KXIP vs KKR Live Score

WALL STREET: The U.S. bull market became the longest on record after tech stocks and retailers gained while industrial companies declined.

The latest bull run surpasses the last record-breaking bull market of the 1990s that ended in the dot-com collapse in 2000, according to the Associated Press.

The S&P 500 index fell 4 points, or 0.2 percent, to 2,856.

Stocks are broadly higher in midday trading on Wall Street, led by solid gains in technology, materials and energy companies.

The Dow Jones Industrial Average closed at 25,733.60 on Wednesday with a loss of -88.69 points or -0.34%. Anything that's damaging to Donald Trump's agenda is not going to be good for the stock market", said Stephen Massoca, Senior Vice President at Wedbush Securities in San Francisco.

TRADE TENSIONS: Stocks have been buffeted by concerns about mounting trade tensions in recent months between the US and China, set off by President Donald Trump's tariff policies.

As of today the stock market is on a record tear, this is the longest bull market ever at least by one definition.

The S&P 500 posted 43 new 52-week highs and no new lows; the Nasdaq Composite recorded 164 new highs and 32 new lows.

Zimbabwe court confirms Mnangagwa's disputed presidential election win
The violence called to mind a darker era of " old Zimbabwe ", when the country was ruled by strongman Robert Mugabe . Those claims only gathered greater urgency as voters waited days for the commission to announce who won.

John McCain, war hero and political maverick, dead at 81
Senator McCain was a maverick who fought for what he believed in and represented the very best ideals of the United States Senate. McCain is survived by his wife, Cindy, and seven children; three from his first marriage and four from his marriage to Cindy.

Two million Muslims leave for Mina as Hajj 2018 rituals start
Nearly 14,000 worldwide and domestic flights have so far transported pilgrims with around 21,000 buses also used. The route of the pilgrimage retraces that taken by the Prophet Muhammad (pbuh) in the seventh century.

The criticism came ahead of the release of the Fed's minutes of its August policy meeting today, which is expected to reaffirm its confidence in the USA economy and its commitment to future rate hikes.

The Nasdaq is up 62.13 points, or 0.8 percent. Target shares ended the session up 3.2 percent.

While the Dow Jones Industrial Average rose by 0.25%, the Nasdaq Composite managed a 0.49% surge. Target rose 4.8 percent and Lowe's jumped 7.5 percent.

Online brokers Charles Schwab, E*Trade Financial and TD Ameritrade tumbled between 3.5 percent and 6.4 percent after CNBC reported JPMorgan planned to roll out a free digital brokerage service next week.

An inverted yield curve - in which yields on two-year Treasury bonds surpass yields on 10-year Treasury bonds - has historically been a reliable indicator of a recession, and the yield curve has been relatively flat in recent quarters.

The S&P isn't the only index that has prospered.

ASIA'S DAY: Japan's benchmark Nikkei 225 gained 0.6 percent to finish at 22,362.55.


COMMENTS