Asian shares lower as sentiments get dragged by Wall Street
05 March, 2018, 01:25 | Author: Natasha Holloway
"You get the algorithms responding to the technical break and initiating sell programs", said Ken Polcari, director of the NYSE floor division at O'Neil Securities in NY.
Industrial companies that could be hurt by higher steel prices fell.
Stocks slumped on Wednesday, breaking the longest streak of positive monthly returns in the history of the Standard & Poor's 500 index. The Nasdaq composite lost 127 points, or 1.8 per cent, to 7,145.
Booking Holdings Inc (BKNG.O), formerly known as Priceline, rose 6.8 percent after reporting upbeat quarterly profit, helped by higher hotel bookings, while off-price apparel seller TJX (TJX.N) jumped 6.9 percent after posting upbeat same-store sales.
Stocks are turning sharply lower in afternoon trading as talk of steep tariffs on steel and aluminum spook investors.
Big exporters like Apple and drugmaker Pfizer, which would suffer if trade tensions picked up, also fell.
Boeing, United Tech, Caterpillar and Apple are all Dow Jones components, while those four stocks and GM are S&P 500 index members. The benchmark index is coming off its worst month in two years. The Dow took the worst of the punishment with losses over 300 points.
Global stocks mostly fell Thursday as investors braced for a testimony by Federal Reserve Chairman Jerome Powell and monitor the lack of progress on Brexit in Europe.
USA stocks fluctuated between gains and losses in the morning session on Thursday as Wall Street meditated on a string of economic reports.
For the month, the Dow lost 4.3 percent and the S&P 500 fell 3.9 percent.
U.S. blue-chips have pared early losses but the Dow Jones is still showing a triple-digit fall. Britain's FTSE 100 shed 0.8 percent at 7,177.
Wednesday was another down day for the broad US markets with all three of the major exchanges closing lower on the day. Canada is the biggest supplier of both products to the country.
"The first quarter of 2018 will likely see the continuation of sales and margins in line with trends in the second half of 2017", added chief financial officer Lauren Peters. CNBC reported that Trump will make an announcement on tariffs at 11am ET (1600 GMT).
The S&P 500 is down 3.7 percent since Monday's close.
The Dow Jones industrial average sank 77 points, or 0.3 percent, to 24,954.
The last time they endured such a slump was October 2002 with a pair of league losses came with a pair of Champions League losses. It was better from Arsenal , with Brighton's incursions now limited to counters led by the unsafe Jose Izquierdo.
One channel was for posts from friends and family and the other was for posts from pages that users follow, such as news outlets. While it was initially presented as a way to discover new content, the firm has disvoered that it isn't "effective".
The decision clears the last major hurdle to the formation of a new government and a fourth term for Merkel. The Bundestag is set to convene on March 14 to vote in the new chancellor - certain to be Merkel.
At least 10 suspected Maoist rebels and a police officer were killed Friday in a firefight deep in the jungles of central India. It is a normal practice with Maoists that hi-tech assault rifles are given to senior cadre members, officials said.
His visit comes a day after Egypt's top court upheld a deal to transfer two Red Sea islands to Saudi Arabia. Sisi stressed to Prince Mohammed: "The security of the Arab Gulf is an integral part of Egypt's security".
Foreign Ministry spokesperson Hua Chunying merely said in Beijing Friday that China urges the U.S. to follow trade rules. One person allegedly "complained that managers were speaking about blacks like they were objects".
She then began to answer some questions related to the transition. "She is in a league of her own and no one can replace her". After Dubke stepped down, Spicer again juggled the roles of interim communications director and press secretary.
Less than a day after announcing a slew of new defense systems, Russian President Vladimir Putin in an exclusive interview with NBC News denied accusations that his country wants to spark a new Cold War.
There are many ways to describe what González exhibited in that glorious moment, as in so many others since the shooting. Rick Scott said he hopes a gun and school-safety bill is passed before the annual legislative session ends March 9.
Luka Modric, Casemiro, Marcelo and Toni Kroos were all injured, so Isco and Marco Asensio were given chances in attack with Bale . The Catalan club were coming off a 6-1 loss against Barcelona at the Camp Nou.
Blizzard teases Diablo 3 coming to the Nintendo Switch
Blizzard has since stated that they no longer intend to do so, but we at least know that the console is on the studio's mind. That flurry of speculation spawned two very active threads on the Nintendo Switch subreddit and the Resetera forums .
Ronda Rousey officially becomes a WWE superstar
In fact, her only three appearances so far have come at Royal Rumble , Elimination Chamber and the February 26 edition of Raw. Triple H has only appeared when necessary, while Stephanie has taken a backseat to current Raw general manager Kurt Angle .
Wilder - "Joshua doesn't have confidence to fight me"
Come on", Wilder told CBS Sports' "In This Corner" podcast on Monday. "I really feel he doesn't have any confidence in Joshua". Wilder and his loquacious people also claim he has met the best, which is fast becoming the most annoying deceit in boxing.