Market Watch and Movers Highlight Global Economics
Dow closes near 24 747 as S and P Core Logic Case Shiller shows national home prices rising 6 percent in October. Sucampo agreed to be bought by Mallinckrodt for 18 dollars a share. Apple expects iPhone X sales below forecast. Egypt's EGX 30 up 19 percent in 2017 aided by reforms. Lactalis faces probe over tainted baby milk recalled in France.
MENTIONED IN THIS ARTICLE
Sucampo Pharmaceuticals Inc
Mallinckrodt
Apple Inc
Apple
U.S
Standard & Poor's
S&p
Seattle
Paris
Lactalis
Craon
France
Egypt
Mohamed Farid
Farid
Atat Inc
Aflac Inc Afl
Philip Morris
Bop N Caro
Citz Besh Anc
ProShs Ultra S&ps00
PowerShs Qqq Trust
Altria Group
Ford Motor Eal
Procter & Gamble
Axp
Freds Inc
Prudential
Gen Electric
HP Inc
Ralph Lauren Corp
Pra Pea Wid
Harley Davidson
Red Hat
Ic Rhane Labootoaies
America
iShares Rus
Royal Bk Cda
iShs U.S. Real
Spor S&psoc
Sirius XM
Hidgs Inc
Cocacol Ko
Peohyrngn Chanese
State Street Corp i
Johnson & d
Terex Corp Twx
Lasses
Ior i
MGM Resorts
Vericel Corp . Si
Oltr cD CO
Jomo Research Fment Corp
Orcintentnnnell
Tax overhaul boosts corporate profits and rewards retailers
A new tax law cuts the corporate rate to 21 percent and taxes overseas profits at a one time 15.5 percent rate for cash held earnings. It promises gains for manufacturers retailers and finance firms with Wells Fargo pegged to see about 18 percent earnings rise in 2018 while retailers may boost investments in e commerce and technology.
MENTIONED IN THIS ARTICLE
Washington
Wells Fargo
Donald Trump
Martin Sullivan
U.S
University of Pennsylvania
Penn Wharton
America
Matthew
National Retail Federation
Shay
United States
Goldman
Apple
Google
Alphabet Inc
Moody's Investors Service
Birmingham
Ala
Dave Martinat
D Press
Wall Street ends light Christmas week with small losses
A quiet trading day on Wall Street saw major indices slip marginally as losses from tech giants weighed on sentiment. Apple fell about 2.5 percent amid sales target doubts for its iPhone, dragging the Nasdaq and other big names lower. the Dow and S&P 500 edged down.
MENTIONED IN THIS ARTICLE
Wall Street
Apple
Tom Martin
Global Investments
Standard & Poor
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