Nasdaq

Dow, S&P, Nasdaq finish at records as US goverment shutdown ends

Washington - Emiratesvoice

US lawmakers broke their deadlock to end the three-day government shutdown and send Wall Street to fresh records on Monday as all three major stock indices reached new all-time highs. The blue-chip Dow Jones Industrial Average gained 0.5 percent, to close the session at 26,209.21. The broader S&P 500 jumped an even stronger 0.8 percent to land at 2,832.98, whileRead more

US Stocks Return From Holiday To Set New Records

london - Emirates voice

Wall Street returned from a long holiday weekend to set new records amid solid corporate earnings reports and optimism for profits in 2018 due to a US tax reform. The Dow Jones Industrial Average jumped 0.8 percent in initial trades to rise for the first time above the 26,000 mark. It later gave up some of those gains. "American marketsRead more

US stocks end at records again, extending rally

New York - Emiratesvoice

Wall Street stocks surged to another round of records Friday as earnings season kicked off amid optimism ignited by the US tax reform. All three major indices again ended at records, with the Dow Jones Industrial Average up 0.9 percent at the closing bell to 25,801.95. The broad-based S&P 500 jumped 0.7 percent to 2,786.13, as did the tech-rich NasdaqRead more

US stocks finish lower, ending streak of records

New York - Emiratesvoice

Wall Street stocks dipped Wednesday, with all three major indices falling for the first time in 2018 amid worries over the future of the North American Free Trade Agreement. At the closing bell, the Dow Jones Industrial Average was down 0.1 percent to 25,369.00. The broad-based S&P 500 also shed 0.1 percent to 2,748.18 and the tech-rich Nasdaq Composite IndexRead more

S&P 500, Nasdaq end at records for 5th day; Dow ends lower

New York - Emiratesvoice

The S&P 500 and Nasdaq finished at records for the fifth straight session Monday, but the Dow suffered its first decline of 2018. At the closing bell the broad-based S&P 500 was at 2,747.43, up 0.2 percent, while the tech-rich Nasdaq Composite Index rose 0.3 percent to 7,156.34. But the Dow Jones Industrial Average dipped 0.1 percent to 25,278.56.Read more

All 3 major US stock indexes end at fresh records again; Dow +0.9%

New York - Emiratesvoice

Wall Street stocks powered higher Friday with the Dow surging further above 25,000 points as bullish investors shrugged off a disappointing US jobs report. At the closing bell, the Dow Jones Industrial Average was at 25,295.87, up 0.9 percent, its third straight record. The broad-based S&P 500 gained 0.7 percent to end at 2,743.15 and the tech-rich Nasdaq Composite IndexRead more

Dow ends above 25,000 for 1st time, extending US stocks rally

New York - Emiratesvoice

The Dow finished above 25,000 points for the first time Thursday as strong employment data extended a stocks rally already boosted by the recent US tax reform. At the closing bell, the Dow Jones Industrial Average was up 0.6 percent to close at 25,073.24. The broad-based S&P 500 gained 0.4 percent to 2,723.88, while the tech-rich Nasdaq Composite Index advancedRead more

China's Ant Financial drops MoneyGram deal

Beijing - Emiratesvoice

Ant Financial, an affiliate of Chinese internet titan Alibaba, has been forced to abandon a $1.2 billion deal to buy US remittances firm MoneyGram after failing to get approval from regulators in Washington. The decision by the Committee on Foreign Investment (CFIUS) will deal a blow to Alibaba boss Jack Ma's push into the world's biggest financial market and followsRead more

US stocks end at fresh records on strong data, higher oil prices

New York - Emiratesvoice

Wall Street stocks surged to fresh records Wednesday, boosted by strong US manufacturing data, higher oil prices and continued strength in technology shares. All three major US indices closed at new all-time highs, with the Dow Jones Industrial up 0.4 percent to 24,922.27 at the closing bell. The broad-based S&P 500 rose 0.6 percent to end at 2,713.01, while theRead more

NY iced tea maker sees shares triple

london - Emiratesvoice

Shares in a New York beverage company nearly tripled by midafternoon Thursday after it announced it was shifting into cryptocurrency-related investments. Long Island Iced Tea Corp of Farmingdale, New York -- which says it currently produces the soft drink with a proprietary recipe -- announced Thursday it was changing its name to "Long Blockchain Corp" and would explore investments inRead more