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.
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.
They will be introduced to a cross section of Irish luminaries from the arts, sports, diplomatic and military sectors. Meetings with The President of Ireland, Michael Higgins, and with The Taoiseach, Leo Varadkar, are both planned.
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 .
Los equipos de buceo tuvieron que descansar entre las tres misiones y poner nuevas botellas de oxígeno a lo largo del recorrido. Según cuentan los medios de su país, varios conjuntos locales están interesados en él, y aseguran que tiene un gran futuro.
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.
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.
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.
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.
Trump pardons OR ranchers at center of 40-day standoff
A USA flag covers a sign at the entrance of the Malheur National Wildlife Refuge near Burns, Oregon, January 3, 2016. The elder Hammond has served nearly three years of his sentence, while his son has been incarcerated for four years.
Ya son 11 los niños liberados de la cueva de Tailandia
Equipos militares se encuentran en el monte con la tarea de bloquear la entrada de agua hacia los túneles subterráneos. Los chicos permanecen en cuarentena, pero algunos de sus padres pudieron verlos a través de las ventanas.