Dow Jones Industrial Average News - UK

Green zone: Dow Jones is rising again

Green zone: Dow Jones is rising again
US stock indexes finished Wednesday on a positive. Standard & Poor's 500 increased by 21.54 points (0.72%), amounting to 3000.93 points on September 11. The Nasdaq Composite value increased by 85.52 points (1.06%) - up to 8169.68 points. The Dow Jones Industrial Average index increased by 227.61 points (0.85%) - up to 27137.04 points.
At the same time, the Dow Jones Industrial Average will finish in positive territory for the 6th day in a row, which has not happened since June 10. Besides, for the first time since July, it exceeded the mark of 27,000 points, and Standard & Poor's 500 rose above the level of 3,000 points for the first time in 6 weeks, according to MarketWatch.
The Russell 2000 Small Capitalization Companies Index rose 2.1%, increasing the rise from the start of the week to 4.6%. The S&P 500 added just 0.5% since last Friday.
GameStop Corp Securities Price (NYSE: GME). collapsed by 9.8% after a video game retailer reported a loss of more than $ 400 million last quarter. At the same time, revenue and adjusted earnings fell short of analysts' forecasts.
Cost of Inc (NASDAQ: AMZN) rose by 0.1%. The US Federal Trade Commission (FTC) has launched a survey of representatives of small companies that sell products on the Amazon platform to determine whether the e-commerce giant uses its market power to infringe on its competitors.
Securities of Apple Inc. (NASDAQ: AAPL) added 3.2%. A day earlier, the company introduced three new iPhone models, including cheaper ones, and talked about plans to enter the video streaming market, where it will offer a subscription at attractive prices for customers. Apple seeks to offset the slowdown in sales of its devices by expanding its offer of new services, including streaming TV and video games.
Quotes of Taxi order services, such as Uber Technologies Inc. and Lyft Inc. increased by 1.5% and 2.4%, respectively. The Senate of the US state of California approved a bill that could oblige companies in the so-called gig economy to consider independent workers their employees.
Granting independent employee status to company employees and compensation payments will increase Uber and Lyft expenses per driver by $ 2-3.6 thousand per year, according to a study by Barclays Plc (LON: BARC) and Macquarie Capital.
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Daily Market Overview 4 October 2018

Daily Market Overview 4 October 2018
After reaching a two-week low of 1.1463 dollars, the euro recovered a ruble amount of 1.15 dollars and last year was trading at 1.1516 dollars. Against 1.1480 dollars at the end of Wednesday in New York, which is 0, 3% more. The yield on a ten-year German government bond is trading above 0.5%. The ICE Dollar Index was trading at 95.76.
Wall Street
Dow Jones recorded a record decline in 2 months, the Nasdaq fell 1.8%, and the S&P 500 fell by more than 0.8%. The technical sector has shown a slowdown since Facebook, Amazon, Alphabet (Google) and Netflix each recorded losses of at least 2%.
Bitcoin fell below 1%, exceeding the mark of 6500 dollars, while XRP recorded the greatest losses among all 10 main cryptocurrencies, dropping by more than 3.6%. EOS surpassed this trend, who registered profits.
Markets in the East followed the lead of Wall Street, as the Nikkei, Hang Seng, and China50 indices recorded losses. Banks in China remain closed due to a national holiday.
Oil prices rebounded from Iran’s sanctions
Yesterday, oil dropped from a 4-year high, after reports appeared that OPEC members and Russia would increase oil production.
Google launches Project Stream beta
Google is testing a new streaming service that will allow any PC to stream high-quality video games if they have a 25 Mbps Internet connection. The first game tested in the USA is Assassin's Creed: Odyssey.
Europe opens mixed
While FTSE opened 16 points higher, DAX and CAC opened almost smoothly.
Read more:
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