Thursday, 16 August, 2018

Dow down 200, emerging markets crashing on US-Turkey geopolitical concerns

Carrie Underwood		
			Chris Pizzello  Invision Carrie Underwood Chris Pizzello Invision
Rhonda Young | 12 August, 2018, 14:58

The Russell 2000 is up 17.52 points, or 1 per cent.

The benchmark Dow Jones Industrial Average and broader S&P 500 finished the week at a loss while the tech-heavy Nasdaq posted a slender gain.

Crude oil prices failed to make a decisive recovery on Thursday even though the USA sanctions against Iran went into effect on Thursday and the S&P 500 Energy Index closed the day 0.9% lower.

USA stocks closed mixed on Thursday as investors digested a batch of key economic data and corporate earnings reports.

Shares of Apple rose 1 percent, while those of Amazon were up 0.5 percent and Microsoft 0.3 percent.

I fear being fined if I speak out, Pogba says
It's going to be easier and it makes the team go higher. "I relish every challenge, it doesn't matter what, I love to work". I know it's a great cup, it will stay in my mind, but I want to win all the trophies.

The S&P technology index fell 1 percent, with Intel down 2.8 percent after Goldman Sachs downgraded the stock to "sell".

The Russell 2000 is up 151.29 points, or 9.9 per cent.

As the second-quarter earnings season winds down, the estimate for profit growth of S&P companies in the second quarter has risen to 24.1 percent, higher than 20.7 percent at the start of July, according to Thomson Reuters I/B/E/S.

"It was a classic risk-off move", said Quincy Krosby, chief market strategist at Prudential Financial in New Jersey.

Investors fled to safe-haven assets, pushing the dollar higher and weighing on USA bond yields.

Barty, Schuurs power into Montreal doubles final
Making the finals here is incredible. "I just went all the way also on her forehand, short, cross, long, everything". The Ukrainian even got a service break to close the gap to 5-3, but Stephens broke right back to take the set.

The Dow Jones Industrial Average decreased 74.52 points, or 0.29 percent, to 25,509.23.

Meanwhile, in the US, the dollar strengthened, gaining 0.68%.

The Dow is up 790.01 points, or 3.2 per cent.

The Nasdaq gained 0.3 per cent for the week after strong gains in some technology shares.

Shares of trade-sensitive companies also declined, including Boeing, 3M and Caterpillar, which were all down at least 1.4 percent.

Cutting down salt intake isn't always healthy: Lancet
An increased cardiovascular risk was only observed in communities where the average intake was greater than 5 g/day. The study was focused on 94,000 individuals between the ages of 35 and 70 who were from 18 different countries.

Declining issues outnumbered advancers for a 1.63-to-1 ratio on the NYSE and for a 1.06-to-1 ratio on the Nasdaq. Nasdaq Composite futures have dropped 0.6%.

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