USA stocks end weak quarter on upbeat note

02 April, 2018, 11:03 | Author: Regina Lloyd
  • Wall Street ends week higher but posts monthly loss

The market is coming off a two-day losing streak and is on course to end the month with a loss.

The Dow is down 2.5 percent for the year, while the S&P 500 is off 1.2 percent.

The tech-rich Nasdaq Composite Index, after two bruising sessions, gained 114.22 points (1.64 per cent) to close the week at 7,063.45.

The benchmark Dow Jones Industrial Average ended essentially flat, down less than a tenth of a percentage point at 23 848.42, but the broader S&P 500 fell 0.3 percent to 2 605.00.

All three major US indexes ended the day in negative territory following Tuesday's late-session tech-driven sell-off following Monday's rally as traders moved to defensive stocks after recent weeks' heightened volatility.

us stock markets will be closed on Friday due to the Good Friday holiday.

Despite Thursday's gains, the Dow and S&P 500 finished with losses for the quarter. On the Nasdaq, 2,152 issues rose and 716 fell.

The year started strong, but early gains evaporated as the markets entered a correction over interest rate jitters, fears of an escalating import tariff dispute between the United States and China, and a selloff in the tech sector.

After years of slow and steady growth and a roaring start to 2018, the market plunged in early February, marking its first 10 percent drop in two years.

"People should expect what's happening given the kind of volatility we've seen as well as the fact that we're kind of in a news vacuum prior to quarterly earnings", Chuck Carlson, chief executive at Horizon Investment Services in Hammond, Indiana, said.

Shares of Facebook rose 4.4 percent, while Apple, Netflix and Alphabet also closed higher.

Facebook was among the gainers, its shares adding 4.4 percent.

Even with the roller-coaster ride that technology stocks have been on lately, the sector is up 3.2 percent this year, while most other sectors are in the red.

Wall Street's main indexes were set to open higher on Thursday as beaten-down technology stocks posted slim gains in a roller-coaster week for Wall Street.


  • South Korea 'confused' over Trump's trade remarks

    South Korea 'confused' over Trump's trade remarks

    On Thursday, however, President Trump said he may hold up the agreement until a deal is reached with North Korea. American officials have been reaching out to the North Koreans in hopes of hearing directly from them about Mr.
    Mini goes back to the future for NY

    Mini goes back to the future for NY

    The fully-electric production vehicle is now being developed, and is set to hit the roads in 2019. As such, an all-new Mini created to be electric from day one, below, will arrive in 2019.
    North and South Korean leaders to meet on April 27

    North and South Korean leaders to meet on April 27

    Following morning talks, the two delegations held another meeting between 1235 and 1257 KST - which Cho and Ri did not attend.
  • Astros' Keuchel gives up 5 hits in 5-1 loss to Rangers

    Astros' Keuchel gives up 5 hits in 5-1 loss to Rangers

    He made four starts against Texas in 2017 and put together a 3-1 record against the Rangers with a 2.92 ERA and 29 strikeouts. Now that's a celebration from the World Series champs Who were you rooting for, the Houston Astros or the Texas Rangers?
    Poulter leads in Houston, eyes Masters ticket

    Poulter leads in Houston, eyes Masters ticket

    Every Masters spot is spoken for except one, which is reserved for the Houston Open victor should he not otherwise be qualified.
    Ransomware Attack Hits Multiple Atlanta Government IT Systems

    Ransomware Attack Hits Multiple Atlanta Government IT Systems

    The Department of Watershed Management was unable to accept bill payments online or in person or process new water meter sales. She said she told members of that team to pace themselves, describing the situation as a marathon rather than a sprint.
  • IOS 11.3 Features: Check Battery Capacity, Access Health Records & More

    IOS 11.3 Features: Check Battery Capacity, Access Health Records & More

    This should be a quick way to get in touch, letting you ask questions or even buy things (using Apple Pay ) right from Messages . These additions have been a part of 11.3 beta releases for a while, and now brings the total number of Animoji up to 16.
    El-Sisi leads Egypt presidential election

