Business

S&P 500, Nasdaq end at records as technology shares gain

S&P 500, Nasdaq end at records as technology shares gain

However, the Nasdaq Composite Index gained 0.6 percent. Procter & Gamble fell 3.25% as investors focused on a drop in gross margins at the world's largest consumer goods maker. ENERGY: Benchmark U.S. crude was flat at $64.47 a barrel in electronic trading on the New York Mercantile Exchange. The broad-based S&P 500 also finished at a the third straight all-time high, gaining 6.16 points (0.22 per cent) to 2,839.13.


Intel Revenue Rises, but It Reports Loss on Tax Charge

Intel Revenue Rises, but It Reports Loss on Tax Charge

Court Place Advsr Ltd Co, Maryland-based fund reported 9,780 shares. Intel's revenue was up 2.4% on a year-over-year basis. research analysts anticipate that Intel will post 3.25 earnings per share for the current year. BMO Capital Markets has "Sell" rating and $42 target. The rating was maintained by Nomura on Friday, October 27 with "Buy". Hawaiian Elec Industries (NYSE:HE) was reduced too.


Dayton's take on attending the Super Bowl

Dayton's take on attending the Super Bowl

Unfortunately, that was the highlight of the game for the Vikings as the Eagles dominated in all facets of the game. "As soon as the game ended we had a huge crowd come in cheering", Byrnes said. Had the Vikings been able to get a quick stop, there still might have been some hope left-but they didn't. Then, without star quarterback Carson Wentz , he devised game plans to win two playoff games with back up Nick Foles .


USD Extends Declines; ECB Meeting In Focus

USD Extends Declines; ECB Meeting In Focus

At the same time, a forward-looking survey by market research GfK forecast that consumer confidence has risen to its highest level since 2001, buoyed by record-low unemployment and expectations of wage hikes. China doesn't seem to want the yuan to be all that much stronger than 6.4 yuan to the dollar-though there isn't (yet) hard evidence of intervention, and the yuan did move a bit beyond 6.4 today.


United Kingdom meat firm Russell Hume ordered to halt supplies

United Kingdom meat firm Russell Hume ordered to halt supplies

Jamie Oliver's Italian restaurant chains, Wetherspoons and Greene King pubs are some of the names caught in a meat hygiene crisis. In a statement on the Food Standards Agency website , it said all products have been stopped from leaving their sites "until the business can provide assurances that they are complying with the relevant legislation, and that they are producing safe food".


Donald Trump says he is bringing 'peace and prosperity' message to Davos

Donald Trump says he is bringing 'peace and prosperity' message to Davos

Washington has contributed over five billion USA dollars in economic and security aid to the Palestinians since the mid-1990s. He expects the dollar to start to rise again as the USA economy continues to grow strongly. And Canada's Justin Trudeau revealed that his country and the 10 remaining members of the Trans-Pacific Partnership have revised their trade deal following the USA withdrawal.