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Sun Journal in New Bern, North Carolina

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Sun Journal

Location

New Bern, North Carolina, United States of America

Date

Dec 28, 2017

Page

5

Market Watch and Headlines Mixed on Economic Signals

Dow industrials cling to gains as utilities rise on lower bond yields. American Water Works up to 90.84, Callaway Golf down to 14.02 after investing 20 million in Topgolf. November pending home sales up 0.2 percent to 109.5 as housing cools. Consumer confidence slips to 122.1 in December, lowest since 2016 but current conditions at highs unseen since 2001. Samsung heir Lee Jae yong faces 12-year term on bribery appeals as court dates set for February 5 by Seoul High Court.

American Water Works Co Callaway Golf Co Topgolf Conference Board Business Research Group Samsung Lee Jaeyong Lee Park Geun-hye Park Seoul High Court South Korea Yonhap News Agency S&p Fed Wilshire Russell

Wall Street posts record year with broad gains in 2017

Major indexes rose sharply led by Apple and Facebook as corporate earnings climbed. The S&P 500 neared a 20 percent year rise with 62 record highs, while the Dow topped 24,000 after a tax overhaul boosted profits. Overseas markets also advanced with Europe and Asia rallying.

Wall Street Apple Facebook Standard & Poor Quincy Krosby Prudential Financial U.S Trump Congress Energy

Quiet Gains on Wall Street as Stocks Edge Higher

U S stock indexes drifted up slightly in a thin session led by technology health care and industrials while homebuilder shares gained after a small uptick in pending home sales. Energy and retailers dragged. bond yields fell as consumer confidence dipped. LGI Homes jumped 3.4 percent on the day.

U.S Wall Street Erik Davidson Wells Fargo Private Bank Standard & Poor National Association of Realtors LGI Homes

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