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Added on the 01/03/2018 17:06:39 - Copyright : Wochit
The New York Stock Exchange opening bell rings as US stocks surge higher, with all three major indices breaking records after Pfizer announced that its vaccine was 90 percent effective in protecting against Covid-19 infections. IMAGES
New York's securities industry notched its largest first-half profit since 2009 due to sharp increases in trading and underwriting activity, New York State Comptroller Thomas DiNapoli said in a Thursday report. Pretax profits through the first six months of the year surged 82% to $27.6 billion. Underwriting revenues hit a record of $10.4 billion in the second quarter. The first-half performance suggests the securities industry "will be markedly profitable for the year, barring any further unforeseen events," DiNapoli said.
The Dow Jones Industrial Average broke above 20,000 points at the New York Stock Exchange for the first time Wednesday morning, setting a new record on Wall Street. The second-oldest stock market index in the US nearly reached this landmark on two previous occasions before reaching the once evasive mark at the opening bell. At the trading day's closing bell, the index had set a record high of 20,068. The DJIA, also known as the Dow 30, measures the performance of the 30 largest publicly owned companies trading in the US. Apple, Goldman Sachs and ExxonMobil are among some of those companies.
U.S. stocks slipped on Thursday led by falls in financial shares and following weak Chinese economic data, but a late-day rebound in oil prices limited the day's decline. Roselle Chen reports.
Financial and utilities stocks led Wall Street lower on the first day of the last quarter. Fred Katayama reports.
Nominations for the MTV Movie Awards hosted by Conan O'Brien include Jennifer Lawrence, Lupita Nyong'o, Leonardo DiCaprio, Matthew McConaughey, Jennifer Aniston, Sandra Bullock, Amy Adams, Chiwetel Ejiofor, Josh Hutcherson and Bradley Cooper.
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