* MSCI world share index hits highest level since late July. * S&P 500 within striking distance of record. * China to exempt some agricultural products from tariffs -Xinhua. * Bond yields at multi-week highs as recession worries ebb. By Chuck Mikolajczak.
Market laggards have turned to leaders. September is typically the worst month for stocks, but so far the market is proving history wrong. Month-to-date, the Dow Jones Industrial Average has risen 1.9%, the S&P 500 index is up 1.8% and the Nasdaq Composite has advanced 1.5%, but what may be more confidence inspiring are market internals, which show that the September rally is broad based, while investors are turning away from defensive stocks toward cyclical names-- a move that could...
* Trump says potentially open to interim trade deal with China. * August retail sales rise 0.4% vs forecast of 0.2% * Apple (AAPL), Broadcom (AVGO) drag on Nasdaq. * Indexes: Dow up 0.23%, S&P 500 gains 0.12%, Nasdaq off 0.04% By Uday Sampath Kumar.
U.S. stocks edged higher Friday as trade tensions with China appeared to cool, putting major indexes on track for a third consecutive week of gains and within a hair of their records. The Dow Jones Industrial Average rose 0.2%, on track for its eighth straight session of gains. The S&P 500 added 0.1%, and the Nasdaq Composite slipped about 0.1%.
* S&P, Dow opens higher for third straight session. * Trump says potentially open to interim trade deal with China. * August retail sales rise 0.4% vs forecast of 0.2% * Apple, Broadcom (AVGO) drag on Nasdaq. * Dow up 0.11%, S&P 500 flat, Nasdaq off 0.24% By Uday Sampath Kumar.
* MSCI world share index at highest since late July. * S&P 500 within striking distance of record. * China to exempt some agricultural products from tariffs -Xinhua. * Bond yields at multi-week highs as recession worries ebb. By Chuck Mikolajczak.
Choice Hotels International Inc. (CHH) said Friday that it will add 2.3 million shares to what remains of its share repurchase program. In total, the program will include four million shares to repurchase. Choice Hotels (CHH) also announced a dividend of $0.215 per share, paying on October 17, 2019 to stockholders of record as of October 2, 2019. Choice Hotels (CHH) stock has rallied 32.1% for the year to date while the S&P 500 index is up 20.3% for the period.
The Dow Jones Industrial Average edged higher as trade tensions with China appeared to cool further, putting the blue-chip index on track for a third consecutive week of gains and within a hair of its record. The 30- stock index rose 0.2%, on track for its eighth straight session of gains. The S&P 500 added 0.1%, and the Nasdaq Composite slipped less than 0.1%.
- Canada's main stock index hit fresh record high on Friday as growing optimism around U.S.-China trade talks lifted sentiment, while gold miners got a boost from higher price of the bullion.
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