Share

Spanish stocks fail to join global rally after election

Stocks posted moderate gains in a quiet trading day Monday, recovering part of their losses sustained late last week.

Advertisement


Cosby sues model Beverly Johnson for defamation
Cosby have been the centerpiece of her attempted resurgence and she has played them to the hilt”, Cosby’s lawsuit states. He also wants Johnson to retract her statement, as well as remove a chapter about the alleged incident from her memoir.

Stocks erased weekly gains on Friday, with the Dow Jones Industrial Average DJIA, -2.10% falling 0.8%, the S&P 500 Index SPX, -1.78% down 0.4%, the Nasdaq Composite Index COMP, -1.59% shedding 0.2% for the week, after oil prices settled to their lowest levels in almost seven years.


Guus Hiddink Reveals Desire to Hire Didier Drogba as His Assistant
He said: “It’s down to him to come in and pick us up”. “It is all in the past and we have to move on and start winning matches”. Chelsea captain John Terry believes interim manager Guus Hiddink can help lead his team near the Premier League’s top four.

The Standard & Poor’s 500 index rose 16 points, or 0.8 percent, to close at 2,021. The Nasdaq composite sank 79.47 points, or 1.6 percent, to 4,923.08. The shares today have dropped 4.9% to $18.55, while almost half of the stock’s available float is sold short. USA valuations are full already.


New cases of E.coli at Chipotle
Chipotle said the three most recently reported illnesses all stemmed from two restaurants: one in Oklahoma and one in Kansas. The CDC has been unable to single out the exact cause of the E.coli outbreak because of the way Chipotle Mexican Grill, Inc.

US stocks ended stronger on Monday, helped by bounces in Apple and Microsoft as well as a rally in hospital stocks after more Americans signed up for subsidized health insurance. ConocoPhillips fell 89 cents, or 2 percent, to $45.05. Spanish stocks fell sharply after an election saw the ruling party lose its overall majority amid a groundswell of support for two upstart parties. During 2015, Brent crude oil price has tumbled more than one-third.

Disney was down 1.7 percent despite reporting that “Star Wars: The Force Awakens” generated an estimated $238 million in United States and Canadian box office sales, shattering the previous opening-weekend record by about $30 million.

Wall Street slumped on Thursday and Friday as weak crude prices dampened the optimism sparked by the first Federal Reserve interest rate hike in almost a decade.

ENERGY: Benchmark U.S. crude lost 27 cents to $36.79 per barrel in electronic trading on the U.S. Mercantile Exchange.

But stocks often rally somewhat after sharp sell-offs, so Monday’s buying is partly a recovery from last week’s drop.

US stocks may get a slight lift in the holiday-foreshortened week as investors and traders do a little last-minute bargain hunting before their attention turns to eggnog.

Advertisement

Light volume at the start of Christmas week also exaggerated the day’s swings. “The default direction is still likely to be up, given past performance”. In currencies market, the euro slightly increased to against the dollar at $1.0896.

US stocks mostly flat in light trading