Wall Street ends mostly higher, Dow Jones flirts with record 23,000

Economies.com
2017-10-17 20:45PM UTC

US stock indices closed the second session of this week mixed, with Dow Jones flirting with 23,000 for the first time ever, before closing just two points before that barrier, while S&P 500 marked record highs as well, as NASDAQ closed mostly flat. 

 

The third-quarter earnings season has started in earnest for major American banks and corporations, while earlier data showed industrial production rose in line with expectations in September, while the Capacity Utilization rose rose below forecasts in the same month.  

 

Dow Jones rose 0.18%, or 40.48 points to 22,997.44, while Standard and Poor's 500 added 0.07%, or 1.72 points to 2,559.36. NASDAQ Composite shed a measly 0.01%, or 0.35 points to 6,623.66. 

 

Gold futures due on December 16 tumbled 1.22% to $1,287.10 an ounce from the opening of $1,303.00, while the dollar index rose 0.20% to 93.50 from the opening of 93.31. 

 

Otherwise, US crude futures due on November 15 rose 0.27% to $52.01 a barrel from the opening of $51.87, while Brent crude futures due on December 15 advanced 0.59% to $58.16 a barrel from the opening of $57.82. 

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