Saturday, 21 October, 2017

DJIA Today: Dow Jones Futures Hit Record Following Yellen Testimony

US stocks up - 13-07-17 US STOCKS SNAPSHOT-S&P, Dow flat after big banks' earnings
Juana Turner | 15 July, 2017, 00:41

The Nasdaq Composite (INDEXNASDAQ:.IXIC) closed up 67.87 points, or 1.10% to 6,261.17, with shares of Paypal Holdings Inc (NASDAQ:PYPL) hitting a record high.

The Dow Jones rose 15.01 points in early trade to 21,547.15.

The Dow and S&P 500 ended the week with fresh highs, even as bank earnings weighed on financials. Small caps posted a weak session, with Russell 2000 futures ending only slightly below the break-even line.

TOKYO: Asian shares up more than 1 per cent with sentiment getting another boost from China's upbeat data on exports and imports for June, the latest sign that global trade is finding some real traction again.

The US stock market surged on Wednesday, lifting one of the major indexes to a record, after the head of the US central bank predicted borrowing costs would remain relatively low.

The Hang Seng index jumped 1.2 per cent, to 26,346.17, while the China Enterprises Index gained 1.5 per cent, to 10,677.44 points.

She said policymakers planned to raise interest rates to reach a neutral policy stance, but added that this point was not too far off.

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