    El-Sisi leads Egypt presidential election

    Saadia Ali, a housewife and mother of five, said she came because she hopes things get better. Voting stations opened on Monday and closed yesterday to elect the country's next president.
    Google Street View Won't Be Available In India

    Google Street View Won't Be Available In India

    It can also be used to enable Internet of Things (IoT) devices, including TVs, cars, and robots, to talk back to users. New language options will be available in the Google Maps app on both Android and iOS , as well as to desktop users.
  • Baton Rouge police fire officer who killed Alton Sterling

    Baton Rouge police fire officer who killed Alton Sterling

    Salamoni knows he probably can't return to the Baton Rouge police force but wants to prove he did nothing wrong, his lawyer said. Video and audio recordings from the fatal incident reveal a disturbing struggle between Sterling and the two officers.
    Red Sox bullpen blows lead, Rays rally for 6-4 win

    Red Sox bullpen blows lead, Rays rally for 6-4 win

    Bogaerts was doubled off of first base on a fly ball to right, and Mookie Betts was picked off first by the Rays catcher. Nunez ran all the way around for an electrifying inside-the-park home run, diving headfirst to complete the play.
    British PM aims for national unity, one year from Brexit

    British PM aims for national unity, one year from Brexit

    One survey this week recorded a 53%-47% lead for continued European Union membership. The prime minister wants us to know everything is fine, though.


Messi rescues unbeaten Barca as Bale double propels Real
Girona's hopes of Europa League qualification took a knock after they were held to a 1-1 draw by struggling Levante. Barcelona are running away with the Spanish league this year in Ernesto Valverde's first year in charge.

Overwatch's 'Uprising' event returns in April
Blackwatch was the covert operations arm of Overwatch before it was shut down and suspended for suspicious activity. Blizzard has announced a new series of events dedicated towards Overwatch fans, and especially cosplayers.

Joshua v Parker: How Twitter reacted to the Cardiff fight night
And that only means one thing: Becoming undisputed champion by beating big-punching American Deontay Wilder, the WBC champion. Thank you all for the opportunity. "I'm fit to go 12 rounds, thanks to all the New Zealanders here and back home", he added.

Doctors Don't Know Why This Synthetic Pot Is Making People's Eyes Bleed
Melissa Millewich, an emergency room physician at Advocate Good Samaritan Hospital in Downers Grove, told the Chicago Tribune . IL health officials have issued a warning about a disturbing new symptom of synthetic marijuana: severe bleeding.

No joke! All about April Fool's Day
While Chaucer probably meant 32 days after March (May 2), many readers seemingly took the line to mean March 32 - or April 1. There is no consensus or certainty over where April Fools' Day originated from, leaving the day shrouded in mystery.

Arsenal legend David Seaman makes huge Jack Wilshere prediction
Wilshere then got loaned to AFC Bournemouth , despite being a quality player. "I have got three months left on my contract", Wilshere told Sky Sports .

Hunt Easter eggs in Tama Today
The Women's Ministry and other church volunteers have created sensory eggs with tassels, jewels and pom-pons attached. The event will be free but donations are being accepted and can be sent to New Covenant Church, 3304 Pearl St.

ICICI Bank (IBN) Getting Somewhat Favorable Media Coverage, Analysis Shows
The stock has performed -3.01% over the last seven days, -11.30% over the last thirty, and -11.21% over the last three months. Business analysts often refer to net income to as the bottom line, since it is listed at the bottom of the income statement.

Stephens And Ostapenko Reach Miami Open Final
However, Williams only won one more game in the match as the 24-year-old Collins ran out the victor . The veteran American tennis star lost 6-2 6-3 in the quarter-finals match.

'Ready Player One' Scores $3.75 Million In Wednesday Night Previews
I loved all the Easter eggs or hidden, unexpected bonuses that weren't featured as a main characteristic of a medium. More than that, Ready Player One is a throwback to the popcorn-peddling, fun, thrill-ride of movies from the 80s.