NEW YORK Josh Anderson Blue Jackets Jersey , Oct. 19 (Xinhua) -- U.S. stocks ended mildly higher Monday, as Wall Street pondered over downbeat quarterly earnings reports after China's gross domestic product (GDP) data.
The Dow Jones Industrial Average rose 14.57 points, or 0.08 percent, to 17,230.54. The S&P 500 edged up 0.55 point avid Savard Blue Jackets Jersey ,905.47.
Shares of Morgan Stanley tumbled 4.80 percent to 32.32 U.S. dollars apiece Monday following the release of its lackluster quarterly results.
The bank reported net income for the third quarter 2015 of 1.0 billion dollars on revenues of 7.8 billion dollars, compared with net income of 1.7 billion dollars on revenues of 8.9 billion dollars a year ago.
Hasbro Inc. shares slumped 7.01 percent to 72.33 dollars apiece Monday after the company delivered weaker-than-expected quarterly revenues.
The U.S. toy maker announced that its net revenues for the third quarter 2015 were 1.47 billion dollars, flat with 1.47 billion dollars in the same period of 2014.
Latest data from Thomson Reuters showed that S&P 500 companies' blended earnings in the third quarter of 2015 are expected to decline 3.9 percent year on year, while revenue growth is forecast to decrease 3.7 percent.
On the economic front, U.S. Builder confidence in the market for newly constructed single-family homes rose 3 points in October to a level of 64 Oliver Bjorkstrand Blue Jackets Jersey , its highest since November 2005, according to the National Association of Home BuildersWells Fargo Housing Market Index released Monday.
Overseas, China's economy posted a 6.9-percent growth year on year in the third quarter of 2015, lower than 7 percent in the first half of the year, the National Bureau of Statistics announced Monday.
This is the first time the country's quarterly growth rate has dropped under 7 percent since the second quarter of 2009.
Chinese shares benchmark Shanghai Composite Index edged down 0.14 percent to end at 3 Ryan Murray Blue Jackets Jersey ,386.7 points Monday following the release of the weak GDP figure.
European equities finished mixed on Monday as investors digested the latest economic figures out of China. Germany's benchmark DAX index at Frankfurt Stock Exchange rose 0.59 percent, while British benchmark FTSE 100 Index fell 0.40 percent.
The CBOE Volatility Index, often referred to as Wall Street's fear gauge, fell 0.47 percent to end at 14.98 Monday.
In other markets, oil prices dropped Monday as increasing U.S. dollar made the dollar-priced crude more expensive and less attractive for buyers holding other currencies.
The West Texas Intermediate for November delivery moved down 1.37 dollars to settle at 45.89 dollars a barrel on the New York Mercantile Exchange Sonny Milano Blue Jackets Jersey , while Brent crude for December delivery decreased 1.85 dollars to close at 48.61 dollars a barrel on the London ICE Futures Exchange.
The U.S. dollar increased against the euro on Monday as expectations for more stimulus in Eurozone accumulated before an European Central Bank (ECB) meeting scheduled later this week.
In late New York trading, the euro fell to 1.1326 dollars from 1.1374 dollars in the previous session, while the dollar bought 119.43 Japanese yen, higher than 119.40 yen of the previous session.
Gold futures on the COMEX division of the New York Mercantile Exchange fell Monday, with the most active gold contract for December delivery down 10.30 dollars Cam Atkinson Blue Jackets Jersey , or 0.87 percent, to settle at 1,172.80 dollars per ounce.
Having your own home is a dream come true for most people. Though some people pr
Posted by jfab67 on June 11th, 2016
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