New York Stocks End: Momentum Fails – Nasdaq barely moved | new



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The Dow Jones Industrial US benchmark closed the year at 0.58% at 24,919.66 points. The S & P 500 at the market scale has finally increased by 0.35% to 2793.84 points. In contrast, the Nasdaq 100 stock index slid after an initial friendly trading that brought it closer to its June record, losing even some ground, but finally managed a tight rise of 0.09% to 7282.60.

A strong report on the job market has confirmed the image of a robust US economy. On Tuesday, PepsiCo also gave a first company a glimpse of its business figures, before the reporting season got off to a good start Friday with the big three banks JPMorgan, Citigroup and Wells Fargo. Investors remain cautious on their shares, while losing to their Goldman Sachs on Tuesday

PepsiCo boosted sales despite weak demand for soft drinks in the second quarter, despite sustained demand for soft drinks, surpassing earnings forecasts . Shares rose nearly five percent. As a result of this evolution, the papers of the competitor Coca-Cola have gained more than 1% and were among the best values ​​of the Dow

The rise in oil prices has boosted the stock certificates of major industrial groups : Chevron and ExxonMobil respectively up 1.27 and 0.92 percent

Tesla investors electric car maker have been pleased with a price gain of 1.24 percent. His factory in China is decided according to media reports. Tesla wants to build up to 500,000 vehicles a year in Shanghai, he said, citing informed people. China is a huge and hotly contested market for electric vehicles with many domestic manufacturers. A production in China would make Tesla more competitive.

21st Century Fox papers gained about 0.42% in line with the market. According to a press article, Rupert Murdoch's press group is preparing a higher bid for UK pay TV channel Sky to outperform US cable giant Comcast. The article does not contain specific details of the offer, but it should be higher than the recent Comcast offer of £ 12.5 per share Sky. Comcast shares lost 0.66%. In London, Sky's paper has closed nearly two percent more.

On the US bond market, ten-year government bonds fell by 2/32 points to 100 2/32 points, yielding 2.87 percent. The euro has recovered from intermittent weakness and cost $ 1.1745 in New York. The European Central Bank (ECB) had previously set the benchmark rate at $ 1.1713. The dollar had cost 0.8538 Euros./gl/he

— By Gerold Löhle, dpa-AFX —

(AWP)

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