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How the Net Dies
….Record highs for Dow, S&P, Nasdaq and Russell 2K. DOJ sues to block AT&T-Time Warner deal. FCC moves to kill net neutrality protections for consumers. Existing home sales climb. Financial Review by Sinclair Noe for 11-21-2017 DOW + 160 = 23,590 SPX + 16 = 2599 NAS + 71 = 6862 RUT + 15 = 1518 10 Y – .01 = 2.36% OIL + .70 = 57.12 GOLD + 4.00 = 1281.00 Record high closes for the Dow, S&P, Nasdaq, and Russell 2000. The S&P technology index gained 1.2 percent, helped by a nearly 1.9 percent rise in Apple. The index has risen 38.6 percent this year, by far more than any other sector. The S&P 500 is up 16.1 percent for the year so far. Healthcare stocks also rose after bullish results from medical device maker Medtronic, whose shares rose 4.8 percent after the company reported better-than-expected results and backed its full-year forecast. Shares of Urban Outfitters gained 3.7 percent while Hormel Foods was up 3.4 percent. Both reported quarterly results. Signet Jewelers tanked 30.4 percent after reporting a surprise quarterly loss. Shares of HP fell 4% late Tuesday after the company reported fiscal fourth-quarter earnings and sales above expectations. Hewlett Packard Enterprise managed to close out its year with an earnings beat Tuesday, but the company’s forecast for the first quarter of its new fiscal year and Chief Executive Meg Whitman’s impending departure sent shares down more than 5%. Facebook was up more than 1%, but it managed to ...
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By Sinclair Noe….Record highs for Dow, S&P, Nasdaq and Russell 2K. DOJ sues to block AT&T-Time Warner deal. FCC moves to kill net neutrality protections for consumers. Existing home sales climb. Financial Review by Sinclair Noe for 11-21-2017 DOW + 160 = 23,590 SPX + 16 = 2599 NAS + 71 = 6862 RUT + 15 = 1518 10 Y – .01 = 2.36% OIL + .70 = 57.12 GOLD + 4.00 = 1281.00 Record high closes for the Dow, S&P, Nasdaq, and Russell 2000. The S&P technology index gained 1.2 percent, helped by a nearly 1.9 percent rise in Apple. The index has risen 38.6 percent this year, by far more than any other sector. The S&P 500 is up 16.1 percent for the year so far. Healthcare stocks also rose after bullish results from medical device maker Medtronic, whose shares rose 4.8 percent after the company reported better-than-expected results and backed its full-year forecast. Shares of Urban Outfitters gained 3.7 percent while Hormel Foods was up 3.4 percent. Both reported quarterly results. Signet Jewelers tanked 30.4 percent after reporting a surprise quarterly loss. Shares of HP fell 4% late Tuesday after the company reported fiscal fourth-quarter earnings and sales above expectations. Hewlett Packard Enterprise managed to close out its year with an earnings beat Tuesday, but the company’s forecast for the first quarter of its new fiscal year and Chief Executive Meg Whitman’s impending departure sent shares down more than 5%. Facebook was up more than 1%, but it managed to ...