How major U.S. stock indexes fared Wednesday

25 November, 2018, 12:46 | Author: Teresa Adams
  • Dow falls nearly 500 points, dragged down by Target and tech shares

Big technology and internet companies came under heavy selling pressure again on Monday, leading to broad losses across the stock market. Boeing was the biggest drag on the Dow Jones Industrial Average with a loss of 4.5 percent. Victoria's Secret parent company L Brands fell 17.7 percent.

The S&P energy index gained 1.2%, as oil prices bounced back from a 6% plunge the previous day.

The S&P 500 index fell 45.54 points, or 1.7 percent, to 2,690.73.

The Dow Jones Industrial Average lost 551 points, or 2.2 percent, to 24,465. It was down 648 earlier. The Nasdaq composite skidded 3 percent to 7,028.48.

Five stocks fell for every one that rose on the New York Stock Exchange.

Among individual stocks, Dow member Johnson & Johnson dropped 3.1 per cent after a United States appeals court refused to block sales of a generic version of its prostate cancer drug Zytiga.

On Thanksgiving, Trump threatens to shut down the border
Bush, Scott Jennings, told CNN Thursdaythe ideological shift on the court may have compelled Roberts to defend the courts. Never silent for long, Trump defended his comment, tweeting , "Sorry Justice Roberts".

ENERGY: Oil prices rebounded Wednesday as benchmark US crude gained 2.3 per cent to $54.66 a barrel in NY.

IF THE SHOE FITS: Retailer Foot Locker jumped 13.8 percent to $52.47 after its third-quarter profit and revenue surpassed Wall Street's expectations.

PG&E stock fell 4.8 percent to $23.21. Apple fell 4 percent and Amazon gave back 5.1 percent.

The dollar index, which tracks the greenback against a basket of six major currencies, slipped 0.2 percent after having advanced in Tuesday's risk-off session.

The Dow is down 948.53 points, or 3.7 percent. USA -traded shares of Nissan lost 5.8 percent, while Renault shares dropped 8.4 percent in Paris. Target plunged 9.5 percent after missing Wall Street's earnings estimates.

Industrial companies also took a beating.

South Korean named Interpol president in blow to Russian Federation
The Kremlin said on Tuesday that opposition to Prokopchuk's candidacy by U.S. senators amounted to poll meddling. And officials in Ukraine and Lithuania said they would consider withdrawing from Interpol if he was elected.

"I think your tech stocks have some problems". Caterpillar fell 3.1 percent to $125.98 and Nike lost 3 percent to $72.52.

Japan's benchmark Nikkei 225 was less than 0.1 percent lower at 21,504.00 and South Korea's Kospi dropped 0.2 percent to 2,071.94 in narrow trading. Google's Alphabet shares dropped by 1.4 percent. It was down 524 earlier.

The Nasdaq is up 68.86 points, or 1 percent.

Apple sank another 3.8 percent in early trading Tuesday and Microsoft gave up 2.5 percent. Nokia and Ericsson, two top suppliers of telecom networks, each fell about 3 per cent. SAP, which provides business software and cloud computing services, was down over 1 per cent, as was chip maker Infineon Technologies. The stock has plunged 51 percent since November 8 as investors try to assess the damages the company might have to pay if it's held liable for the blaze.

The S&P 500 fell 36 points, or 1.3 percent, to 2,654.

Benchmark US crude lost 6.6 percent to $53.43 a barrel in NY.

Disney Unveils First Footage of Star Wars: Galaxy's Edge Rides
The attractions are to open at Disneyland Resort in summer 2019 and at Walt Disney World Resort in the fall. Meanwhile, Disney has also revealed new details and titles for two of the park's attractions.



Here’s How UCF Makes The College Football Playoff
The University of MI is holding steady at number four in this week's College Football Playoff rankings . LSU remained seventh, Washington State held at 8 and Ohio State stayed at 10th, getting jumped by UCF.

Riots in Argentina after Boca Juniors bus is attacked
The two teams drew 2-2 in the first match of the final series. "Because of the wind and the broken windows, it entered the bus". Argentinian football has a long history of violent incident which has resulted in away fans being banned from games.

Spurs sink Chelsea as City and Liverpool continue EPL lead
The first game after the global break is the highly anticipated derby against Spurs and only three points will keep Chelsea in and around the title race.

Thunder rookie Diallo avoids serious leg injury after fall
In a loss Monday at Sacramento, Diallo became the first Thunder rookie ever to go at least 7 for 7 from the floor. He has struggled on the court during the Warriors' 1-4 stretch, shooting 3-for-21 from 3-point range.

Trump Submits Written Answers To Special Counsel Robert Mueller
Mueller could theoretically still try to subpoena the president if he feels the answers are not satisfactory. Back in January Trump said that he was " looking forward " to speaking under oath.

The best Black Friday 2018 gaming deals: Consoles, games, accessories, and more
If we look a bit wider at deals on non-first party games, there's a bunch of them on offer if you look around for them. Major sales have kicked off this week for your console, spanning controllers, headsets, and more.

Oil prices climb on prospect of OPEC and Russian cuts
According to recent data, producing a record 11 million barrels of crude per day, up 18% since the start of this year. The contract fell as much as 7.7 per cent during the session to touch US$52.77 a barrel, the lowest since October 2017.

Zverev shocks Federer in ATP Finals
But, you know, at the end of the day I said sorry to Roger at the net. Wish him to stay healthy and obviously win a lot of titles". Before the final match, the Serb seemed invulnerable.

All you need to know about Ajaz Patel, New Zealand's spin hero
Going into the final day, Pakistan needed just 139 runs with all 10 second innings wickets in hand, sitting comfortably at 37/0. Pakistan skipper Sarfraz Ahmed was then caught behind off Patel for three with his team down 154/6 and needing 22 runs to win.

Teen Driver In Hours-Long Surgery After Horror Crash
Zhou suggested the yellow lights caused Floersch to brake early, leading her to be hit from behind on the Macau streets. She previously competed in Formula 4 and the Ginetta Junior Championship.