Thursday, July 31, 2014   

Wall Street tracks lower
(02-26 09:01)

Wall Street stocks fell Tuesday following weak US economic data and a mixed outlook from JPMorgan Chase on some of its key business units.
The Dow Jones Industrial Average dropped 27.48 points (0.17 percent) to 16,179.66.
The broad-based S&P 500 dipped 2.49 (0.13 percent) to 1,845.12, while the tech-rich Nasdaq Composite Index gave up 5.38 (0.13 percent) at 4,287.59.
US data came in below expectations. The Case-Shiller index for home prices in 20 leading US cities fell 0.1 percent in December, the second straight monthly decline. The Conference Board said its consumer confidence index fell to 78.1 in February from 79.4 in January.—AFP

Other Business breaking news:
Hutchison, Cheung Kong profits soar (26 mins ago)
HK retail sales shrink in June (37 mins ago)
Hang Seng extends win streak to eight (1 hr 11 mins ago)
Panasonic profit dives (1 hr 23 mins ago)
Toshiba net profit soars in first quarter (1 hr 36 mins ago)
ANA withdraws plan to buy stake in Myanmar airline (1 hr 38 mins ago)
European markets directionless (1 hr 41 mins ago)
Lloyds bank interim net profits slump (2 hrs 34 mins ago)
Shell triples net profits in second quarter (2 hrs 35 mins ago)
Nikkei ends lower (2 hrs 56 mins ago)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.