Shares were mostly higher in Asia Thursday following a broad rally on Wall Street that nudged the Dow Jones industrial average to a new high after Federal Reserve Chair Janet Yellen told Congress the central bank may slow the pace of its interest rate increases if inflation remains below its target level. The S&P 500 was up by a point, or less than 0.1%, to 2,444.
USA stocks gained on Thursday, with the Dow Jones closing at a record for the 24th time in 2017, led by financials ahead of a roster of corporate results from the US's biggest banks.
The Nasdaq Composite (INDEXNASDAQ:.IXIC) closed up 13.27 points, or 0.21% to 6,274.44. Consumer-focused stocks also rose. The Dow rose 20.95 points, or 0.1 percent, to 21,553.09.
Modest gains by technology companies and banks are leading US stock indexes slightly higher in midday trading on Wall Street.
FED TALK: Yellen's comments to Congress assuaged concerns among some traders that the Fed was raising interest rates too quickly in the face of stalling inflation and sluggish US economic growth of just 1.4 percent in the first quarter.
Today, Yellen will deliver her second day of semiannual monetary policy testimony before the Senate Banking Committee. Among the biggest gainers, Chesapeake Energy Corp. added 1.7% while Exxon Mobil Corp. was up 0.8%. Macy's rose 79 cents, or 3.7 percent, to $22.03. The Shanghai Composite index climbed 0.4 percent at 3,210.65 and the S&P ASX 200 surged 1.1 percent to 5,735.40.
Delta Air Lines Inc on Thursday reported a 21% drop in second-quarter profit because of sharply higher operating costs, despite higher passenger unit revenue, sending its shares down about 1.7%.
The Dow is up 1,790.49 points, or 9.1 percent. The euro weakened to $1.1408 from $1.1416. South Korea's Kospi gained 0.7 percent.
Those who are sanctioned would have their assets within US jurisdiction frozen and would be barred from entering the country. Earlier, Democrats tried to present another bill on sanctions, but the Republicans resisted these actions. "It will be done".
The nuclear deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), went into force in January 2016. On July 20, 2105 the UN Security Council adopted a resolution endorsing the nuclear deal.
The driver apps of the two companies will be integrated into a single app for greater efficiency, the companies said. The deal marks another pullback from Uber's breakneck global expansion, coming a year after its exit from China.
Unless another team claims Sandoval off waivers, the Red Sox will have to pay him for the remaining 2-1/2 years on the contract. Sandoval hit.245 with 10 homers in his first year with the Red Sox, posting career lows in almost every offensive category.
Honda tuned the small turbo mill to peak at 192 hp and 192 lb-ft of torque, which it produces between 1,500 and 5,000 rpm. For added comfort, armrests front and rear are longer, wider and more deeply padded, while seats get taller bolstering.
On Friday morning, Bakayoko only increased the glimmer of hope the Red Devils fans had of beating the Blues to his signing. Chelsea have been heavily linked with Monaco's Tiemoue Bakayoko , with that interest sparking the Matic to United talk.
Il difensore portoghese ha firmato in quinquennale da circa 1.5 milioni l'ano e il Napoli ha pagato nove milioni alla Roma . Sono in corso le visite mediche, dopodiché il calciatore partirà direttamente per Dimaro .
Daarom leeft nu de gedachte dat we hier voor het eerst de Samsung Galaxy Note 8 te zien krijgen, via een officieel kanaal. Vermoedelijk wordt de phablet voorzien van een 6,3 inch OLED-scherm met een resolutie van 2960 bij 1440 pixels.
It's the latest attempt by new F1 owner Liberty Media to raise the profile of the sport, and engage more directly with the public. Unfortunately for Hamilton , cracks in the Mercedes driver's armor are beginning to show.
A Thomas Cook spokesman said: "Thomas Cook is aware of a knife attack that has taken place on the beach in Hurghada in Egypt ". Egypt's state-run news agency says gunmen have attacked a security checkpoint in Cairo, killing five security forces.
Nine Inch Nails reveal Add Violence EP
The band also debuted the opening track "Less Than" in anticipation of the impending release of their five-track EP. We now know that the second EP, ADD VIOLENCE , is set to release on July 21 via Null.
'Active sinkhole' swallows two Florida houses, others at risk
Tobin says surrounding homes are being evacuated and emergency management officials are heading to the scene in Ocean Pines Drive. Luckily, the residents had already left to go to work but firefighters did manage to rescued two dogs from inside the home.
Thousands gather for the funeral of Bradley Lowery
Today, as his family and friends say goodbye for now, we remember Bradley's journey and send our best wishes to his loved ones. Sunderland AFC honoured the life of little fighter Bradley Lowery at his funeral - saying he united the world of football.
Gold Gains On Yellen Speech
Stating to the Congressional committee, she said that the Federal Reserve plans to cut its huge $4.5 trillion portfolio this year. New Zealand's two-year swap rate fell 4 basis point to 2.25 percent, and 10-year swaps fell 4 basis points to 3.32 percent.
Carrie Fisher receives posthumous Emmy nomination
This is Carrie Fisher's third Emmy nomination, after her guest appearance on 30 Rock and her one-woman show Wishful Drinking . The episode of " Catastrophe " for which Fisher is nominated was the final project she worked on before her death.
The US Puts More Pressure On China Over North Korea
But coal imports slumped by 75%, suggesting Beijing is gradually choking off North Korea's biggest source of foreign currency. Goods exported to North Korea were largely items such as textile products not covered by sanctions, Mr.
Game of Thrones Deaths Most Likely to Happen in Season 7
Stark is, of course, played by British actress Sophie Turner , who has put her hair through the ringer for the sake of the role. Or will she be corrupted by Littlefinger's whispers, amd become drunk on the idea the North should be hers and hers alone?
Vanguard chief Bill McNabb to step down
Under McNabb, Vanguard more than tripled in size as investors embraced the low-priced index funds for which it is best known. For the next six years, he was the head of the retail investor group and was appointed chief investment officer in 2013.
Nasa spot 75000-mile-wide HOLE on the sun
What's more, this huge gap on the sun's surface is emitting a jet of fast-moving particles spotted spewing out into space. Sunspots are abundant when solar activity is high, and these spots will not become plentiful again until at least 2020.