Michael Hewson, chief market analyst at CMC Markets UK, said: "US investors have continued to turn a deaf ear to the ongoing political intrigue unfolding in Washington DC [and] for now the direction of travel continues to remain positive". He raised his 2018 sales and earnings estimates on Apple. Parsec Financial Management Inc. now owns 1,165 shares of the company's stock worth $248,000 after buying an additional 5 shares in the last quarter. Companies that have reported so far have posted around 11% growth in earnings per share from the same quarter a year earlier, a higher figure than Wall Street anticipated entering reporting season.
While most company results this quarter are supporting the case for a firm global economy that's propelling equity gauges to new highs, questions remain about how long the rally can run amid stretched valuations and mixed USA data.
At 9:35 a.m. ET (1335 GMT), the Dow Jones Industrial Average was up 47.63 points, or 0.22 percent, at 22,011.55, the S&P 500 was up 1.83 points, or 0.07 percent, at 2,478.18.
According to the Energy Information Administration, the DoE's statistical arm, commercial U.S. crude oil inventories shrank by 1.5m barrels during the week ending on 28 July, instead of by the 2.96m barrels expected by analysts. Economists polled by Reuters expected an addition of 185 000 jobs.
Another great tech company managed to beat most forecasts and expectations; Apple manages to continue with massive expectations beat with its quarterly performance and overall fiscal performance for the past years now.
Shares of Archer Daniels Midland climbed after the United States agricultural merchant reported better-than-expected earnings, bolstered by margins on sweetener and starches as well as on corn ethanol.
Declining issues outnumbered advancers on the NYSE by 1 403 to 999. US West Texas Intermediate (WTI) futures fell $1.35, or 2.7%, to $48.82 a barrel.
Sen. Cory Gardner's bad votes on Obamacare repeal and replace
He walked onto the Senate floor to a standing ovation, offering a critically needed vote to help Republicans break the deadlock. Their "no" votes signaled that the so-called "clean repeal" bill did not have the support from key Republican senators.
NASA will send up cards, or coupons, with dried bacteria on them to see how the bacteria reacts during eclipse conditions. And you may want to get prepared now because a total solar eclipse doesn't happen very often.
The Premier League club confirmed on Monday that Mendy has joined on a five-year deal for a reported fee of £52million. Speaking to the club's website , Mendy admitted: "I am absolutely delighted to be joining Manchester City ".
Police homicide detective also charges Fox with racial discrimination saying he has been denied air time and full-time employment. In reality, the young man was gunned down in Washington D.C.in July of a year ago , and his murder is still being investigated.
The killer feature on their eclipse page is the chart showing eclipse times for various cities in the path of totality . However, in reality the moon is much smaller than the sun , 400 times smaller and the sun is 400 times further away.
When reached by MIT Technology Review , Mitalipov declined to comment on the results, which he said are pending publication . They said it would be "irresponsible" to use gene editing technology in human embryos for therapeutic purposes.
PML-N, which enjoys majority in National Assembly, has nominated ex-oil minister Shahid Khaqan Abbasi as interim prime minister. Sharif has moved out of the sprawling Prime Minister House's in the heart of Islamabad and into the nearby Punjab House.
While the winger had a quiet first-half, his performance in the second period showed why Jose Mourinho is keen on the 28-year-old. Batshuayi thought he had levelled in the closing minutes - only for his goal to be chalked off for a questionable offside flag.
Sunday's incident is among the most serious since Israel and Jordan signed a peace treaty in 1994, the BBC reported Monday. The security guard shot dead the Jordanian attacker, while a second Jordanian there at the time was also killed.
Takara got pregnant with Kyara past year when SeaWorld announced that it would end its #killer whale breeding program . Kyara , a 3-month-old calf at SeaWorld San Antonio , died sometime Monday surrounded by staff at the park.
Apple slammed for 'troubling' cull of VPN services in China
Xiaomi and Huawei, two of China's biggest domestic manufacturers, accounted for more than 29 percent of the market previous year . One of the VPN manufacturers who's complained about their apps being expunged from the app store is Golden Frog.
Pence pressures China on North Korea
The US military displayed Patriot missiles in Lithuania earlier this month after having used them in an exercise there. He's the latest USA official to visit the country in a show of support for NATO's Baltic members.
Schooling clinches joint-bronze in 100m fly at Worlds
South African Chad Le Clos is the defending champion in the event and is coming off a win in the 200m fly on Wednesday (26 July). The US team did all the race in the lead, winning the fourth gold of the day out of the six finals contested at the Duna Arena.
Standalone HTC Vive VR Headset Launched In China
Recently there was news about Oculus partnering with Xiaomi to come up with an all-in-one headset for the Chinese market. Owners of the Oculus Rift or HTC Vive can now sample the rather cool Virt-A-Mate demo from lone developer Meshed VR .
Israel removes security measures outside Al Aqsa mosque
On Tuesday, Erdogan had accused Israel of using security measures as a pretext to take over holy sites in Jerusalem from Muslims. His latest comments come amid a major fallout between Israeli authorities and Palestinians over al-Aqsa Mosque.
Amazon Prime Now enters Singapore
Amazon first launched Prime Now in New York City in December 2014 and has since expanded it all over the US, London and China. Amazon launched its Prime Now service in NY in December 2014 and has since expanded to 50 cities worldwide.