Traders work on the floor of the NYSE in New York Thomson Reuters
13 March, 2018, 21:50
But the half percent fall in the Dow Jones Industrial Average followed a near 2 percent gain for New York's main indexes on Friday after data showed sluggish wage growth in February, easing concerns the Federal Reserve might raise interest rates swiftly. The S&P 500 was down 3.55 points, or 0.13 percent, to 2,783.02.
The news came shortly after the Labor Department said its consumer price index rose 0.2% in February.
Shares of Micron Technology jumped almost 10 percent after analysts at Nomura raised their target for the stock to $100 - $41 above current rates. Over the year, average hourly earnings have increased by 68 cents, or 2.6 percent, lower than market expectations.
US stock futures traded higher in early pre-market trade.
Boeing and other industrial companies fell Monday, giving back some of the ground they won late last week.
Rapid gains in technology stocks have already powered the Nasdaq back to its record levels. The Dow Jones Small-Cap Growth TSM Index closed at 9,974.43 for a gain of 19.39 points or 0.19%.
The Australian dollar had risen by 0.4 per cent to 77.8 United States cents about 7:15am AEDT.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.88 percent.
The Dow's overnight losses came after an nearly 2 per cent gain for Wall Street last Friday.
Johnson Controls was up 1.6 percent after saying it would consider selling a business that makes batteries for vehicles.
Ocular jumped 27 percent after laser and optical fibre specialist Lumen Holdings said it would buy the optical components producer for $1.7 billion. The S&P 500 technology sector gained 0.31% for the day. The Nasdaq composite gained 26 points, or 0.4 percent, to 7,588, another record high.
The Dow Jones industrial average rose 71 points, or 0.3 percent, to 25,410.
However, the rules would have raised production costs for organic farmers and saddled them with more paperwork, Republican U.S. USDA delayed implementation twice after that and announced in December its intentions to withdraw the rule.
Only three players achieved the feat in fewer games: Wayne Gretzky (718), Mario Lemieux (719) and Brett Hull (900). After the game, Kuzy had the quote of the night when asked for his reaction of Alex Ovechkin's 600th career goal.
The Rolling Cash 5 jackpot for the next drawing is $110,000 for hitting all five numbers and the odds of winning are 1-in-575,757. The official Ohio Lottery site offers more information on instant tickets, raffles and other lottery games.
Apple has reportedly shelved many exciting features intended for iOS 12, including a home screen redesign and several app tweaks. WWDC 2018 will run from June 4 through June 8 and take place in San Jose, California for the second year in a row.
They blamed Schaaf's warning for ICE's failure to apprehend all of its targets-the raid resulted in around 200 arrests . Schaaf's actions "clearly had an impact" on the number of arrests, though the agency can't put a number on it.
Sacred Heart Hospital in Pensacola confirmed on its website that it had received 18 patients from the bus wreck on Tuesday. Greg Abbott offered his condolences over the crash. "Prayers and thoughts are with our families", company officials said.
Manchester United midfielder Jesse Lingard has revealed how Marcus Rashford has handled being out of the team this season. After a goalless first leg three weeks ago, Lingard acknowledged that his side face a tough task in Spain.
According to ESPN's Adam Schefter , Norwell will sign a five-year, $66.5 million contract with the Jacksonville Jaguars . Not only that, but the Jaguars did have the best rushing offense in the league last season.
The decision was not unexpected, and came one day before Cruz is scheduled to be arraigned on 17 counts of first-degree murder. Cruz's case will be heard Wednesday before Broward Circuit Judge Elizabeth Scherer.
Shia LaBeouf Offered His Clothes to Kanye West, Who Took Them All
And finally, "I fucked up". "To hear him say that he was disappointed in me probably changed the course of my life", LaBeouf says. LaBeouf was arrested in Savannah for public drunkenness, disorderly conduct and obstruction. "McEnroe was a master at his rage".
VW to build EVs at 16 factories by 2022
To accommodate production, Müller said the company will adapt nine production sites to handle electric-vehicle production. The Volkswagen Group says that it has the financial resources for the transformation.
Last Fantasy 7 Remake: What We Know So Far
Redone from the ground up this new version of the first 3D Final Fantasy game will feature active combat and modernized graphics. We recently learned that Cloud, the protagonist of this installment, will retain his personality in this remake.
At Home With Kim Kardashian West
That's what women usually die from in childbirth-you hemorrhage and bleed to death and they can't stop it. She hinted she wants one more baby before her family is complete .