tyb
Solid data, trade hopes lift Wall Street to records
Wall Street’s main indexes closed at record levels for a third straight day in a muted volume session on Wednesday ahead of the Thanksgiving holiday, as fresh data pointed to an economy on solid footing, while investors remained cautiously optimistic about a resolution to U.S.-China trade tensions.
U.S. economic growth picked up slightly in the third quarter, rather than slowing as first reported, and a steady increase in consumer spending in October indicated the economy will probably maintain its moderate pace of growth in the fourth quarter.
The Dow Jones Industrial Average .DJI rose 42.32 points, or 0.15%, to 28,164, the S&P 500 .SPX gained 13.13 points, or 0.42%, to 3,153.65 and the Nasdaq Composite .IXIC added 57.24 points, or 0.66%, to 8,705.18.
Consumer discretionary stocks .SPLRCD rose 0.83 to lead all sectors.
Data also showed new orders for key U.S.-made capital goods increased by the most in nine months in October.
President Donald Trump’s comments on Tuesday that the United States was in the “final throes” of work on an agreement with China added to optimism.
The main indexes have repeatedly scaled to record levels this month on trade truce hopes, a third-quarter earnings season that topped lowered expectations and a dovish Federal Reserve. The S&P 500 has now closed at a record level in five of the past nine sessions.
Trading volumes were among the lowest of the year for a full-day session ahead of the Thanksgiving Day holiday on Thursday. The stock market will close early on Friday.
Capping gains on the Dow was a 1.48% drop in shares of Boeing Co (BA.N) after the Federal Aviation Administration said it would be the only issuer of airworthiness certificates for new 737 MAX jets, the latest hurdle in the planemaker’s bid to get the plane back in the air.
Deere & Co (DE.N) dropped 4.30% as the farm equipment maker warned of lower earnings in 2020.
Under Armour Inc (UAA.N) jumped 6.17% as Raymond James upgraded the sportswear maker to “strong buy”.
Advancing issues outnumbered declining ones on the NYSE by a 1.76-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored advancers.
The S&P 500 posted 44 new 52-week highs and no new lows; the Nasdaq Composite recorded 117 new highs and 35 new lows.
Volume on U.S. exchanges was 5.57 billion shares, compared to the 7.06 billion average for the full session over the last 20 trading days.
https://www.reuters.com/article/us-usa-stocks/solid-data-trade-hopes-lift-wall-street-to-records-idUSKBN1Y11FV
They mention volume as if it has been good or average until the last month. Sucked all year…the results are what count.
o7
>>7385049, >>7385195 BREAKING: FBI Mysteriously "Finds" More Clinton Emails - Weiners Laptop?
>>7385099, >>7385191 'Lock them all up and throw away the key': Virginia Roberts says Ghislaine Maxwell must be arrested and Prince Andrew belongs in jail as she accuses authorities of a cover up
>>7385121,>>7385148 Travis View Speaks at StratCom 2019 on "Qanon Conspiracy Theory"
>>7385122, Farmers protesting in France and Germany
>>7385143 Pamela Anderson Says She Was Threatened By Belmarsh Prison Warden During Visit With Julian Assange
>>7385155 Farage: Labour Cutting Marriage Tax Breaks Shows the Family Is Under Assault
>>7385181 Hunter Biden’s China connections plagued by ethics questions and national security concerns
>>7385219 Solid data, trade hopes lift Wall Street to records
>>7385237, >>7385244 The Federal Reserve Cartel: The Eight Families
pick'em
>and the earth is only 6000 years old.
Japan nuclear watchdog approves restart of reactor hit by 2011 tsunami
Japan's nuclear watchdog on Wednesday approved the restart of a reactor in northeastern Japan damaged by the 2011 earthquake-tsunami disaster, judging that the strict safety standards adopted after the Fukushima accident have been met.
The No. 2 unit of Tohoku Electric Power Co.'s Onagawa plant in Miyagi Prefecture received the green light after the addition of anti-disaster measures including a towering seawall that is nearing completion.
It is only the second nuclear reactor damaged by the March 2011 calamity after the Tokai No. 2 power station in Ibaraki Prefecture to clear the Nuclear Regulation Authority's new safety standards. The basement floors of the No. 2 unit at the Onagawa complex were flooded.
The plant straddling Onagawa town and Ishinomaki city still needs to complete the anti-disaster measures as well as receive local consent to restart, meaning it will almost certainly remain offline until after fiscal 2020.
Its operator, Tohoku Electric, expects to spend about 340 billion yen ($3.1 billion) on the measures, primarily the 800-meter long wall reaching 29 meters above sea level along the perimeter facing the Pacific Ocean to guard from tsunamis as high as 23.1 meters.
Costs for enhanced safety measures have ballooned and are expected to further swell with the construction of facilities to be used in the event of a terrorist attack, also required under the new safety standards.
https://mainichi.jp/english/articles/20191127/p2g/00m/0na/039000c
click the arrow and drop down this (cap) menu and follow the instructions for your request
earth is much older, the rest of those are close.
PH was a false flag. That was extensively covered in here a year, or moar, ago. Can't speak to the thermal bomb part but some people still think fukushima was caused by a land-based, natural quake.
it's several people..Carrey, Cusack, the midget. Not one person