Longest bull market in history may still have room to run
Longest bull market in history may still have room to run
S&P hits record high, equals longest-ever bull run
26 August, 2018, 12:00
US stocks turned in a lackluster performance Wednesday, but this session goes down in the record books as the day that marked the longest bull market run in history.
The S&P 500's bullmarket turned 3,453 days old on Wednesday, making it the longest such streak in history, according to some investors' definition.
For all the exuberance, some noted Wednesday that the current bull market's status isn't firmly cemented until the S&P 500 closes above its January 26 closing high of 2,872.87. "That potential new high is important", S&P Dow Jones Indices analyst Howard Silverblatt wrote in a research note.
Investors had their eye on trade as the USA and China rolled out more tariffs on each other, escalating their trade dispute even as representatives from both nations held their first high-level talks in two months.
The S&P consumer discretionary index.SPLRCD climbed 0.9 percent as shares of off-price retailer TJX Companies Inc (TJX.N) rose on strong results and Toll Brothers Inc's (TOL.N) encouraging quarterly report boosted shares of homebuilders.
USA stock index futures rose on Tuesday on hopes that planned trade talks between the United States and China would help resolve the dispute between the world's two largest economies.
The news of Michael Cohen, Donald Trump's former personal lawyer, pleading guilty to eight charges - including violations of campaign finances, resulting in the stock market dipping slightly at the end of the day.
The Nasdaq composite lost 10.64 points, or 0.1 percent, to 7,878.46.
The Nasdaq composite and the Russell 2000 indexes also closed at all-time highs Friday. Still, the trade-sensitive S&P industrial sector gained 0.67 percent.
The Federal Reserve Bank announced in a policy meeting during the week that it seeks reassurance in the U.S economy and committed to future hikes in rates of consumer goods. For the year, it's now up 7 percent. Nvidia gained 3.8 percent, while Lowe's jumped 5.8 percent.
Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.37-to-1 ratio favored advancers.
The S&P 500 index fell a fraction of a point to 2,861.
Volume on U.S. exchanges was 5.86 billion shares, compared with the 6.49 billion average over the last 20 trading days.
Meanwhile, the president informed the news agency that he hasn't decided if he'll answer the special counsel's questions. He told Reuters that he "can go in, and I could do whatever" to intervene in the special counsel's probe.
Messi and Barca also won the Copa De Rey, so Messi would be well within his rights to be a bit miffed for his shortlist omission. Ronaldo had 15 goals in 13 UCL matches en route to a Real Madrid Champions Cup victory over Liverpool .
US investment bank Jefferies said on Friday there was an emerging "lack of demand" for crude oil and refined products. Meanwhile, a Chinese trade delegation is in Washington to discuss trade disputes with the U.S. side.
Williams showed the streets where Tibbetts ran before making a final turn onto a rural road where she was attacked. He told police when he came to he realized that he had killed her and put her body in the trunk of his auto .
The BBC says his admission that he "knowingly broke campaign finance laws that was by far the most politically explosive". Trump has not been named by federal prosecutors in the charges against Cohen but has been identified as "Individual 1".
Both the RTX 2080 and RTX 2080 Ti will pack dedicated cores for enhanced real-time image rendering and processing. The all-new GeForce graphics cards are built on the latest NVIDIA Turing architecture and a radical RTX platform.
Past year the Crimson Tide became the first AP preseason No. 1 to win a national championship since Southern California in 2004. Going for their second straight national championship, the Alabam Crimson Tide already have one three-peat in the bag.
Asked whether she spoke up if she felt he crossed a line, the first lady said, "Yes, I tell him all the time". "In today's global society, social media is inevitably a part of our children's daily lives".
In total, just 28 goals were conceded in 38 games a year ago and in half of their league games, they kept clean sheets. Martial started United's game against Albion but was substituted for Marouane Fellaini in the second half.
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Washington doesn’t need Adrian Peterson
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Two Million Pilgrims Expected For Hajj In Saudi Arabia
Nearly 14,000 worldwide and domestic flights have so far transported pilgrims with around 21,000 buses also used. In 2016, Iran boycotted the Hajj over security concerns after hundreds of people were killed in a crush there.
Nvidia debuts GeForce RTX gaming cards starting at $499
Nvidia showed how the new technology will look in upcoming games including Shadow of the Tomb Raider and Metro Exodus . Artificial intelligence is helping to crack the challenge of creating lifelike light and shadow effects in games.
Australia's Malcolm Turnbull survives leadership challenge
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Thick smoke clouds the air across the Front Range Monday
It's time to break out your particulate respirator mask. "Surgical masks are useless for this kind of environment", he adds. It's the second time in a week smoke from wildfires has pushed the state's air quality into risky level.