Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

DJ INDUSTRIAL

(DJI)
Real-time Estimate Quote. Real-time Estimate TTMzero - 09/16 05:16:03 pm
34592.06 PTS   -0.64%
11:05aDow Jones Industrial Average : World shares lower as U.S. stocks, oil prices retreat
RE
11:04aFULLER, SMITH & TURNER PLC : Holding(s) in Company
DJ
11:01aPRESS RELEASE : ???????EnviroMetal Technologies -2-
DJ
SummaryQuotesChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

Dow Jones Industrial Average : U.S. stocks slip, dollar has worst week in almost two months

07/30/2021 | 04:32pm EDT
FILE PHOTO:  New York Stock Exchange (NYSE) building after the start of Thursday's trading session in New York

NEW YORK (Reuters) -U.S. stocks dropped on Friday to pull further from record highs as an underwhelming earnings report from Amazon.com Inc dampened the market mood, while the dollar bounced from its lows but still suffered its worst week in nearly two months.

After making record profits during the pandemic, Amazon said late on Thursday that its sales growth would slow in the next few quarters as people ventured outside their homes post-pandemic and reduced online shopping.

Investors sold Amazon stock as the online retailer revenue of $113 billion in the second quarter was $2 billion shy of analysts' forecasts.

Amazon shares slumped 7.6%, dragging the tech-focused Nasdaq Composite down 0.7%. That fed profit-taking elsewhere, with the S&P 500 losing 0.5%. The Dow Jones Industrial Average shed 0.4%. Both the S&P 500 and the Dow struck record highs on Thursday.

"Amazon's weak report and the impact on futures immediately made its impact felt on global markets," said Paul Hickey, co-founder of Bespoke Investment Group, LLC.

But Hickey also said: "Just because investors haven't reacted to the company's recent reports with excitement doesn't mean Amazon has been a poor performer," adding that the shares have climbed 17% in the past year.

Still, Amazon's warning of slowing growth gave investors a reason to cash in profits.

The pan-European STOXX 600 index lost 0.45% and MSCI's gauge of stocks across the world shed 0.74%.

Treasury yields edged lower as investors shied away from higher-risk investments. Data released on Friday showed annual inflation accelerating further above the Federal Reserve's 2% target, but that did not appear to alter investors' bets that the Fed is in no hurry to tighten monetary policy.

Benchmark 10-year Treasury yields retreated to 1.2289%, from 1.269% late on Thursday. The yield on the 2-year note fell to 0.1898%, from 0.201%. [US/]

Currency investors took a slightly different view, betting on Friday that the Fed might not be as dovish as some think.

The dollar, which hit a one-month low on Thursday, bounced following remarks by St. Louis Federal Reserve President James Bullard that the Fed should start reducing its monthly bond purchases this fall.

The dollar index rose 0.275%, and a firmer greenback pushed the euro down 0.23% to $1.1859. [USD/]

For the week, however, the dollar was still down 0.8% against a basket of six major currencies, making this its worst week since May 9.

Oil prices kept their march higher, as investors bet that vaccinations would alleviate the impact of a resurgence in COVID-19 infections across the globe and keep demand growing faster than supply. [O/R]

U.S. crude recently rose 0.18% to $73.75 per barrel and Brent was at $76.33, up 0.37% on the day.

Gold prices, which rose this week on hopes that bullion would be a good hedge against inflation given a dovish Fed, succumbed to slight profit-taking on Friday. A firmer dollar also weighed on the precious metal.

Spot gold dropped 0.8% to $1,813.26 an ounce. U.S. gold futures fell 1.01% to $1,812.70 an ounce. [GOL/]

(Additional reporting by Andrew Galbraith; Editing by Christopher Cushing, Kim Coghill, William Maclean, Timothy Heritage, Joe Bavier, Jane Merriman and Cynthia Osterman)

By Koh Gui Qing


© Reuters 2021
All news about DJ INDUSTRIAL
11:05aDow Jones Industrial Average : World shares lower as U.S. stocks, oil prices ..
RE
11:04aFULLER, SMITH & TURNER PLC : Holding(s) in Company
DJ
11:01aPRESS RELEASE : ???????EnviroMetal Technologies -2-
DJ
11:01aPRESS RELEASE : ???????EnviroMetal Technologies Provides Corporate Update
DJ
10:59aLukoil, Gazprom Neft Create Joint Venture to Develop Siberian Oil and Gas Clu..
DJ
10:46aDeutsche Wohnen SE english
DJ
10:37aDJ INDUSTRIAL : US Natural Gas Stocks Post Larger Gain Than Expected in Week End..
MT
10:31aDJ INDUSTRIAL : US Natural Gas Stocks Rose by 83 Bln Cubic Feet in Week Ended Se..
MT
10:21aSHW AG english
DJ
10:15aConsumer Sentiment Expected to Rise -- Data Week Ahead
DJ
More news
News of the index components DJ INDUSTRIAL
11:12aWALMART.ORG CENTER FOR RACIAL EQUITY : Advancing Equity in Criminal Justice
PU
11:12aCISCO : Building a Custom SecureX Orchestration Workflow for Umbrella
PU
11:12aCISCO : Enhance your Competitive Advantage with Cisco Black Belt Academy
PU
11:12aSALESFORCE COM : and Alibaba Cloud Announce Plans for Social Commerce Product
PU
10:52aMICROSOFT : Financial service firms use tech to nurture a more sustainable plane..
PU
10:45aCISCO : Credit Suisse Upgrades Cisco Systems to Outperform from Neutral After In..
MT
10:22aCISCO : data scientists work with nonprofit partner Replate to improve food reco..
PU
More news
Chart DJ INDUSTRIAL
Duration : Period :
DJ Industrial Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DJ INDUSTRIAL
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Top / Flop DJ INDUSTRIAL
AMERICAN EXPRESS COMPANY 162.35 Real-time Estimate Quote.0.63%
THE HOME DEPOT, INC. 334.785 Real-time Estimate Quote.0.42%
MCDONALD'S CORPORATION 241.15 Real-time Estimate Quote.0.07%
SALESFORCE.COM, INC. 256.3 Real-time Estimate Quote.0.05%
INTEL CORPORATION 54.305 Real-time Estimate Quote.-1.48%
DOW INC. 59.305 Real-time Estimate Quote.-1.49%
THE GOLDMAN SACHS GROUP, INC. 395.835 Real-time Estimate Quote.-1.52%
AMGEN INC. 214.31 Real-time Estimate Quote.-1.75%
THE COCA-COLA COMPANY 54.875 Real-time Estimate Quote.-1.80%
Heatmap :