Wall Street enters third day of gains as trade fears ease
11 Julio, 2018, 07:08 | Author: Arnold Perez
Bank stocks were the biggest gainers, with the S&P banks index rising 2.3 percent, on track for its biggest percentage gain in over three months.
Recent upbeat news on the economy as well as earnings have helped to offset worries about escalating trade tensions between the United States and China. The two countries slapped tit-for-tat tariffs on $34 billion of each other's goods on Friday.
"It's not an inconsequential move", said Stephen Massocca, senior vice president at Wedbush Securities in San Francisco, of the decline in futures.
The Dow Jones Industrial Average rose 320.11 points, or 1.31 percent, to 24,776.59, the S&P 500 gained 24.35 points, or 0.88 percent, to 2,784.17 and the Nasdaq Composite added 67.81 points, or 0.88 percent, to 7,756.20.
Helping to boost the Dow, Caterpillar Inc rose 4.1 percent. It is now up 4.5 percent since the end of 2017 and is less than 3 percent from its January 26 record high.
"That tone could serve investors well this week as we launch into Q2 earnings season".
All eyes will turn to second-quarter earnings reports, with banks JPMorgan, Wells Fargo and Citigroup scheduled to report on Friday. Their shares dipped on Tuesday after leading market gains on Monday.
PepsiCo's shares surged after the company's quarterly results topped estimates on strong sales of snacks. The company also reaffirmed its full-year forecast amid signs of a gradual recovery in its soda business.
USA analysts' estimates for S&P 500 second-quarter profit growth have risen slightly since April, putting the latest forecast at around 21 percent, according to Thomson Reuters data.
"Once we get past these talks, which we view as a negotiating tactic by the Trump administration, this sector will jump", she said on a conference call previewing earnings. The S&P energy index rose 0.7 percent as crude oil prices gained on growing supply disruptions in Norway and Libya, but gains were pared after the United States said it would consider requests for waivers from Iranian oil sanctions.
Advancing issues outnumbered decliners for a 2.53-to-1 ratio on the NYSE and a 2.16-to-1 ratio on the Nasdaq.
USA -listed shares of Chinese companies Alibaba, JD.com and Baidu climbed after KeyBanc recommendations on the stocks.
The S&P 500 posted 21 new 52-week highs and no new lows; the Nasdaq Composite recorded 142 new highs and 30 new lows. That compares with the 7 billion daily average for the past 20 trading days, according to Thomson Reuters data.
Este gracioso momento convirtió la entrevista en viral , algo que los sesudos de análisis geopolíticos no consiguen siempre. Pero el animal no se detiene, acaricia su cabeza con la oreja de Targalaski y le tapa los ojos con la cola .
De momento, es el saurio más grande atrapado en la región, pero, pese a su tamaño , no es el más grande capturado en Australia . Habían estado persiguiéndolo desde que lo avistaron por primera vez en 2010.
Entre los túneles inundados y los estrechos pasadizos por los que hubo que deslizarse, el recorrido estuvo lleno de dificultades. Seguirán en evaluación por al menos una semana, pero podrían salir antes si su análisis de sangre resulta negativo de anomalías.
He told BBC Radio 4's Today: "It seems to me we are giving too much away too easily and that's a unsafe strategy at this time ". The resignation comes less than a day after Brexit Secretary David Davis and his junior minister Steve Baker stepped down .
Afectados por lo vivido pero vivos, los chicos se refugiaron en una roca a más de cuatro kilómetros de la entrada de la cueva . Todos fueron sometidos a pruebas radiológicas y sanguíneas para descartar el contagio de otras enfermedades.
According to the Daily Mail, Mr Rees-Mogg said on Monday night that Mr Johnson would make an "brilliant" prime minister. Prime Minister Theresa May announced Hunt's new role in a tweet, adding that the queen had approved the change.
But Mr Trump hasn't backed down, arguing that China's unfair trading practices are hurting American workers. The tariff list could be released as soon as Tuesday, and likely this week, the report said.
Japan rescuers search house to house as flood toll hits 141
Japan Self-Defense Force soldiers rescue people from a flooded area in Mabi town in Kurashiki, Okayama Prefecture, on July 8. It is unclear whether the storm will make direct landfall, but residents are being advised to take precautionary measures .
All 12 boys and their coach rescued from Thailand cave
Osatanakorn said officials did not want to waste time because of intensifying rain that could halt rescue efforts. On July 8-9, divers succeeded in evacuating eight children who were taken to the hospital in helicopters.
"Respete a los socios europeos" — Tusk a Trump
La Casa Blanca exige a los socios del Viejo Continente que inviertan más en Defensa de aquí a 2024. Tenemos por delante una semana larga y hermosa", añadió el presidente estadounidense.