Seoul stocks open higher on Wall Street gains

Posted: Sep. 12, 2017 8:00 am Updated: Sep. American benchmark West Texas Intermediate was at $49.39 - a 2.3 percent increase.

The Dow is up 2,395.58 points, or 12.1 percent. Apple slipped after announcing its new lineup of iPhones. The Nasdaq composite increased 22 points, or 0.3 percent, to 6,454.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.17 percent.

Wall Street has been eking out record highs for most of this year, recovering from periodic setbacks caused by turmoil in Washington, questions over US interest rate hikes and doubts about the Trump administration to push through its pro-business reforms, and lately, tensions over North Korea.

Chemicals company DowDuPont is up 1.9 percent Tuesday after it made changes to its breakup plans, and Apple is wobbling as investors wait for details on the next iPhone.

Banks were benefiting from higher bond yields, which allow them to charge higher interest rates on loans.

United States stocks closed at fresh record highs, with the S&P 500 inching up 0.1 percent and the Dow gaining 0.2 percent.

The Dow is up 360.39 points, or 1.7 percent.

The Nasdaq is up 100 points, or 1.6 percent.

Most large caps traded mixed, with market kingpin Samsung Electronics adding 0.89 percent and SK hynix, a major chipmaker, advancing 1.06 percent.

Micron Technology was up more than 1 percent after Goldman Sachs upgraded the stock to "buy" from "neutral".

The S&P 500 is up 259.54 points, or 11.6 percent.

Like this



14 September 2017
Public school accreditation results released
Students work with the teacher to devise strategies to help the pupils meet their learning growth goals from fall to spring. The middle school surpassed required passing rates in all other areas, including a five-percent increase in mathematics.

14 September 2017
Manziel forcing Hamilton Tiger-Cats to sign, trade or release him, report says
Manziel was charged in January 2016 after being accused of hitting and threatening former girlfriend Colleen Crowley. If a contract offer is not received within that period, the player is removed from the negotiation list.

14 September 2017
Grandfather Climbs Onto Roof To Apprehend Suspected Burglar
The grandfather then shoved the man off his roof, ending the hours-long standoff. "That sucker's coming off", he told police. When the neighbor's brother left, she said the man jumped in the neighbor's garage. "My neighbor Albert got a ladder".

14 September 2017
Virginia Tech linebacker Beckett faces marijuana charges, suspended indefinitely
Beckett (5'10/221) faces charges of conspiracy to sell/distribute marijuana and possession of marijuana. Beckett is scheduled for a hearing on September 22 in Montgomery County General District Court.

14 September 2017
Hue Jackson says rookie QB DeShone Kizer gives Browns 'hope'
Earlier this week Jackson said Kizer represents " hope ", and his play and growth are the key storylines surrounding this season. Defensively, the Ravens are yielding 0.0 points and 221.0 total yards (144.0 in passing and 77.0 in rushing) per game.

14 September 2017
Media laws package to pass after Xenophon deal
Fairfax Media says the government has put on the table $36 million over three years but Xenophon is holding out for more.

14 September 2017
Kante happy for Zappacosta, Bakayoko after Chelsea goals
And a calf injury kept Drinkwater out of Tuesday's 6-0 romp at home to Qarabag in the Blues' Champions League group opener. Now it's the beginning, we can not expect to do the same.

14 September 2017
Brock Turner Is The Definition Of Rape In College Textbook Because Justice
The convicted rapist's mugshot appears in the second edition of Introduction to Criminal Justice: Systems, Diversity, and Change .

14 September 2017
Indo-Malay origin Halimah Yacob becomes the First Woman President of Singapore
Candidates from the private sector were required to have led a company with shareholder equity of at least Dollars 372 million. The nation's eighth head of state came from humble beginnings, helping her mother sell nasi padang from a pushcart.

14 September 2017
Apple's new iPhone 8 and iPhone X support fast-charging
The new AirPower charging mat designed by Apple can charge the iPhone, AirPods and Apple Watch simultaneously. The new smartwatch has cellular connectivity, while the updated set-top box features 4K and HDR support.