Economy

US Market Indexes Mostly Higher

US stock indexes closed mostly higher Friday as gains for energy, phone and industrial companies made up for losses elsewhere.

"Armenpress" reports the value of Dow Jones down by 0.04% to 22349.59 points, S&P 500 up by 0.06% to 2502.22 points, Nasdaq up by 0.07% to 6426.92 points.

Both indexes rose around 0.1 percent for the week. The Dow Jones industrial average moved off earlier lows, closing down 9.64 points to settle at 22,349.59, with Apple continuing to add to its weekly decline and UnitedHealth leading the decliners. North Korea returned to the forefront after the country's foreign minister Ri Yong Ho said late Thursday at a United Nations meeting that his country might consider a nuclear bomb of "unprecedented scale" in the Pacific.

The Purchasing Managers' Composite Index decreased to 54.6 from 56.0.

In the broad market, energy stocks led gains, and real estate led losses.

The S&P 500 is up 263.39 points, or 11.8 percent. The Dow closed out its second consecutive week of gains, up 0.4% on the week. The Russell 2000 gained 0.49% to set a new record close.



Like this

Latest


24 September 2017
Japan, France to work closely over N. Korea
Japanese Prime Minister Shinzo Abe addresses the 72nd United Nations General Assembly at UN headquarters in New York, US Wednesday.

24 September 2017
Vehicle bomber hits North Atlantic Treaty Organisation convoy in Afghanistan, civilians wounded
The convoy was hit by the vehicle bomb in Kabul's police district five, Basir Mujahid, a Kabul police spokesman said. It said it was preparing to step up the pace of attacks on foreign forces in Afghanistan.

24 September 2017
Gerrard reveals why he told Coutinho to "stay away" from him
Coutinho's agent would have received an extra €10 million if a deal worth more than €100 million for his client was pushed through.

24 September 2017
Stoke City 0-4 Chelsea: Clinical Morata buries Potters
Now it's important to rest well and prepare for another game against Atletico Madrid. Chelsea's Alvaro Morata celebrates scoring their third goal.

24 September 2017
Ferguson turned down Ribery transfer at Man Utd, claims Campbell
FRANCK RIBERY did not not join Manchester United in 2006 because Sir Alex Ferguson didn't consider the France global top drawer. Ribery left Marseilles the following summer to join Bayern Munich , with whom he would win the Champions League in 2013.

24 September 2017
IPhone 8 and Note8 emerge Gitex stars
Only the iPhone X will break this design as Apple is set to drop the home button for the first time and the fingerprint scanner. For the first time in the history of the Apple fans of "Apple" products don't line up in a long queue for the novelty.

24 September 2017
Global stocks flat as investors await Fed meeting results
South Korea's KOSPI was down 0.05 percent and the won (KRW=KFTC ) was up 0.2 percent at 1,128.6 to the dollar. Brent crude was up 0.1 percent at $56.50 a barrel after reaching a five-month high of $56.53 overnight.

24 September 2017
Lukaku goal gives United 1-0 win over Southampton
Manchester United defender Phil Jones admits that his side's 1-0 win over Southampton was not one of their best performances. Opportunities did come their way with Oriol Romelu, Shane Long and Dusan Tadic all missing chances.

24 September 2017
Stoke could have one fit centre-back for Chelsea game - Hughes
Chelsea's last top-flight outing ended in a frustrating 0-0 draw against Arsenal at Stamford Bridge. Hughes said: "We are struggling a little bit defensively, I have to say".

24 September 2017
Leeds Boss Provides Pontus Jansson Update After Win Over Ipswich
It means caretaker manager Lee Carsley is on the board after a day when most teams ended with something to show for their efforts. Goals from Craig Bryson and a Joe Ralls penalty gave Neil Warnock's side their first win in September.