In world markets, European stocks finished higher, led by the CAC 40 in France rising 0.7 percent. Asian markets also finished higher, led by the Hang Seng in Hong Kong rising 2.1 percent. Meanwhile, Caterpillar Incorporated said its second-quarter profit grew 44 percent. Net profit rose 44 percent to $1.02 billion in the second quarter, from $707 million in the same period last year. Total revenue rose 37 percent to $14.23 billion, beating Wall Street expectations. The U.S. dollar rose versus the euro but fell versus the yen. The broader Standard & Poor’s 500 index rose 1.22, or 0.1 percent, to 1,345.02. The technology-heavy Nasdaq composite index rose 24.40, or 0.9 percent, to 2,858.83. Micron, Microchip Technology, and Seagate were all up 2 percent or more.
GMT 17:42 2018 Wednesday ,03 January
PML-N fulfilled its obligation to overcome country’s energy deficit: PMGMT 17:39 2018 Wednesday ,03 January
BP says to take $1.5bn hit on US tax reformsGMT 17:36 2018 Wednesday ,03 January
China factory activity accelerated in December: CaixinGMT 10:46 2017 Thursday ,21 December
China's economic growth to slow next yearGMT 17:25 2017 Tuesday ,19 December
GFH acquires two trophy Chicago properties for US $150 millionGMT 11:59 2017 Tuesday ,19 December
N. Korean incomes improving but far below SouthGMT 15:16 2017 Thursday ,14 December
EU agrees increases in fishing quotasGMT 12:32 2017 Thursday ,14 December
N. Korea's overseas financial network squeezed by USMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©