learningandfinance.com


Electronics

US Stocks Turn Lower

Share
Traders work on the floor of the New York Stock Exchange  in New York U.S

Industrials (-1.2%) was easily the weakest sector on the day, as investors anxious that "a mistake in trade policy could be as big as a mistake in monetary policy", according to Art Hogan, chief market strategist at B. Riley FBR.

Shares of companies such as Boeing Co (BA.N), down 2.9 percent, and Caterpillar Inc (CAT.N), down 2.4 percent, have been under pressure as Trump's protectionist stance on steel and aluminium imports could increase costs and hamper sales overseas.

Retailers including Amazon and Starbucks also made headway.

The S&P 500 declined 0.6 percent with tech falling 1.2 percent.

At 9:35 a.m. ET, the Dow Jones Industrial Average was up 0.23 percent at 25,394.24. 300,994 shares of the stock were exchanged, compared to its average volume of 294,720.

US market indexes were mostly lower Wednesday.

A number of other institutional investors also recently modified their holdings of the stock. Bank of New York Mellon gave back 1.3 percent and Nvidia, a chipmaker, rose 2.5 percent.

The S&P 500 is up 109.41 points, or 4.1 per cent.

Arsenal boss Wenger: This season's Europa League harder than ever
Meanwhile, Arsenal are preparing to take on AC Milan in the second leg of their last-16 tie in the Europa League . That refusal to be beaten down by Mourinho is a testament to Mkhitaryan's competitive personality.

Jeff Goldblum Returns as Dr
Every choice made by the player will form a specific path and respective challenges. So in it, the players will be in charge of operations on Isla Nublar.

Activision Blizzard, Inc. (ATVI) Plans Dividend Increase - $0.34 Per Share
Ubs Oconnor Llc who had been investing in Activisi for a number of months, seems to be bullish on the $53.81B market cap company. The company had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.55 billion.

The advances followed a near 2 percent gain for the main indexes on Friday after data showed sluggish wage growth in February, easing concerns about the Federal Reserve moving too fast on interest rate hikes.

Indexes started higher on Tuesday and bond yields fell as traders were encouraged to see that inflation remained muted last month.

Stocks are mostly higher on Wall Street after an early gain mostly faded by midday.

Shares of Micron Technology (MU.O) rose 8.8 percent to $59.37 after analysts at Nomura raised their target for the stock to $100.

Johnson Controls was up 1.6 percent after saying it would consider selling a business that makes batteries for vehicles.

The S&P 500 rose 7 points, or 0.3 percent, to 2,793.

The Dow Jones industrial average climbed 116 points, or 0.5 percent, to 25,294. The Nasdaq composite gained 26 points, or 0.4 percent, to 7,588, another record high.

Share