Wall Street mixed at the open
2017-01-05 16:21:14 GMT (Economies.com)
Wall Street mixed at the open

U.S. stock indices opened with mixed results on Thursday as investors assess the chances of rate hikes in 2017, after the Federal Reserve's meeting minutes showed how wary policymakers are towards President-elect Donald Trump's economic policies.
 
As of 15:49 GMT, Dow Jones shed 31.65 points, or 0.16% to 19,910.51, while Standard and Poor's 500 inched down 2.12 points, or 0.09% to 2,268.63. NASDAQ Composite climbed 9.31 points, or 0.18% to 5,486.72.
 
Wall Street rose for the second straight session yesterday, buoyed by energy and commodity shares.
 
Earlier U.S. data showed the economy has added 153 thousand new jobs in the private sector, down from 215K in November, and missing expectations of 171K.
 
Unemployment claims fell to 235 thousand in the week ending December 31, compared to 263K in the previous reading, while the ISM services PMI rose to 57.2 in December, besting expectations of 56.6.
 
The Fed released the minutes of its December 13-14 meeting yesterday, at which FOMC members voted to increase interest rates by a quarter point, which showed policymakers still believe a gradual path of rate hikes is the most appropriate for the economy, while the fiscal path under Donald Trump remains vague to most Fed members.

 
 
 
 SymbolLastChangeChg.%
1.0515
-0.00
-0.19
1.2462
-0.00
-0.03
17.99
0.02
0.11
53.62
-0.63
-1.16
1236.02
0.07
0.01
USD to Arab Currencies
Yemen249.9000
UAE3.6722
Tunisia2.3001
Syria514.9800
Sudan6.3997
Saudi Arabia3.7493
Qatar3.6408
Oman0.3847
Morocco10.1279
Libya1.4274
Lebanon1507.5000
Kuwait0.3047
Jordan0.7083
Iraq1181.0000
Egypt15.7500
Bahrain0.3767
Algeria110.1000