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prensaestatal.com Octubre 20, 2017


Dow Jones Industrial Average breaches 22000 points as Apple soars

02 Agosto 2017, 05:37 | Benedicto Grullon

Daily September E-mini Dow Jones Industrial Average

Dow Jones Industrial Average

SPDR Dow Jones Industrial Average ETF has a 12-month low of $178.64 and a 12-month high of $219.03.

The high-tech Nasdaq advanced 14.82 points to 6362.94 points.

The broad-based S&P 500 rose 0.2 percent to 2,474.40, while the tech-rich Nasdaq Composite Index won 0.1 percent to 6,356.96.

"It's a continuation of the bullish momentum", said Karl Haeling of LBBW.

S&P 500 measures the performance of 500 widely held common stocks of large-cap US companies. The athletic footwear and apparel company now expects 2017 sales growth of nine to 11 per cent, down from the prior 11 to 12 per cent.

Oil shook off a raft of bearish headlines on Wednesday, as investors and traders took advantage of earlier losses and pushed the price back towards $52 and this week's eight-week highs.

Shares in the world's most valuable company surged 6 percent after hours to a record of more than $159, taking its market capitalization above $829 billion.

The Dow crossed the 21,000 threshold in March, having risen steadily since before Trump was elected president in November.

Apple rose 0.89% as Wall Street awaited the largest publicly listed company's quarterly report after the bell.

While investors waited for data on July auto sales out later in the session, both Ford (NYSE:F) and GM (NYSE:GM) disappointed with a monthly decline of 7.5% and 15%, respectively, in their individual numbers.

Economic data was more supportive, with the ISM's factory sector purchasing managers' index for July printing at 56.3 for July, which was down from a reading of 57.8 for June but higher than a consensus forecast for 56.2.

Japan's Nikkei rose just 0.3% as Tokyo equities were capped by lagging tech stocks. Brent crude futures also fell $1.33, or 2.5%, to $451.39 a barrel.

The airline had a profit of $ 300 million for the three months ended June 30, up from $ 186 million for the same period previous year. Oil traded near $49 a barrel as US crude stockpiles expanded, while copper dropped a second day.

For its part, the Canadian dollar traded at an average price of 79.91 cents U.S., down 0.19 cents United States from its average yesterday.



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