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.
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Lee Jaeyong
Lee
Park Geun-hye
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S&p
Fed
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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.
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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.
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U.S
Wall Street
Erik Davidson
Wells Fargo Private Bank
Standard & Poor
National Association of Realtors
LGI Homes
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