Breaking News

You are here » Indian-Commodity  :  International & World Stock  :  US markets closed mostly higher on Wednesday

26-Apr2018

US markets closed mostly higher on Wednesday

The US markets closed mostly higher on Wednesday, with the two market gauges erasing early losses to turn positive in afternoon trading as strong corporate earnings appeared to overshadow an ongoing rise in bond yields. Nasdaq is lower for fifth straight session, the longest streak in more than a year. Extending a recent trend, moves in the bond market influenced trading in US stocks as Treasury yields stepped higher. The yield on the 10-year note climbed 3 basis points to 3.026% and neared its highest level since December 2013. Earnings season also remained in focus, amid releases by a number of bellwether companies. So far this reporting season, more than 80% of the S&P 500 companies with reports out have beaten profit forecasts.

The Dow Jones Industrial Average added 59.7 points or 0.25 percent to 24,083.83, the S&P 500 was up by 4.84 points or 0.18 percent to 2,639.40, while the Nasdaq dropped 3.615 points or 0.05 percent to 7,003.74.


Related News

View all news

US markets end mostly lower on Friday

The US markets ended mostly lower on Friday, while Dow Jones Industrial ekes out marginal gains on strong quarterly earnings reports. The markets initially gained the momentum supported by a rally by Chinese......

US markets decline on Thursday on worries about global growth

The US markets declined on Thursday on rising worries over US-Saudi relations after the suspected murder of journalist Jamal Khashoggi and unease over the eurozone due to Italy's controversial budget plans.......

US markets end in green on Tuesday

The US markets ended the Tuesday's trade on an optimistic note with all the major indices garnering a gain of over two percentage points. The rally on Wall Street partly reflected a positive reaction to......

Top News

View all news

Tejas Networks, CONCOR and HDFC Bank to see some action today

Tejas Networks has received a purchase order of Rs 111 crore for Indian Navy's country wide next generation digital communications network from Sterlite Technologies, a global data network solutions company.......

Tejas Networks bags order worth Rs 111 crore from Sterlite Technologies

Tejas Networks has received a purchase order of Rs 111 crore for Indian Navy's country wide next generation digital communications network from Sterlite Technologies, a global data network solutions company.......

CONCOR signs agreement with Kribhco Infrastructure

Container Corporation of India (CONCOR) and Kribhco Infrastructure (KRIL) have entered into an agreement, wherein CONCOR will operate & manage the Bonded Area at KRIL's Terminal at Modinagar in......