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Earnings, big pharma deals give S&P 500 6th straight gain NEW YORK: Solid earnings and major pharmaceutical-sector deals lifted stocks on Tuesday, producing a sixth straight day of gains for the S&P 500 and Nasdaq Composite Index.At the closing bell, the Dow Jones Industrial Average rose 65.02 points (0.40 percent) to 16,514.27, the third day in a row to see a gain.The S&P 500 added 7.72 (0.41 percent) at 1,879.61, while the Nasdaq put on 39.91 (0.97 percent) to 4,161.46.A series of deals between Novartis, GlaxoSmithKline and Eli Lilly shuffled more than $20 billion in assets.The market was also cheered by a plethora of earnings that mostly beat expectations. "If you look at the market overall, we see a lot of beats in terms of earnings," said David Levy, portfolio manager at Kenjol Capital Management.Levy said the tech stocks have reemerged as leaders after languishing for much of March and early April. "The market sentiment seems to have turned much ...

Man Utd shares jump 6pc after manager Moyes booted NEW YORK: Shares of Manchester United jumped six percent on Tuesday after the struggling Premier League giant sacked manager David Moyes just 10 months into the job.Shares of the popular British football team, traded on the New York Stock Exchange, leaped in opening trade and rose to $19.18, before closing at $18.78, their best level since May 2, 2013.The company announced Moyes's departure ahead of the market opening, a much-anticipated move after the club's poor ...
TSX flat in light trading; TransCanada, gold miners TORONTO: Canada's main stock index was little changed in thin Easter holiday trading on Monday with drops in Barrick Gold Corp and TransCanada Corp , which was hit by another delay for its Keystone XL pipeline project, offsetting gains in other groups.Markets in Europe, Hong Kong and Australia were closed for Easter Monday.TransCanada was the biggest drag on the index, closing down 3.7 percent at C$49.38 after the Obama administration again delayed a decision on ...
US stocks rise as busy earnings week kicks off NEW YORK: US stocks finished higher Monday as solid earnings reports from Halliburton and others kicked off the busiest week of the quarterly earnings season.The Dow Jones Industrial Average advanced 40.71 (0.25 percent) to 16,449.25.The broad-based S&P 500 rose 7.04 (0.38 percent) to 1,871.89, while the tech-rich Nasdaq Composite Index increased 26.03 (0.64 percent) to 4,121.55.Peter Cardillo, chief market economist at Rockwell Global Capital, said earnings have so far been solid enough to steady the ...
US stocks rise as busy earnings week opens NEW YORK: US stocks Monday rose in early trade following a holiday-lengthened weekend as a busy week of earnings kicked off with solid reports from Halliburton and Kimberly-Clark.About 30 minutes into trade, the Dow Jones Industrial Average advanced 40.84 points (0.25 percent) to 16,449.38.The broad-based S&P 50 added 4.90 (0.26 percent) at 1,869.75, while the tech-rich Nasdaq Composite Index rose 17.04 (0.42 percent) to 4,112.56.With a relatively light slate of economic data, investors are focused ...
Wall St Week Ahead-Spring fever brings hope for US earnings NEW YORK: Earnings season shifts into high gear next week, and with nearly one-third of S&P 500 names set to post results, investors hope the news provides a catalyst to buy stocks and leave the market's recent weakness in the dust. Several behemoths, including Apple, the largest US company by market value, as well as Microsoft, McDonald's and AT&T, are due to report earnings. They'll be accompanied by highfliers like Netflix and Facebook, giving the ...
US stocks end mostly higher after earnings deluge NEW YORK: US stocks Thursday finished a holiday-shortened week mostly higher following a plethora of earnings reports that generally met or exceeded expectations.The Dow Jones Industrial Average fell 16.31 points (0.10 percent) to 16,408.54.The broad-based S&P 500 advanced 2.54 (0.14 percent) to 1,864.85, while the tech-rich Nasdaq Composite Index rose 9.29 (0.23 percent) to 4,095.52. Major earnings reports came from a broad of range of companies across finance, consumer goods, industrials and other segments of ...


Index Closing Chg%
Arrow DJIA 16,514.37 0.40
Arrow Nasdaq 4,161.46 0.97
Arrow S&P 1,815.69 0.95
Arrow FTSE 6,681.76 0.85
Arrow DAX 9,600.09 2.02
Arrow CAC-40 4,484.21 1.18
Arrow Nikkei 14,388.77 0.85
Arrow H.Seng 23,003.64 0.79
Arrow Sensex 22,758.37 0.03

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