Tech, health care lead United States stocks lower

Tech, health care lead United States stocks lower

Tech, health care lead United States stocks lower

All three major indices closed at record highs on Tuesday, continuing their solid start to this year. Energy stocks led the way after the price of oil touched its highest level since 2014.

The S&P 500 rose 3.58 points, or 0.1 percent, to 2,751.29 to equal its longest winning streak leading off a year since 2010. "I think this is going to be a better year for traders because you're going to get some volatility".

Although a quick jump in rates could easily jolt markets out of their calm ride, experts say markets are prepared for rates to rise gradually.

The gains for indexes marked a return to calm, after a whiff of nervousness wafted through markets a day earlier as interest rates rose. They'll need to deliver strong profit growth to justify the big moves they've made already. That makes dividend-paying stocks less attractive relative to bonds for investors seeking income.

Treasury yields, meanwhile, rose after a key measure of inflation rose more last month than economists expected.

Patriots chase 7th straight AFC title berth against Titans
But against the Chiefs , he more than made amends, going for 156 yards and a touchdown on 23 carries. "(This season) has flown by. But that's good for you, because I'm going to fire a lot of stuff out of here tonight, and you should be able to read it faster.

That pushed the yield on the two-year Treasury to 2.00 percent from 1.98 percent late Thursday.

Target rose $1.65, or 2.5 percent, to $68.83. He acknowledged that risks to the rally do exist, but added: "They pale in comparison to the economic growth we're seeing". Investors are also speculating about whether Japan's central bank will slow its bond purchases to keep rates low.

Technology and health care companies posted some of the biggest losses Wednesday.

High-dividend stocks like real estate companies, utilities and makers of consumer products fell.

US stocks fell from record highs on Wednesday, with S&P 500 and Nasdaq closing lower for the first time this year, as traders took profits after a strong rally.

Liam Livingstone confident he will do himself justice in Test cricket
With 93 still needed to win and only 74 deliveries left (it was a big ask in those days), the match was as good as over. Hales is free to play again after being cleared over his involvement in the Stokes incident.

Britain's FTSE 100 rose 0.2 percent, France's CAC 40 was down 0.3 percent and Germany's DAX dipped 0.6 percent. It credited stronger demand and fares. The medical device company's shares jumped $1.25, or 4.8 percent, to $27.06.

Signet Jewelers had the largest loss of the S&P 500 after it reported weaker sales for the holiday season than a year earlier.

Campbell Soup fell 3.1 percent.

The British pound rose to $1.3734 from $1.3536, and the dollar held steady at 111.09 Japanese yen.

Gold fell $6.70 to settle at $1,313.70 per ounce, silver dropped 13 cents to $17.01 per ounce, and copper slipped a penny to $3.22 per pound. Brent crude, the global standard, gained 61 cents to $69.87 per barrel. In contrast, US export prices edged down 0.1 percent in December, after advancing 0.5 percent in November.

Taiwan Semiconductor Mfg. Co. Ltd
Argus Research upgraded the stock to "Buy" rating in Monday, January 11 report. (NYSE:T) on Tuesday, July 19 with "Buy" rating. Vontobel Asset Management Inc increased Taiwan Semiconductor Mfg Ltd ( TSM ) stake by 2.09% reported in 2017Q3 SEC filing.

Micron Technology fell 2.3 percent and UnitedHealth Group lost 1 percent.

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