Friday At The Open

US sharemarket indexes traded in tight ranges ahead of key jobs data to be released on Friday. Investors digested latest comments from President Trump as well as the latest earnings results. At the close of trade the Dow Jones index was lower by 6 points or less than 0.1% after trading in a 91 point range. The S&P 500 index was up by 0.1% while the Nasdaq was lower by 6.5 points or 0.1%.

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Friday At The Open

US sharemarkets were mixed on Thursday. Gains in energy and financial stocks were offset by falls in the technology sector. The growing expectation of a Fed December rate hike continued to lift financial stocks, with the S&P Financial sector gaining.

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Monday At The Open

US sharemarkets finished at record highs on Friday in a shortened trading session. Investors sought value in sectors that have been out of favour such as consumer staples. At the close of trade the Dow Jones index was up by 69 points or 0.4% with the S&P 500 index up by 0.4% while the Nasdaq gained 18 points or 0.3%. Over the week the Dow rose by 1.5%, the S&P 500 rose by 1.4% and the Nasdaq rose by 1.5%.

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Tuesday At The Open

US sharemarkets rose on Monday with all major indices notching up record highs. Higher oil price boosted energy producers. Shares in Facebook rose 4.1% after announcing a $6 billion share buyback program. At the close of trade, the Dow Jones index finished up by 89 points or 0.5%. The S&P 500 index was up by 0.8% while the Nasdaq lifted by 47 points or 0.9%.

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