Wall Street ends mixed, with a tilt higher

Economies.com
2018-04-18 20:17PM UTC

US stock indices closed the third session of the week mixed, with the energy sector leading the charge higher, in turn compensating for weakness in tech and finance sectors, as the first-quarter earnings season progresses for major American banks and corporations.  

 

The Federal Reserve released the Beige Book earlier today, which derives its importance from being release two weeks before the Federal Open Market Committee's meeting, and upon which policymakers depend for their policies to support the economy, while Federal Reserve Bank of New York President William Dudley spoke about the economic outlook and monetary policy at the City University of New York's Lehman College.

 

Dow Jones inched down 0.16%, or 38.56 points to 24,748.07, while Standard and Poor's 500 inched up 0.08%, or 2.25 points to 2,708.64. NASDAQ Composite edged up 0.19%, or 14.14 points to 7,295.24. 

 

Gold futures due on June 15 rose 0.13% to $1,351.30 an ounce from the opening of $1,349.50, while the dollar index added 0.13% to 89.63 from the opening of 89.52. 

 

US crude futures due on May 15 rallied 3.41% to $68.79 a barrel from the opening of $66.52, while Brent futures due on June 15 surged 3.12% to $73.81 a barrel from the opening of $71.58. 

American Markets News

Americas News

Markets

As the Fed prepares to issue decisions, traders expect largest S&P 500 movement since 2023
2024-05-01 09:28AM UTC
According to data gathered by Citibank, the S&P 500 is likely to move by nearly 1% today after ...
Americas News

Markets

Wall Street loses ground as US treasury yields build up lead
2024-04-30 16:26PM UTC
US stock indices declined on Tuesday as US treasury yields gain ground following ...
Europe News

Markets

UK FTSE 100 index soars to fresh record highs after positive updates
2024-04-29 11:56AM UTC
UK stocks rallied in London on Monday, expanding their gains for the third straight session with ...