Share market closes higher to $47 per share after two hours

Share market closes higher to $47 per share after two hours

The Dow Jones industrial average ended higher on the session, surging nearly 600 points at 20,711.50.

“It’s an underperformance after four days of trading, but the market was off more yesterday and today. It’s a lot of upside for the market after such a tough week on Wall Street,” said Steve Blunt, chief market strategist at Blunt, Stockspike.

The tech-focused Nasdaq ended a mixed day higher, reaching a seven-month high. The market gained $5.3 billion on Tuesday, while the Dow saw its biggest one-day gain ever.

Coca-Cola bottlenecks growth

Coca-Cola and PepsiCo both posted positive earnings after disappointing perform바카라ance last week.

Sugars firm Coca-Cola on Tuesday announced it lowered its full-year guidance due to bottlenecks in sugar production.

After the drop in results, PepsiCo also lowered its full-year outlook for sales by 20 percent t바카라사이트o 31.2 million ounces.

“We expect both company performance and the cost of capital to continue to erode this quarter due to the continuing challenges associated with the sugar and carbonates industries,” said Brian Swann, Chief Financial Officer at PepsiCo.

After the earnings report, Dow Jones industrial average fell 0.7 percent to 2,067.15. The index ended Monday close at 2,076.59, its lowest close since January 24 and down a tenth from its July 31 closing price of 2,158.20.

Shares of Cargill are up 17 cents at $48.60, while American Express has climbed 1.7 percent to $41.20.

Stocks, bonds sell at end of session

Investors are starting to take a pause on equities after a disappointing earnings report Wednesday and a series of reports from the Federal Reserve. But after seeing gains and selling off stocks in the early days of the session, the S&P 500 Index dropped 0.3 percent after closing at 1,527.55. The Dow fell 0.1 percent at 20,851.75 and the Nasdaq C우리카지노omposite fell 0.2 percent to a record near 16,839.25.

“After a fairly positive week, it’s no surprise that this week’s losses for stocks are expected to continue,” said Mark Zandi, chief investment officer at Moody’s.

Share market closes higher as U

Share market closes higher as U.S. oil supply tightens; OPEC’s U.N. meeting sets November meeting date

(Adds U.S. oil futures and comments)

By Adam Taylor

NEW YORK, March 18 (Reuters) – The U.S. oil market fell by a record 11 cents to $78.69 a barrel after Brent crude fell for a fifth day on fears OPEC would ease oil output in the wake of the meeting of the world’s biggest producers.

Lower oil prices have pushed demand in developing markets and U.S더킹카지노. shale producers to seek higher prices to compensate, the Conference Board said on Wednesday.

The spread between Brent and WTI crude settled at $78.59 a barrel, up from $77.70 on Thursday.

This marked a 2.1 percent decline from Wednesday’s close of $83.92 a barrel.

Brent fell 11 percent from $106.72 a barrel earlier on Wednesday, having earlier dropped to its lowest levels since June 16.

Crude from China, also a major producer in the United States, rose 3.2 percent on Tuesday, while oil from Nigeria gained 5.4 percent, according to energy consultancy IHS.

That brought WTI to its biggest weekly gain since early September 2014 as demand for refined products surged by nearly a fifth after the Gulf of Mexico and United States refineries were forced to ramp-up production after Hurricane Harvey hit Texas in September.

“Crude i우리카지노s selling below the cost of production,” IHS U.S. Energy Economics economist Doug Gurr said.

The spread between Brent and WTI has declined since mid-2014 when there was a spike in WTI, boosted by weak demand in China, India and the Middle East.

It has been falling since late last year as demand in developed markets picked up and there are now fewer supplies on the market, so oil price volatility has also helped ease.

Brent crude fell 1 percent to $76.80 a barrel after falling for a second day on Tuesday.

The Brent/WTI spread closed lower at $75.03 a barrel.

The Organization of the Petroleum Exporting Countries met on Sunday to discuss its plans to reduce output, as well 카지노 사이트as new measures that were proposed by the International Energy Agency to limit oil market excess supply. (Reporting by Adam Taylor; Editing by Mark Trevelyan)

Our Standards: The Thomson Reuters Trust Principles.

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