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Amazon, Visa results disappoint, drag on Wall Street NEW YORK: Disappointing earnings from Amazon and Visa dragged US stocks lower on Friday in a broad selloff led by consumer discretionary shares. Amazon tumbled 10.7 percent to $320.11 after reporting an unexpectedly big loss for the second quarter, citing greater expenses on investments.With more than 7 million shares traded in the first 45 minutes of action, volume was already above the average for the past 10 days. "Earnings have been the driving force of this market all week. We had a series of good reports but Amazon in particular was a disappointment and has led to some profit taking," said Rick Meckler, president of investment firm LibertyView Capital Management in Jersey City, New Jersey. Amazon dragged on the consumer discretionary sector , which lost 0.9 percent. Visa was the largest decliner on the Dow industrials with a 4.5 percent drop to $212.63 after the world's largest credit and debit ...

TSX gains as banks lead, eyeing 0.8pc gain on week TORONTO: Canada's main stock index rose on Friday and was still on track for a 0.8 percent gain in a week of all-time highs, as financial stocks and some resource names gained.The Toronto Stock Exchange's S&P/TSX composite index has climbed into virgin territory in recent days. Investors are confident that economic fundamentals underpin the rally, despite worries of a pullback."It is sustainable but in the short term we could very well have a consolidation," Rick ...
Wall St set to dip at open, Amazon weighs NEW YORK: US stocks were set to dip at the open on Friday, weighed by weak results including those from Amazon, with the S&P 500 expected to remain near its record high and within striking distance of 2,000. Amazon shares tumbled more than 10 percent in premarket trading after investment in new businesses cut into earnings and the company reported a much larger-than-expected loss in the second quarter. Orders for long-lasting US manufactured goods rose ...
S&P 500 at new record on Apple earnings; Dow drops NEW YORK: The S&P 500 on Wednesday closed at a new record high after strong Apple earnings lifted the tech sector on a mixed day for stocks.The S&P 500 added 3.48 points (0.18 percent) at 1,987.01, breaching a record set three weeks ago by about three points. The Dow Jones Industrial Average dropped 26.91 (0.16 percent) to 17,086.63, dragged down by a hefty fall by Boeing.The tech-rich Nasdaq Composite Index jumped 17.68 (0.40 percent) to ...
US stocks rise on housing report, earnings NEW YORK: US stocks on Tuesday finished higher following a busy day of corporate earnings and a report showing the highest level of existing-home sales in eight months.The Dow Jones Industrial Average rose 61.81 points (0.36 percent) to 17,113.54.The broad-based S&P 500 gained 9.90 (0.50 percent) to 1,983.53, while the tech-rich Nasdaq Composite Index jumped 31.31 (0.71 percent) to 4,456.02.A flood of earnings reports produced some mixed results, but analysts said the overall picture was ...
US stocks end lower as Ukraine, Gaza weigh on markets NEW YORK: US stocks finished lower on Monday as geopolitical worries weighed on sentiment during the first trading session of a busy week of corporate earnings reports.The Dow Jones Industrial Average dropped 48.45 points (0.28 percent) to 17,051.73.The broad-based S&P 500 declined 4.59 (0.23 percent) to 1,973.63, while the tech-rich Nasdaq Composite Index fell 7.44 (0.17 percent) to 4,424.70.All three indices rallied significantly from morning declines that took the S&P 500 as low as 1,965.77.Western ...
US stocks surge despite crises in Ukraine, Gaza NEW YORK: US stocks surged higher Friday as strong Google earnings and a large pharmaceutical deal offset worries about worsening international crises in Ukraine and Gaza.The Dow Jones Industrial Average jumped 123.37 points (0.73 percent) to 17,100.18.The broad-based S&P 500 powered up 20.10 (1.03 percent) to 1,978.22, while the tech-rich Nasdaq Composite Index leaped by 68.70 (1.57 percent) to 4,432.15.Friday's gains in the Nasdaq more than counterbalanced the losses from Thursday in the wake of ...


Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln