Dow Jones sails past 23000 milestone, hitting record highs
00:10, Oct 20, 2017
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Oct 18 (Reuters) - The Dow Jones Industrial Average opened above 23,000 for the first time on Wednesday, powered by IBM, which hinted at a revival in its growth after six years in retreat. This means that instead of the index being driven primarily by the largest companies (those with the largest market capitalization) within the index, it is driven by the highest-priced stocks.
All three hit record closing highs, adding to recent records.
The Dow Jones Industrial Average was up 29.42 points, or 0.13 percent, at 22,986.38, after briefly hitting the 23,000 mark earlier. The Russell 2000 index of smaller-company stocks fell 5.18 points, or 0.3 percent, to 1,497.50.
The S&P 500 gained 0.14 points, or 0.01 percent, to 2,557.78 and the Nasdaq Composite dropped 3.89 points, or 0.06 percent, to 6,620.11.
The major stock indexes drifted between small gains and losses for much of the day. Biogen rose $8.799, or 2.6 percent, to $344.47, while Anthem rose $3.50, or 1.9 percent, to $187.26. The company's stock rose 3.43 per cent to close at 140.79 Dollars a share on Monday.
Fifty companies are to report quarterly results this week, the first full week of the third-quarter earnings season.
Hopes of USA tax reform have received a boost lately after the House passed a $4.1 trillion budget.
Second, unlike the S&P 500, which is a market-cap-weighted index, the Dow is a price-weighted index. Brent crude, used to price global oils, rose 6 cents to close at $57.88 a barrel in London.
Stranger Things 2 will take us back to The Upside Down in two weeks, with all nine episodes streaming on Netflix Oct. 27. Will is in and out of hospitals, undergoing a series of evaluations after returning from the Upside Down.
About 19,000 civilian and military service personnel are working in recovery efforts in Puerto Rico and the U.S. It knocked out electricity to the whole island and caused widespread damage to homes and infrastructure.
Iran's ballistic missile program has triggered the discontent and concerns of other states, in particular, the United States. He stressed that if new sanctions are imposed on Iran , the chance for any interaction will be lost forever.
You can also change your console language to select right-to-left languages - Arabic & Hebrew - in the Xbox Settings menu. This enables players to get into touch with the official and community tournaments that they have already joined.
In a statement , the Turkish government said it would stand by Baghdad to provide peace and stability in the region. The status of Kirkuk and fate of the Kurds were left unsettled 14 years ago when a USA -led invasion toppled Saddam.
Marshall was also carted off the field in the second quarter after failing to make a one-handed catch and rolling his left ankle. Marshall suffered an ankle sprain during Sunday's 27-22 defeat to the Chargers, Adam Schefter of ESPN reports.
The former Trump aide kicked off his ambiguous project with partner Lance Leifer, who like Scaramucci is a hedge fund manager. Laifer also received publicity in 2007 when he made it his mission to raise as much money as possible for malaria research.
Twitter came alive after the match with several celebrities, among others, congratulating the Indian team on the superb win. After beating Japan 5-1 in their opening match, the Manpreet Singh-led side mauled minnows Bangladesh 7-0 on Friday.
I like to have this great feeling with our fans, our supporters. 'One day in the future but I know very well my position. Italy is my homeland, so once I have had some good experiences, important and life-changing experiences, I'll be back.
EPA Administrator Scott Pruitt says the Trump administration will withdraw from Obama-era Clean Power Plan to slow global warming. At the same meeting, Pruitt announced the upcoming start of the process of withdrawing from the Clean Power Plan (CPP ).
Tens of thousands of acres have burned in multiple wildfires in Napa County Monday morning, Cal Fire officials said . Firefighters were also battling a 50-acre grass fire on Highway 37 between Lakeville Highway and Highway 121.
People trapped in rubble after Mogadishu blast
A huge explosion has reportedly hit one of the busiest street in Somalia's capital of Mogadishu, number of casualties is unknown. The prime minister's office announced the resignation of Abdullahi and army chief Ahmed Mohamed Jimale Irfid on Thursday.
India, Australia 3rd T20I match called off
The match scheduled to begin at 7 pm is likely to be threatened by possible light to moderate showers as per weather forecasts. The T20I series is locked 1-1 after Australia defeated India by eight wickets in the second match at Guwahati on October 10.
NFL Week Five Match Up: Jaguars at Steelers
Ben Roethlisberger continued his solid, but unspectacular play, completing 18 of 30 passes for 216 yards, a touchdown and a pick. Jacksonville (3-2) beat the Steelers for the first time in a decade by relying heavily on the NFL's top-ranked pass defense.
Iowa State's Park to miss Oklahoma game
Iowa State coach Matt Campbell said in a statement that he is not sure when Park will return, and he can not discuss specifics. This is the seventh straight season Oklahoma has dropped a game they were a double-digit favorite.
TransCanada terminates Energy East project
Alberta Premier Rachel Notley says TransCanada's decision to pull the plug on the Energy East pipeline is "unfortunate". Last month the company revealed that it was suspending efforts to get regulatory approval.
European Parliament to debate Catalan independence vote
He disagreed with the European Commission's statement on Monday that events in Catalonia were an internal issue for Spain. That police action was met with furious protests and the Catalan regional police were accused of failing to intervene.