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Apr82021 by adminNo Comments

Futures rise slightly after S&P 500 hits fresh record

Finance

U.S. stock futures moved higher in overnight trading on Thursday after the S&P 500 notched a fresh record in the regular session.Dow futures rose about 50 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.17%.The major averages rose on Thursday, bolstered by gains in technology stocks. The Dow Jones Industrial Average gained 57 points, helped by a near-2% gain in Apple's stock.The S&P 500 climbed 0.42% and closed at a record high for the second day in a row.The Nasdaq Composite was the relative outperformer, gaining more than 1% as Amazon, Netflix, Microsoft and Google-parent Alphabet all closed higher.Investors largely shrugged off an unexpected jump in jobless claims from last week. The Labor Department reported first-time claims for the week ended April ...

Apr72021 by adminNo Comments

S&P 500 barely strikes record high as Federal Reserve commits to economic recovery

Business

April 7 (UPI) -- The S&P 500 scraped its way to a record close on Wednesday in a mixed day of trading as the Federal Reserve indicated it would remain committed to policies supporting economic recovery. The equity benchmark gained 0.15% to a new closing high of 4,079.95. The Dow Jones Industrial Average rose 16.02 points, or 0.048%, while the Nasdaq Composite dipped slightly to close down 0.07%. Advertisement Markets reacted to minutes from the Fed's March policy meeting where officials indicated the pace of asset purchases is likely to remain the same as the central bank works toward its economic goals. "Participants noted that it would likely be some time until substantial further progress toward the Committee's maximum-employment and price-stability goals would be realized and that...

Apr72021 by adminNo Comments

Iran sets new record for virus infections amid holiday surge

Health

Iran has shattered its daily record for new coronavirus infections for the second consecutive day, with 20,954 new cases reported on WednesdayByThe Associated PressApril 7, 2021, 10:00 AM• 1 min readTEHRAN, Iran -- Iran has shattered its daily record for new coronavirus infections for the second consecutive day, with 20,954 new cases reported on Wednesday.The country is in the midst of one of the most severe surges of the coronavirus to date, following a two-week public holiday for Nowruz, the Persian New Year, which drove millions to travel to vacation spots across the country and congregate in homes in defiance of government health guidelines.For months, Iran has struggled to curb the worst outbreak of the coronavirus in the Middle East. Wednesday's case count brought the total number of...

Apr62021 by adminNo Comments

‘Lazy’ Pierre-Emerick Aubameyang’s poor goal record after signing huge new contract shows Arsenal captain may be ‘another Mesut Ozil’ as Martin Keown calls for Gabriel Martinelli to replace him

Sports

Pierre-Emerick Aubameyang’s struggles in front of goal since signing a whopping £350,000-a-week contract are a big concern for Arsenal. The striker was brought in for a club-record fee of £54million back in January 2018, and he netted 54 Premier League goals in his first two-and-a-half seasons at the Emirates. GETTY Aubameyang was a goalscoring machine at the start of his Arsenal career GETTY But he’s been poor in 2020/21 and not looked the same player His goals helped them win an FA Cup and Community Shield trophy last summer and he bagged himself a Premier League Golden Boot in 2019. This campaign, however, it’s been a different story. The pacy forward has scored only nine league goals this season...

Apr62021 by adminNo Comments

Dow and S&P hit record highs behind tech rally, positive job data

Business

April 5 (UPI) -- U.S. markets hit record highs on Monday amid a continued tech rally and positive job growth data. The Dow Jones Industrial Average climbed 373.98 points, or 1.13%, to a record 33,527.19, while the S&P 500 gained 1.44% to close at a new high of 4,077.91. The Nasdaq Composite also increased 1.67%. Advertisement Google's parent company, Alphabet, helped lead the sustained rise in tech stocks gaining 4.19%, while Facebook increased 3.43%, Microsoft climbed 2.77% and Apple rose 2.36%. Tesla stock also increased 4.43% on Monday while chipmaker intel gained 3.08%. Markets also responded to the Labor Department reporting that the U.S. economy added 916,000 jobs in March, beating many analysts' expectations of about 850,000. Stocks that would benefit from the widespread liftin...