Fifth Wall Street profit day

Fifth Wall Street profit day

World February 15, 2018 21:18

- The dollar index lost 0.4% to a three-year low, while US WTI oil rose 1.7% in value.

The Dow-Jones index recorded 0.6 percent higher at 25.033 points (Dutch time) around 19.30. The broad S \u0026 P 500 also gained 0.6 percent, at 2714 points, and technology counselor Nasdaq won 1 percent, up to 7211 points.

In the field of macroeconomic figures, there was an update on US benefit claims, among other things. There were also new data on producer prices and industrial production.

Producer of network equipment Cisco Systems went up 4 percent. The figures of the amount were better than expected, despite a large loss due to US tax reforms. Cisco said it would buy another $ 25 billion of its own shares.

Producer of network equipment Cisco Systems rose almost 4 percent. Company figures were better than expected, despite a major loss from US tax reforms. Cisco said it would buy another $ 25 billion of its own shares.

TripAdvisorOnlinereisbureau TripAdvisor received 4 percent of the stock market value because of better than expected earnings and expectations. Cosmetic vendor Avon Products also published results. They were also well received, with a price gain of more than 9 percent.

Furthermore, the Israeli pharmaceutical company Teva, registered in New York, made a jump of 8 percent. The well-known investor Warren Buffett has taken an interest of 350 million dollars in the pharmaceutical company, which is in financial difficulties.

There was also some takeover news. Chemical company LyondellBasell (minus 1.7 percent) takes over the company A. Schulman for more than 2.2 billion dollars. The price of that supplier of raw materials for plastic rose by 10.5 percent.

Halliburton was a striking loser. Investors lowered the oil service provider by more than 2 percent, because CEO Chris Weber said that delays in the supply of sand are likely to have an impact on earnings for the first quarter. Sand is used in the extraction of shale oil.

The euro was worth 1.2494 dollars against 1.2489 dollars at the European final earlier in the day. The price of a barrel of US crude oil fell 0.3 percent to $ 60.45. Brent oil cost 0.8 percent less at $ 63.87 per barrel.

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