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US stocks close mixed amid tepid tech shares
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IANS | 11 Sep, 2019
US stocks closed mixed on Tuesday, with the three major indexes posting
slight changes, as the market was pulled back by an overall retreating
tech stock sector, led by losses of big corporate shares. The
Dow Jones Industrial Average rose 73.92 points, or 0.28 per cent, to
26,909.43. The S&P 500 increased 0.96 points, or 0.03 per cent, to
2,979.39, Xinhua reported.
The Nasdaq Composite Index fell 3.28 points, or 0.04 per cent, to 8,084.16. The
majority of the 30 blue-chip stocks in the Dow notched gains around
market close, with shares of Apple up 1.18 per cent, wiping out its
morning losses. Six of the 11 primary S&P 500 sectors
traded higher around the closing bell, with the energy sector up nearly
1.3 per cent, leading the gainers. Yet the information technology sector
declined nearly 0.5 per cent, among the worst performers in the tally. Most
of the closely-observed FAANG stocks, or the market's five most popular
and best-performing tech stocks, namely Facebook, Apple, Amazon,
Netflix and Alphabet's Google, notched losses during morning sessions,
with shares of Netflix down 2.16 per cent. Shares of Ctrip.com
International fell 2.68 per cent, after the Chinese travel services
giant reported better-than-expected profit for the second quarter. Yet
its quarterly revenue came shy of market forecast. On the
economic front, the number of job openings was little changed at 7.2
million on the last business day of July, the US Bureau of Labor
Statistics reported on Tuesday. The job openings rate was 4.5 per cent. Over
the month, hires edged up to 6 million and separations increased to 5.8
million. Within separations, the quits rate, and the layoffs and
discharges rate were little changed at 2.4 per cent and 1.2 per cent,
respectively.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
84.35
|
82.60 |
UK Pound
|
106.35
|
102.90 |
Euro
|
92.50
|
89.35 |
Japanese
Yen |
55.05 |
53.40 |
As on 12 Oct, 2024 |
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