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Strong Apple earnings push US stocks higher NEW YORK: Apple's strong earnings helped push US stocks higher in early trade Tuesday, offsetting the impact of third quarter profit drops from Coca-Cola and McDonald's.About 35 minutes into trade, the Dow Jones Industrial Average stood at 16,469.97, up 70.30 points (0.43 percent). The broad-based S&P 500 jumped 18.54 (0.97 percent) to 1,922.55, while the tech-rich Nasdaq Composite Index gained 51.41 (1.19 percent) to 4,367.48.Apple, the biggest US company by market capitalization, rose 1.9 percent as fourth-quarter profits jumped 13 percent to $8.5 billion on strong iPhone sales.Apple's earnings came as the third quarter earnings season picked up pace. As of Monday afternoon, 57 companies in the S&P 500 had reported earnings that beat analyst expectations, 16 missed and eight matched estimates.Coca-Cola shares plunged 6.2 percent Tuesday as net income for the third quarter dropped 13.6 percent to $2.12 billion. Results were weighted down by slower economic growth and volatile ...

Brazil sugar output to fall as drought devastates crop SAO PAULO: Drought will drive sugar production in Brazil's cane-rich center-south nearly 8 percent lower than last year, hammering the world's main supplier of sugar, commodities market analysts Datagro said.Brazil's main center-south cane region will produce 31.6 million tonnes of sugar in 2014/15, down from 34.3 million last year and 32.3 million tonnes seen a month ago due to a severe drought, Plinio Nastari, president of Datagro said on Monday.The world's top sugar producing region ...
Wall St to open higher on earnings boost NEW YORK: US stocks were set for a higher open on Friday following a batch of solid earnings reports and on hopes the Federal Reserve might slow the wind-down of its stimulus in light of recent weakness in global demand. The benchmark S&P index is on track for its fourth straight weekly decline, its longest streak in more than three years, and is down more than 7 percent from its record high as concerns about ...
TSX opens higher on US data, commodity prices TORONTO: Canada's main stock index jumped on Friday as positive US economic data and gains in the prices of some commodities helped support most major sectors.The Toronto Stock Exchange's S&P/TSX composite index was up 161.95 points, or 1.2 percent, at 14,221.92 shortly after the open. Copyright Reuters, 2014 ...
TSX hits one-week high as energy shares rebound TORONTO: Canada's main stock index jumped to its highest level in a week on Friday as positive US economic data and a rise in oil prices helped revive the battered energy sector.Data showing that US housing starts and permits rose in September signaled the US economic recovery might be on track.Stock markets have been in a corrective phase over the past month, weighed on by worries over global economic growth, oil demand and the direction ...
TSX climbs as energy, mining shares gain TORONTO: Canada's main stock index rose in choppy trading on Thursday as gains in the energy and mining sectors helped offset concerns about global economic growth.Worries about the direction of the global economy and fears that the US Federal Reserve might raise interest rates have hit equity markets hard in recent weeks.The market also digested data on Thursday that showed Canadian factory sales recorded their first fall this year in August, their biggest drop in ...
Shares fall but pare losses on US data, dollar rebounds NEW YORK: Global equity markets tumbled again on Thursday as investors continued to worry about world growth and on fears that Europe's debt crisis was waking up from a two-year siesta, while crude oil slumped to a four-year low.But new data indicating strength in the US economy helped major US, European and pan-world stock indexes pare losses that had exceeded 1 percent earlier and cut the bid for safe-haven government debt, driving up yields.Data showing ...


Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln