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Wall Street closes at record high, drove by banks; Apple weighs

collected by :Ros Roger

Wall Street closes at record high, drove by banks; Apple weighs “A lot of it is the realization that the latest hurricane wasn’t as devastating in the U.S. as people feared,” said Tim Ghriskey, chief investment officer of Solaris Asset Management in New York.
While some investors cited worries about whether Apple would face supply shortages, others said traders were just taking profits.
Financials (.SPSY), the biggest upward driver on the S&P, rose 1.2 percent, helped by a 1.8 percent jump in the bank subsector (.SPXBK).
Advancing issues outnumbered declining ones on the NYSE by a 1.71-to-1 ratio; on Nasdaq, a 1.70-to-1 ratio favored advancers.
About 5.91 billion shares changed hands on U.S. exchanges, above the 5.79 billion 20-day average.

Asian stocks mostly higher after Wall Street record highs

Asian stocks mostly higher after Wall Street record highsPhoto: Mark Lennihan, AP Image 1 of / 1 Caption Close Image 1 of 1 FILE – This Monday, July 6, 2015, file photo shows a sign for Wall Street carved into the side of a building in New York.
less FILE – This Monday, July 6, 2015, file photo shows a sign for Wall Street carved into the side of a building in New York.
U.S. stocks continue to rise early Tuesday, Sept. 12, 2017, as banks move higher along … more Photo: Mark Lennihan, AP Asian stocks mostly higher after Wall Street record highs 1 / 1 Back to GalleryBEIJING (AP) — Most Asian stock markets were higher Wednesday after U.S. shares rose on encouraging jobs data while worries about North Korea and twin hurricane disasters eased.
WALL STREET: Banks rose for a second day and retailers gained after the Labor Department said numbers of job openings and new hires both grew in July.
The Dow Jones industrial average gained 0.3 percent to 22,118.86, a fraction of a point higher than its previous record.
 Wall Street

Wall Street ends at record high, led by banks; Apple weighs

as mentioned in (Reuters) – The major Wall Street indexes hit record closing highs on Tuesday, with financial stocks leading the charge, but gains were stunted by a decline in Apple Inc (AAPL.O) shares after it unveiled its latest line of iPhones.
“A lot of it is the realization that the latest hurricane wasn’t as devastating in the U.S. as people feared,” said Tim Ghriskey, chief investment officer of Solaris Asset Management in New York.
While some investors cited worries about whether Apple would face supply shortages, others said traders were just taking profits.
Financials .SPSY, the biggest upward driver on the S&P, rose 1.2 percent, helped by a 1.8 percent jump in the bank subsector .SPXBK.
Advancing issues outnumbered declining ones on the NYSE by a 1.71-to-1 ratio; on Nasdaq, a 1.70-to-1 ratio favored advancers.

 

 

 

 

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