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.

El Nino has contributed to higher Carbon Dioxide levels
The research team of OCO-2 said that emission of carbon was in excess during the 2015-2016 El Niño , Los Angeles Times reported. It should be noted that emissions of carbon dioxide due to anthropogenic factors has remained at the same level.

Analyst Research and Ratings: Matson, Inc. (MATX), Summit Midstream Partners, LP (SMLP)
Looking at some alternate time periods, the 12 month price index is 1.05858, the 24 month is 1.10808, and the 36 month is 1.03813. The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital.

Advanced Micro Devices Incorporated (NASDAQ:AMD) Sellers Increased By 0.91% Their Shorts
The institutional investor bought 21,750 shares of the semiconductor manufacturer's stock, valued at approximately $265,000. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share.

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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