Dow stays near record high, European shares end mixed - News Summed Up

Dow stays near record high, European shares end mixed


"The market is anticipating that the ECB highlights some kind of inclination towards lower for longer, and that's supportive for equities," said Pierre Bose, head of European equity strategy at Credit Suisse. "If they were a bit more hawkish that could take a bit of the steam out of the rally we've seen. The Peoria, Illinois company expects revenue in its construction business to surge about 20 percent and its mining business to jump 30 percent. Hopes for the passage of a tax cut plan also buoyed the greenback.Spot gold dropped 0.4 percent to $1,276.63 an ounce, remaining near a two-week low.U.S. crude rose 1.1 percent to $52.47 per barrel and Brent was last at $58.30, up 1.62 percent.


Source: Egypt Today October 24, 2017 18:45 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */