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.

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The scales are modified, flattened "hairs" - and give butterflies and moths their extraordinary variety of colours and patterns. He said, "This new evidence suggests that perhaps the coiled mouthparts had another role, before flowering plants evolved".

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.

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Considering that the Rams were averaging close to 30 points per game during the regular season , this is a pretty impressive feat. The Titans upset last weekend made a few believers (or wishful thinkers) that they could do the same traveling to Foxboro.

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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Trump insisted that his administration feels very strongly about the environment. "They have tremendous hydro power, tremendous". Solberg says Norway is "really appreciative of the good work that we have together with the United States".

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

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