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Added on the 13/05/2019 16:56:38 - Copyright : Wochit
Lukas Jackson/Reuters US stocks closed mixed on Thursday amid falling jobless claims and new hopes for a stimulus deal. The Nasdaq composite closed at all-time highs, while the S&P 500 lost its record close in the final hour of trading. New weekly claims for unemployment insurance totaled an unadjusted 712,000 for the week that ended Saturday. Economists surveyed by Bloomberg expected a reading of 775,000. Lawmakers warmed up to the $908 billion proposal Democratic leaders embraced on Wednesday, placing new pressure on Senate Majority Leader Mitch McConnell to reach a compromise.
On Friday, US stocks made gains as hopes for a peaceful transition to the Biden administration offset concerns about soaring COVID-19 cases. Business Insider reports S&P 500 closed at a record high. On Thursday Pres. Donald Trump said he'd hand over power when the Electoral College certifies President-elect Joe Biden as the winner of the 2020 election. The US reported 125,082 new coronavirus cases on Thursday. That brought the seven-day average to 163,831, according to the COVID Tracking Project. Deaths topped 254,000, and hospitalizations jumped above 90,000. The stock market's "fear gauge" fell as low as 19.51 on Friday, dropping amid low trading volumes to its lowest level since the pandemic began.
On Friday, US stocks sank after news broke that President Donald Trump and First Lady Melania Trump tested positive for COVID-19. The diagnosis adds more uncertainties to the final month of a presidential race. Business Insider says the news is adding more stress to expected to higher than normal market volatility. Investors also faced off against weakening economic data. US businesses added only 661,000 nonfarm payrolls in September, according to the Bureau of Labor Statistics. Oil futures tumbled below the key support of $40 per barrel. West Texas Intermediate crude sank as much as 5.4%, to $36.63 per barrel.
On Wednesday, US stocks climbed as investors woke up to a disorderly presidential debate. The debate revived concerns of a disputed election result. Premarket futures traded negative until Treasury Secretary Steven Mnuchin told CNBC that he expected to reach a stimulus deal with House Speaker Nancy Pelosi. Business Insider reports that all three major US indexes opened in positive territory. Still, the S&P 500 is on track for its first monthly loss since March. US private firms added 749,000 payrolls last month, handily beating the median economist estimate of 649,000 payrolls.
Deserted streets in Hong Kong as Hong Kong's weather observatory raised its typhoon alert to the highest level at 8:15 pm (1215 GMT) on September 1st, over Super Typhoon Saola, one of the strongest storms to hit southern China in years. IMAGES
Mitsubishi Motors has produced approximately 5.6 million pickup trucks spanning five generations over the 45 years since its first launch in 1978. With a record of sales in 150 countries, the pickup truck is a global strategic vehicle for Mitsubishi Motors. Now in its sixth generation, the all-new Triton is fully redesigned for the first time in nine years. Based on the product concept “Power for Adventure,” all elements of the Triton have been completely reimagined, from the interior and exterior design to the chassis, ladder frame and engine.The key features of the all-new Triton are as described below:A beefed-up body size compared to the previous model, a newly developed ladder frame that provides durability and reliability, and a newly developed engine that achieves both higher output and improved environmental performance A newly developed suspension that provides excellent ride comfort and steering stability, and Super Select 4WD-II system and upgraded drive modes that achieve high road performance A front face with a strong sense of presence and reliability, a wide and robust styling, and a classy interior offering excellent functionality and operabilitySignificantly improved safety and comfort for a wide range of purposes, from business to personal use
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