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Dow, S&P 500 open third quarter with fresh records NEW YORK: Wall Street stocks on Tuesday barreled higher to new records, opening the third quarter with big gains following strong US auto sales and Chinese manufacturing data.The Dow Jones Industrial Average gained 129.47 points (0.77 percent) to 16,956.07, while the S&P 500 shot up 13.09 (0.67 percent) to 1,973.32. Both were record closing highs.The tech-rich Nasdaq Composite Index bolted 50.47 (1.14 percent) higher to 4,458.65.Analysts said the market was spurred by data that showed Chinese manufacturing activity expanded in June at the fastest pace of the year and a surprisingly strong batch of US auto sales.The auto industry sold 1.42 million vehicles in June in the US, well above the Edmunds.com projection of 1.36 million."The market has some pent-up demand" after trading sideways for the last week or so, said Art Hogan, chief market strategist at Wunderlich Securities.Other US economic data was mixed. The Institute for Supply Management's manufacturing ...

Dow, S&P 500 close at new records to open third quarter NEW YORK: Wall Street stocks on Tuesday barreled higher to new records, opening the third quarter with big gains following strong US auto sales and Chinese manufacturing data.At the closing bell, the Dow Jones Industrial Average gained 129.92 points (0.77 percent) to 16,956.52, while the S&P 500 shot up 12.97 (0.66 percent) to 1,973.20; both were new records. The tech-rich Nasdaq Composite Index bolted 50.47 (1.14 percent) higher to 4,458.65.Copyright AFP (Agence France-Presse), 2014 ...
US stocks jump on strong auto sales NEW YORK: Wall Street stocks Tuesday barrelled higher in mid-morning trade following strong US auto sales for June and a mixed bag of other economic data.About 90 minutes into trade, the Dow Jones Industrial Average gained 120.52 points (0.72 percent) to 16,947.12.The broad-based S&P 500 rose 11.64 (0.59 percent) to 1,971.87, while the tech-rich Nasdaq Composite Index jumped 46.88 (1.06 percent) to 4,455.06.Automakers General Motors, Ford Motor and Chrysler all bested expectations for June US ...
US stocks mixed at end of 2Q; Nasdaq strong NEW YORK: Wall Street stocks on Monday turned in a mixed performance to close the second quarter after US pending home sales jumped but automaker General Motors announced another massive auto recall.At the closing bell, the Dow Jones Industrial Average lost 29.51 points (0.18 percent) at 16,822.33, while the broad-based S&P 500 dipped 1.04 (0.05 percent) to 1,959.92.But the tech-rich Nasdaq Composite Index rose 10.25 (0.23 percent) to 4,408.18.The National Association of Realtors reported that ...
US stocks mostly lower ahead of busy week of data NEW YORK: US stocks on Monday moved mostly lower in early trade to kick off a holiday-shortened trading week that includes some major economic reports.About 30 minutes into trade, the Dow Jones Industrial Average dropped 35.35 points (0.21 percent) to 16,816.49.The broad-based S&P 500 dipped 0.29 (0.01 percent) to 1,960.67, while the tech-rich Nasdaq Composite Index advanced 3.01 (0.07 percent) to 4,400.94.Analysts expect light trading volume this week ahead of the US Independence Day holiday, ...
US stocks mostly lower ahead of busy week of data NEW YORK: US stocks Monday moved mostly lower in early trade to kick off a holiday-shortened trading week that includes some major economic reports.About 30 minutes into trade, the Dow Jones Industrial Average dropped 35.35 points (0.21 percent) to 16,816.49.The broad-based S&P 500 dipped 0.29 (0.01 percent) to 1,960.67, while the tech-rich Nasdaq Composite Index advanced 3.01 (0.07 percent) to 4,400.94.Analysts expect light trading volume this week ahead of the US Independence Day holiday, which ...
US stocks finish higher on 'summer Friday' NEW YORK: US stocks on Friday finished a quiet day of trade higher as strong earnings from Nike helped offset a profit warning from DuPont. The Dow Jones Industrial Average edged up 5.71 points (0.03 percent) to 16,851.84.The broad-based S&P 500 rose 3.74 (0.19 percent) to 1,960.96, while the tech-rich Nasdaq Composite Index put on 18.88 (0.43 percent) at 4,397.93.Market data showed low trading volumes on a day with no major US government economic releases. ...

 



 
Index Closing Chg%
Arrow DJIA 16,563.30 1.88
Arrow Nasdaq 4,369.77 2.09
Arrow S&P 1,930.67 2.00
Arrow FTSE 6,730.11 0.64
Arrow DAX 9,407.48 1.94
Arrow CAC-40 4,246.14 1.53
Arrow Nikkei 15,620.77 0.16
Arrow H.Seng 24,756.85 0.10
Arrow Sensex 25,894.97 0.74





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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