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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 4,473.70."There's less talk of geopolitical concerns, whether it be in Gaza or Ukraine, and more discussion of fundamentals," said Art Hogan, chief market strategist at Wunderlich Securities. "On balance, earnings have been better than expected." Apple, the biggest publicly traded company in the US, gained 2.6 percent on the Nasdaq as profits for its fiscal third quarter rose 11.6 percent to $7.7 billion due to strong demand for iPhones, particularly in China.Boeing dropped 2.3 percent, ...

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 ...
US stocks surge despite crises in Ukraine, Gaza NEW YORK: US stocks surged higher on 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 ...
CP Rail and energy shares drive TSX higher TORONTO: Canada's main stock index climbed on Friday, supported by gains in shares of energy producers and Canadian Pacific Railway Ltd, as investors shrugged off worries about heightening tensions in Ukraine.World leaders called for an international investigation after a Malaysian airliner with 298 people on board crashed over eastern Ukraine. The incident is the latest twist in the volatile situation in the region.Adding to global geopolitical concerns, Israel intensified its land offensive in Gaza with ...
US shares rebound, euro briefly dips below $1.35 NEW YORK: US stocks rebounded and European markets recovered a bit on Friday but the euro dipped below $1.35 for first time since February after a Malaysian airliner was downed in eastern Ukraine and Israel stepped up a ground assault in Gaza. German Bund yields fell to near record lows as investors bought assets perceived as safe havens after Thursday's crash, a potentially pivotal moment in the worst crisis between Russia and the West since ...

 



 
Index Closing Chg%
Arrow DJIA 17,083.80 0.02
Arrow Nasdaq 4,472.11 0.04
Arrow S&P 1,987.98 0.05
Arrow FTSE 6,821.46 0.34
Arrow DAX 9,794.06 0.42
Arrow CAC-40 4,410.65 0.78
Arrow Nikkei 15,284.42 0.29
Arrow H.Seng 24,141.50 0.71
Arrow Sensex 26,271.85 0.48





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln