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.

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.

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.

Parker: 'Glass Chin' Joshua - We Know, He Knows, Everybody Knows!
Duco are sending a small team, alongside Parker, to follow promoter David Higgins - who flew to London earlier this week to meet face-to-face with Joshua's handler Eddie Hearn.

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.

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Now nearly 30 percent of these reptiles drifting the park are excreting the herpes B virus during saliva and other body fluids. The researchers behind the study are warning Florida's wildlife agency to treat the monkeys as a serious health concern.

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

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