 22 in the wake of being in a state of extreme lethargy for a considerable length of time. The estate also claim in court documents that Nick injected Bobbi with a toxic mixture of drugs before her death.
USA equities ended a little softer overnight, while a new plunge in the price of crude oil threatened to kick start a sell-off.
Six out of 10 S&P sectors were lower, with consumer discretionary up 0.26 percent and leading gainers thanks to a 1.87 percent rise in Amazon.com. The index was on track to break a four-day win streak and was down more than 15 percent year-to-date, on pace for its worst year since 2008.
Stocks closed well above session lows Monday but held lower as a renewed slide in oil prices weighed. Exxon’s shares were down 1.5 percent at $78.14, while Chevron was down 1.7 percent at $90.47 in premarket trading.
The London market’s relative underperformance was due to a fall in mining stocks, which account for around 5 percent of the FTSE’s overall market capitalisation. The Nasdaq Composite, however, is up 6.4 percent.
Dow component Nike was up 0.9 percent at $64.39.
In Asia, shares traded mostly higher on Tuesday, after the Japanese and South Korean markets erased morning losses and the Australian market closed up a more than 1%.
The 2-year yield is “being driven by a little less quality demand as people move into risk assets”, he said, noting that his outlook for returns in 2016 remains moderately positive regardless of this week’s performance into the year-end.
At 8:25 a.m. ET (1325 GMT), Dow e-minis were down 83 points, or 0.48 percent, with 13,807 contracts changing hands.
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Stocks fell at the open Monday as the broad Standard & Poor’s 500 stock index kicks off the final week of the year by slipping back into the red for 2015 in a volatile year that has made it tough for US stocks to make much headway.
