By Alexander Bueso
Date: Sunday 01 Oct 2017
LONDON (ShareCast) - (ShareCast News) - Wall Street's main market gauges finished the session on an up note, with the S&P 500 and Nasdaq Composite hitting fresh record highs and the former notching up an eighth consecutive quarterly advance.
By the closing bell, the Dow Industrials was ahead by 0.11% or 23.89 points at 22,405.09, alongside a 0.66% or 42.51 point gain in the Nasdaq Composite to 6,495.96 and a rise of 0.37% or 9.30 points for the S&P 500 to 2,519.36.
Significantly, reports that President Donald Trump might be set to nominate Kevin Warsh to the top post at the country's central bank saw bank shares gain, given his views on deregulation, and Treasury note yields move higher.
From a sector standpoint the biggest gains were seen in the following industrial groups: Coal (2.85%), Transportation (1.46%) and Toys (1.41%).
In parallel, the yield on the 10-year US Treasury note was advanced three basis points to 2.33% despite a weak reading on a key inflation gauge.
That saw the KBW bank sector index advance 0.59% to 99.26.
The headline rate for the US personal consumption deflator printed at 1.4% year-on-year for August (consensus: 1.5%) even as the 'core' PCE rate slipped from 1.4% to 1.3%.
On a more positive note, personal consumption expenditures rose by 0.2% month-on-month, as expected, the Commerce Department also reported.
Meanwhile, consumer confidence retreated a tad more than forecast in September, according to the University of Michigan.
The university's widely-followed confidence gauge was revised lower, from a preliminary reading of 95.3 to 95.1. Nevertheless, the key sub-index linked to consumer expectations was marked up from 83.4 to 84.4.
Also on the economic front, MNI's regional Chicago manufacturing purchasing managers' index jumped from a reading of 58.9 for August to 65.2 for September - its strongest reading in 29 years.
In corporate news, Amazon was in focus after Whole Foods said late on Thursday that hackers tried to steal data from its credit-card swiping machines.
Elsewhere, shares of Tyson Foods surged after the company lifted its outlook on Thursday and announced a restructuring plan.
Dow Jones - Risers
Cisco Systems Inc. (CSCO) $33.63 0.84%
Microsoft Corp. (MSFT) $74.49 0.84%
Home Depot Inc. (HD) $163.57 0.74%
Goldman Sachs Group Inc. (GS) $237.20 0.73%
Intel Corp. (INTC) $38.08 0.66%
Visa Inc. (V) $105.24 0.63%
Apple Inc. (AAPL) $154.12 0.55%
Walt Disney Co. (DIS) $98.57 0.53%
Johnson & Johnson (JNJ) $129.97 0.42%
American Express Co. (AXP) $90.46 0.36%
Dow Jones - Fallers
Nike Inc. (NKE) $51.83 -1.48%
Wal-Mart Stores Inc. (WMT) $78.14 -1.03%
McDonald's Corp. (MCD) $156.45 -0.51%
Caterpillar Inc. (CAT) $124.71 -0.42%
Merck & Co. Inc. (MRK) $64.03 -0.40%
International Business Machines Corp. (IBM) $144.97 -0.40%
Exxon Mobil Corp. (XOM) $81.98 -0.26%
General Electric Co. (GE) $24.18 -0.25%
Travelers Company Inc. (TRV) $122.52 -0.23%
Unitedhealth Group Inc. (UNH) $195.81 -0.13%
S&P 500 - Risers
Tyson Foods Inc. (TSN) $70.43 7.64%
Endo International Plc (ENDP) $8.56 5.09%
Micron Technology Inc. (MU) $39.33 3.61%
Mallinckrodt Plc Ordinary Shares (MNK) $37.38 3.40%
Wynn Resorts Ltd. (WYNN) $148.92 3.14%
Mattel Inc. (MAT) $15.48 3.13%
Tenet Healthcare Corp. (THC) $16.42 3.07%
Applied Materials Inc. (AMAT) $52.09 2.90%
Amphenol Corp. (APH) $84.64 2.87%
NRG Energy Inc. (NRG) $25.59 2.77%
S&P 500 - Fallers
SCANA Corp. (SCG) $48.49 -4.90%
Frontier Communications Co. (FTR) $11.79 -4.22%
H&R Block Inc. (HRB) $26.47 -2.79%
Chipotle Mexican Grill Inc. (CMG) $307.83 -2.75%
Freeport-McMoRan Inc (FCX) $14.03 -2.64%
GGP Inc (GGP) $20.77 -2.40%
L Brands Inc (LB) $41.59 -2.19%
Harley-Davidson Inc. (HOG) $48.20 -1.91%
Xerox Corp. (XRX) $33.29 -1.68%
CenturyLink Inc. (CTL) $18.90 -1.61%
Nasdaq 100 - Risers
Micron Technology Inc. (MU) $39.33 3.61%
Incyte Corp. (INCY) $116.74 3.18%
Wynn Resorts Ltd. (WYNN) $148.92 3.14%
Mattel Inc. (MAT) $15.48 3.13%
Applied Materials Inc. (AMAT) $52.09 2.90%
Regeneron Pharmaceuticals Inc. (REGN) $447.12 2.76%
Baidu Inc. (BIDU) $247.69 2.66%
NetEase Inc. Ads (NTES) $263.81 2.51%
Dish Network Corp. (DISH) $54.23 2.30%
Liberty Global plc Series A (LBTYA) $33.91 2.23%
Nasdaq 100 - Fallers
Starbucks Corp. (SBUX) $53.71 -1.45%
Mercadolibre Inc. (MELI) $258.93 -1.17%
JD.com, Inc. (JD) $38.20 -1.16%
Twenty-First Century Fox Inc Class B (FOX) $25.79 -0.85%
Symantec Corp. (SYMC) $32.81 -0.79%
Twenty-First Century Fox Inc Class A (FOXA) $26.38 -0.68%
Kraft Heinz Co. (KHC) $77.55 -0.54%
Paychex Inc. (PAYX) $59.96 -0.50%
Discovery Communications Inc. Class A (DISCA) $21.29 -0.47%
T-Mobile Us, Inc. (TMUS) $61.66 -0.42%
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Currency | US Dollars |
Share Price | $ 63.78 |
Change Today | $ 0.01 |
% Change | 0.02 % |
52 Week High | $65.87 |
52 Week Low | $46.84 |
Volume | 3,867,059 |
Shares Issued | 356.00m |
Market Cap | $22,706m |
RiskGrade | 140 |
Strong Buy | 1 |
Buy | 2 |
Neutral | 7 |
Sell | 1 |
Strong Sell | 0 |
Total | 11 |
Time | Volume / Share Price |
16:00 | 1,753,683 @ $63.78 |
15:59 | 500 @ $63.78 |
15:59 | 100 @ $63.79 |
15:59 | 2,700 @ $63.79 |
15:59 | 100 @ $63.80 |
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