Wall Street steadies near record highs
2017-02-16 16:04:00 GMT (Economies.com)
Wall Street steadies near record highs

U.S. stock indices steadied at the open today, inching down to gather momentum after hitting record highs recently and triggering profit-taking efforts ahead of the weekend.
 
U.S. president Donald Trump about finishing up a "phenomenal" corporate tax plan helped stocks surge recently, adding to Fed Chair Yellen's bullish statements about the U.S. economy.
 
But after Yellen kept the door open for a rate hike in the Fed's next March meeting, stocks dithered and traders started closing their positions to collect profits.
 
The dollar returned lower today for the second session in a row, after hitting a five-week high yesterday, which buoys shares of American exporters and pushes Wall Street into a dithering state.
 
Standard and Poor's 500 fell 0.16%, or 3.67 points to 2,345.58, while Dow Jones inched down 0.02%, or 4.71 points to 20,607.15.
 
Tech-heavy NASDAQ added 0.01%, or 0.13 points to 5,819.57.

 
 
 
 SymbolLastChangeChg.%
1.0562
-0.00
-0.17
1.2462
-0.01
-0.73
18.38
0.19
1.04
54.04
-0.34
-0.62
1257.20
7.83
0.63
USD to Arab Currencies
Yemen249.9500
UAE3.6720
Tunisia2.2933
Syria514.9800
Sudan6.3997
Saudi Arabia3.7499
Qatar3.6407
Oman0.3845
Morocco10.1008
Libya1.4263
Lebanon1512.0000
Kuwait0.3050
Jordan0.7075
Iraq1181.0000
Egypt15.7500
Bahrain0.3765
Algeria109.9290