zhouyueyue: Overseas stock markets also increased b

Overseas stock markets also increased b

17 Mar 2019 at 22:08
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NEW YORK, Oct. 15 (Xinhua) -- U.S. stocks posted solid gains Thursday, as Wall Street assessed mixed economic data and positive earnings reports from big banks.


 


The Dow Jones Industrial Average gained 217.00 points Men's Nike Air Max 97 Triple White Australia , or 1.28 percent, to 17,141.75. The S&P 500 jumped 29.62 points, or 1.49 percent, to 2 Men's Nike Air Max 97 Ultra 17 Shoes Team Red Australia ,023.86. The Nasdaq Composite Index spiked 87.25 points, or 1.82 percent, to 4,870.10.


 


The U.S. Consumer Price Index for all urban consumers decreased 0.2 percent in September on a seasonally adjusted basis, in line with market consensus Men's Nike Air Max 97 Ultra 17 Shoes Triple Black Australia , the Labor Department reported Thursday.


 


The index for all items less food and energy (core CPI) increased 0.2 percent in September after rising 0.1 percent in July and August. The core CPI has risen 1.9 percent over the past 12 months.


 


"While it may look like core inflation is moving towards that desired 2.0-percent mark with this report, the mix is not necessarily what the Fed expected," said Sophia Kearney-Lederman, an economic analyst at FTN Financial.


 


In a separate report, the department announced that in the week ending Oct. 10 Men's Nike Air Max Plus Shoes Black Orange Australia , the advance figure for seasonally adjusted initial jobless claims decreased 7,000 from the previous week's revised level to 255,000, below market estimates.


 


Meanwhile, the October 2015 Empire State Manufacturing Survey indicates that business activity declined for a third consecutive month for New York manufacturers. The headline general business conditions index edged up 3 points Men's Nike Air Max Plus TN Ultra Footwear White Australia , but remained negative at minus 11.4.


 


Some analysts thought that the mostly soft economic data supported the case for a rate hike delay.


 


In corporate news, shares of Citigroup Inc. surged 4.44 percent to 52.97 dollars apiece Thursday after the company delivered better-than-expected quarterly results.


 


The bank reported net income for the third quarter 2015 of 4.3 billion U.S. dollars, or 1.35 dollars per diluted share, on revenues of 18.7 billion dollars.


 


The Goldman Sachs Group, Inc. jumped 3.04 percent to 184.96 dollars apiece Thursday after posting quarterly earnings above estimates but revenues shy of forecast.


 


Overseas stock markets also increased broadly Thursday. European equities ended sharply higher Men's Nike Air Max Plus Just Do It Footwear Orange Australia , with French benchmark index CAC 40 rising 1.44 percent, as investors shrugged off the downturn in oil prices.


 


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