Dow futures fall more than 80 points as wild market swings continue
02:41, Feb 16, 2018
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At 3:14 p.m. ET, the Dow Jones Industrial Average rose 556.43 points, or 2.3 percent, to 24,747.33, the S&P 500 gained 51.28 points, or 1.96 percent, to 2,670.83 and the Nasdaq Composite added 144.62 points, or 2.1 percent, to 7,019.11.
Thursday's decline followed the largest drop in the Dow's history on Monday when it fell 1,175 points or 4.6 percent.
Telecom, utilities and financial stocks also saw considerable strength, contributing to the higher close by the broader markets.
Declining issues outnumbered advancers on the NYSE by 1,830 to 714.
On a day of heavy trading in healthcare companies, Henry Schein (HSIC.O) and Patterson Companies (PDCO.O) fell 6.64 percent and 5.19 percent, respectively, after news of a U.S. Federal Trade Commission complaint against the dental supply firms.
Friday's session marked the latest day of sharp swings in the past week that have pulled stocks lower after a steady climb for months to record highs. The U.S. consumer-price index will be released January and may reveal the extent the tighter jobs market is creating inflation. A stronger-than-expected number could trigger another leg down in the markets.
The benchmark S&P 500 finished with growth of 1.4% to 2,656.00 points, and the raw materials and information technology sectors performed best.
Four-goal Aguero runs riot as Man City rout Leicester
The Argentina global hopes City can continue their good form and hold on to their place at the top of the table . The half ended with City in the ascendancy with Aguero , Sterling and Ilkay Gundogan all having shots on goal .
The S&P 500 increased 22.82 points, or 0.87 per cent, to 2,642.37.
Investors will watch U.S. inflation and retail sales figures on Wednesday particularly closely as they review monthly reports from the U.S. Department of Labor and the National Retail Federation.
The market took fright after strong wage-growth data on February 2 raised the specter of rising inflation and fears of accelerated interest rate hikes, which ignited a rally in bond yields and a sell-off in stocks. "I don't think that's going away any time soon", said Andre Bakhos, managing director at New Vines Capital in Bernardsville, New Jersey. Some £147bn was wiped off the leading United Kingdom stock index in the past two weeks volatality, while over $5 trillion has been wiped from global stock markets since January 26, according to S&P Dow Jones Indices. However, the Nasdaq was still holding onto this year's gains of 1.4 percent at the close of yesterday's session.
Twenty-First Century Fox picked up 67 cents, or 1.9 percent, to $36.40 after The Wall Street Journal reported that cable and internet provider Comcast is still interested in buying Fox's entertainment divisions and could make another offer. The beverages and snacks company also hiked its dividend and unveiled a new shares buyback program.
The Dow Jones Industrial Average climbed more than 400 points Monday, extending the recovery that began Friday after the stock market's lowest performing week in two years.
In London, the FTSE 100 was 15 points higher to 7,192 in intraday action, while Japan's Nikkei 225 shed 138 points to 21,244 overnight.
Benchmark U.S. crude gained 9 cents to $59.29 a barrel in NY.
As the pilots parachuted to safety in Israel , a second wave of air attacks were launched to punish the Syrians and Iranians. Both Turkey and Iran are anxious due to their Kurdish minorities, which have argued for independence in decades past.
Weather Late Today and This evening .More winter weather will push into the area late this afternoon into tonight . Precipitation chances will diminish Wednesday as the system moves east. "Heavy mixed precipitation possible".
A prosecutor said Sanders denied killing her children, but human blood was found on her hands, The Enterprise reports. Authorities rushed to a third-floor apartment at 247 Prospect St. and found the boys. 'All crime scenes are grisly.
The women's giant slalom was to feature 81 skiers, headlined by competition favourite Mikaela Shiffrin of the United States. According to Matt Renoux, our reporter in PyeongChang , it was windy and snowing shortly before the delayed start time .
Aldecosea said she did not have many options since her family was in Florida and her friends were hours away. 'I was emotional. She considered letting Pebbles loose outside, but feared that the animal would either freeze to death or be hit by a vehicle .
But unlike her mother and sister, she maintained a political affiliation, which for many years was restricted by the WSPU. After years of writing romance novels, Despard turned her hand to charity and suffrage when her husband died.
Late a year ago , Rahimi began trying to radicalize prisoners at the Metropolitan Correctional Center, prosecutors say. Ahmad Khan Rahimi injured 30 people when he detonated a pressure cooker bomb in Manhattan in September 2016.
President Donald Trump's administration is proposing major changes and major cuts to the federal food stamp program. But Blue Apron delivers ingredients for gourmet meals, not boxes of canned goods and shelf-stable milk.
Stone, who moments before had been dozing, charged down the train aisle as El-Khazzani levelled an assault rifle at him. In a stroke of luck, the attacker's AK-47 had jammed and he had accidentally dropped the magazine from his pistol.
On Tuesday, South Africa's parliament took the extraordinary step of postponing Thursday's state of the nation address. Mr Zuma, who spent time in prison for his part in the fight against apartheid, met the ANC's top six on Sunday.
Choi Soon-sil jailed 20 years for corruption
In a text message, Lotte said it was "miserable" that its chief had been unexpectedly jailed, leaving a leadership vacuum. It should be noted that Choi has a close relation with Park during her term.
Google Pixel sales still no match for iPhone, Galaxy S series
That means, as a rough estimate, it would take less than a week of iPhone sales to eclipse Google's entire 2017 Pixel shipments. As hinted above, Google could have more success in attracting consumers by expanding the availability of the Pixel line.
Snapchat beats expectations as shares rise 20%
It's that time of the year again when companies share their fourth-quarter results and Snap reports solid growth in North America. On the positive side, Wieser noted that Snap managed to attract smaller advertisers en masse for the first time.
5-star CB Tyson Campbell commits for 2018
No, that honor belongs to his Tennessee hat-fake out that ended with a Vols cap being flung across the room . USF and Mizzou also had their accounts churning out welcome tweets within an hour of the shutdowns.
Hot tea ups esophageal cancer risk in smokers, drinkers
Participants who drank tea on a weekly basis were asked to describe its temperature as "warm", "hot" "or "burning hot". However, a recent study shows that in smokers and alcohol drinkers hot tea can cause esophageal cancer much faster.
Eyes on redesign, user growth in Snap's upcoming earnings
In related news, Director Mitchell Lasky sold 25,000 shares of the company's stock in a transaction dated Tuesday, November 21st. Those design changes have put a bigger emphasis on user-to-user sharing, as opposed to content created by publishers and brands.
Japanese stocks plunge 4% after Wall St sell-off
The yen attracted purchases as a safe-haven currency following sharp falls in NY and Tokyo equities, currency traders said. By early afternoon in Asia, Dow and S&P futures were both down more than 4 percent, suggesting a weak open for US markets.
Sri Lanka eye victory as Bangladesh stumble
Taijul bowled 67.3 overs, the most in an innings for a Bangladesh bowler, and conceded 219 runs, the most for a Bangladesh bowler. De Silva and Mendis dominated the Bangladesh bowlers for almost two sessions after Sri Lanka resumed their innings on 187-1.