US stock indexes mostly down in afternoon trading; oil rises
USA crude settled up 1.7 per cent at US$50.35 a barrel. That represented an improvement on a year earlier when it posted a loss of US$238mln, or 45 cents a share. CIBC said it offered about US$4.9 billion in cash and stock, up from the earlier US$3.8 billion offer.
Elsewhere in the financial sector, Toronto-Dominion Bank's chief executive officer told shareholders at the bank's annual meeting that it does not have a "widespread problem" with its sales practices, responding to a report staffers were pressured to meet targets.
Seven of the 11 major S&P sectors were higher, with the energy index's 0.51 percent rise leading the advancers.
That's the smallest average since the fourth quarter of 1965, when Lyndon B. Johnson was the USA president.
Stripping out one-off items, the company's earnings per share this time round were positive at four cents; analysts who follow the stock had expected earnings per share to be on or around zero.
US stock indexes edged higher in early trading Thursday as investors weighed the latest batch of company earnings, deal news and economic data. NASDAQ 100 index gained 9.47 points or 0.17 percent to close at 5,439.74.
The report said real GDP climbed by 2.1 percent in the fourth quarter compared to the previously reported 1.9 percent increase. Exxon Mobil slid $1.65, or 2 percent, to $82.05.
That rally stalled recently as investors assessed the impact of Republicans' failure to pass a healthcare bill on tax reform and the rest of Trump's economic agenda.
Arsene Wenger reveals Arsenal transfer plans for the summer
" I personally believe that both of them want to stay and I hope that the club will find an agreement with them ", Wenger said. As a further boost, Jesus is expected to return to the squad before the end of the season.
Under Pulis, West Brom set for best Premier League season
West Brom will also bring confidence in to the fixture after the thrilling 3-1 home win against Arsenal in their last outing. Rashford has scored three goals and has made one assist in 22 games in the Premier League this season under Jose Mourinho .
Malaysia-North Korea ties not severed
A van believed to be carrying the body of Kim Jong Nam , leaves the Kuala Lumpur Hospital in Kuala Lumpur , Malaysia. Japan's NHK News reports that they visited North Korea's embassy in Beijing before continuing on to Pyongyang.
"It's not just the USA economy, but we do see definitely improvement throughout the world", Cavanaugh said.
The Dow Jones Industrial Average edged up 69.17 points, or 0.3%, to settle at 20,728.49. In February, the Dow closed at an all-time high for a record-setting 12 days straight. May Brent crude on London's ICE Futures exchange rose 54 cents, or 1%, to $52.96, with the contract set to expire at Friday's settlement.
Utilities stocks, which are commonly viewed as a defensive play, rose 0.3%.
Canada's two biggest rail operators also dragged, with Canadian Pacific Railway slipping 0.7 per cent to $196.02 and Canadian National Railway off 0.3 per cent to $98.92. First-quarter earnings for S&P 500 companies are expected to rise 10.1 percent, according to Thomson Reuters I/B/E/S.
Traders cheered several corporate deals.
The market will be looking at quarterly earnings to see if the lofty valuations can be supported. This is based on the trend seen during the mid-day of trading session.
On the other hand, gold stocks have shown a notable move to the downside, dragging the NYSE Arca Gold Bugs Index down by 1%.
Alex Rodriguez, Jennifer Lopez Really Are Dating; Ex-Yankee Confirms Relationship
Lo watched the baseball legend play in a Subway Series game between the Yankees and Mets at Shea Stadium in Queens. When prodded about the relationship, the former Yankees player admitted, "It's obvious".
Joss Whedon's making a Batgirl movie
Fan favorite Whedon, of course, is known for creating "Buffy the Vampire Slayer", " Angel ", " Firefly " and " Dollhouse ". Joss Whedon is returning to the superhero genre, flipping sides from Marvel to DC to helm " Batgirl ".
Suspended safety TJ McDonald signs with Dolphins
However, Jordan had just three career sacks and multiple NFL suspensions for violating the league's substance abuse policy. Defensive end Dion Jordan has been released by the Miami Dolphins, solidifying his status as a draft bust.
Back to burgers: Carl's Jr., Hardees ditch bikini-clad ads
"Pioneering a new way of food, daring food, cutting out corners food for you", as Carl Hardee Sr. says in the ad. A post shared by Carl's Jr . "We target hungry guys, and we get young kids that want to be young hungry guys".
Oil prices firm up, aided by slip in Libyan output
A day earlier, both these oil benchmarks climbed more than $1 per barrel to touch their highest price in the last two weeks. Still, resurgent US oil production and record domestic crude inventories have kept pressuring oil prices.
Lululemon shares nosedive 17%
Analysts, on average, had expected earnings of $1.01 a share on revenue of $783.56 million, according to Thomson Reuters I/B/E/S. Buckingham Research started coverage on shares of Lululemon Athletica inc .in a research report on Tuesday, November 29th.
Spacewalking astronauts lose piece of shielding that floats away
Spacewalking astronauts have lost an important piece of shielding needed for the International Space Station. Floating in the Quest airlock, Kimbrough and Whitson switched their spacesuits to battery power at 7:29 a.m.
Bears receiver Deonte Thompson testifies at the Aaron Hernandez trial
In succeeding months, she said, Bradley visited often and was one of only two people whom the football player was close with. The prosecution said Hernandez placed a 17-second phone call to her 2.37 a.m on the night of the double murders.
Dustin Johnson Stays Hot With Dell Match Play Win
Rahm had beaten Bill Haas 3 and 2 in the semifinals, and Haas went on to beat Tanihara 2 and 1 in the consolation finals. Lee, of South Korea, shot a 7-under 65 to win by six strokes Sunday and tie Kerr's tournament record.
Jack Del Rio sees a Super Bowl in Las Vegas' future
It's like moving the Boston Celtics from Boston or the Lakers from L.A. - you just don't move certain franchises. It will be a unusual and potentially ugly situation with the Raiders as a lame-duck team in the Bay Area.