Dow, S&P 500 Poised For 5th Straight Weekly Gain; Steel Names Rise

Dow, S&P 500 Poised For 5th Straight Weekly Gain; Steel Names Rise

The Nasdaq gained 14.29 (+0.22 percent) to close at 6,605.80, while the S&P 500 finished at 2,553.17, up 2.24 (+0.09 percent) from its open.

US stock indexes retreated from their record highs on Thursday as retailers and media companies declined and investors shrugged at quarterly reports from a few big banks.

Citigroup also reported better-than-expected earnings.

Meanwhile, shares of Equifax declined 1.53 percent after the company said it is investigating another possible cyberbreach. The Nasdaq Composite Index decreased 12.04 points, or 0.18 percent, to 6,591.51.

The Dow Jones Industrial Average climbed 30.71 (+0.13 percent) to finish at 22,871.72.

Indian fans apologise for Australian cricket team's shattered bus window
The incident occurred after Australia had defeated India by eight wickets at the newly built stadium to level the three-match T20I series 1-1.

NNPC Scandal: I only approved financing loans not contracts - Osinbajo
There have been speculations that the President gave approvals for the two contracts on his sick bed in London. Maikanti Baru, to order over their public exchanges on the running of the country's petroleum affairs.

US Consumer Prices Rise 0.5% In September, Slightly Less Than Expected
The pan-European FTSEurofirst 300 index rose 0.01 percent and MSCI's gauge of stocks across the globe gained 0.04 percent. Benchmark 10-year notes were last up 7/32 in price to yield 2.3195 percent, from 2.345 percent late on Wednesday.

The Nasdaq is up 1,208.39 points, or 22.4 percent.

US indexes were lower as investors watched third-quarter bank earnings. The consumer price index rose 0.6 percent last month, below the expected gain of 0.7 percent. J&J rose about 2 percent after Jefferies upgraded the stock to "buy", saying the company's pharma division would help it top analysts' profit estimates. The Russell 2000 index of smaller-company stocks edged down 1.08 points, or 0.1%, to 1,506.92.

Centene (CNC.N) sank 3.3 percent, Molina Healthcare (MOH.N) dropped 3.4 percent and Anthem (ANTM.N) fell 3.1 percent.

Major stock indexes held modest gains Friday afternoon, with the Dow Jones industrial average and S&P 500 poised for their fifth straight weekly price gain. The Dow Jones Small-Cap Value TSM Index closed at 10,069.27 for a loss of 4.22 points or 0.04%.

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