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Benzinga 08/23/2019 12:49
Midway through trading Friday, the Dow traded down 1.73% to 25797.95 while the NASDAQ fell 2.17% to 7818.33. The S&P also fell, dropping 1.8% to 2870.40. Leading and Lagging Sectors. Utilities shares slipped by just 0.3% on Friday. Meanwhile, top gainers in the sector included UGI Corporation (NYSE: ), up 1%, and NextEra Energy, Inc. (NYSE: ), up 0.5%. In trading on Friday, information technology shares fell 2.4%. Top Headline. Foot Locker, Inc. (NYSE: ) reported worse-than-expected second-quarter results. The company reported second-quarter earnings of 66 cents per share, which missed the analyst consensus estimate of 67 cents. Foot Locker reported quarterly sales of $1.774 billion, which missed the analyst consensus estimate of $1.82 billio.
Zero Hedge 08/21/2019 21:45
All attention is focused on the twists-and-turns of the very noisy US-Iran dispute in the Persian Gulf, but all the while the People’s Republic of China (PRC) is rapidly and quietly consolidating a dominant presence in the area of Russia. Beijing, as a result, is fast acquiring immense influence over related key dynamics such as the price of oil in the world market and the relevance of the petrodollar.
Benzinga 08/19/2019 14:33
Toward the end of trading Monday, the Dow traded up 1.10% to 26,168.97 while the NASDAQ rose 1.58% to 8,020.37. The S&P also rose, gaining 1.35% to 2,927.69. Leading and Lagging Sectors. Energy shares climbed 2.2% on Monday. Meanwhile, top gainers in the sector included ION Geophysical Corporation (NYSE: ), up 13%, and Precision Drilling Corporation (NYSE: ), up 13%. In trading on Monday, utilities shares rose by just 0.8%. Top Headline. Estee Lauder Companies Inc (NYSE: ) reported stronger-than-expected results for its fourth quarter. Estee Lauder Companies reported fourth-quarter earnings of 64 cents per share, which beat the analyst consensus estimate of 53 cents. The company reported fourth-quarter sales of $3.59 billion, which beat the a.

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