Aug 10 (Reuters) - The S&P 500 index was on track for its first daily drop of more than 1 percent in almost three months on Thursday as investors grew cautious over escalating tensions between the United States and North Korea.
"The escalation of the geopolitical situation between the U.S. and North Korea is beginning to rattle investors' nerves as was witnessed in the VIX index yesterday," said Peter Cardillo, chief market economist at First Standard Financial.
NEW YORK, Aug 7 (Reuters) - The Dow edged up to its ninth record closing high in a row while the S&P ended slightly higher on Monday, with consumer and technology sector gains offsetting losses in energy.
The Dow Jones Industrial Average rose 135.12 points, or 0.62 percent, to 21,993.44, the S&P 500 gained 24.41 points, or 1.00 percent, to 2,465.73 and the Nasdaq Composite added 83.68 points, or 1.34 percent, to 6,340.23. (Reporting by Caroline Valetkevitch; Editing by Nick Zieminski)
LONDON, Aug 9 (Reuters) - Kenya's B+ credit rating and stable outlook won't be affected by its election as long as there is no repeat of the deadly violence that broke out after the country's 2007 vote, the S&P Global agency said on Wednesday.
"But with earnings coming to a close, no major economic data and seasonality issues, trading volume is expected to be slightly diminished," said Eric Wiegand, senior portfolio manager at U.S. Bank Private Client Reserve.
Noble's liquidity headroom - including readily available cash and unutilized committed facilities - fell to $1.4 billion at end-June 2017 from $2.4 billion at end-March 2017. This is insufficient to cover the company's $2.6 billion in bank debt and bonds due in the next 12 months, Moody's said.
The energy sector led the laggards with a 0.9 percent drop as oil prices edged lower on a rebound in production from Libya's largest oil field, along with worries about higher output from OPEC and the United States.
Second-quarter earnings have been stronger than expected with analysts now expecting S&P 500 earnings to have expanded 11.8 percent, up from 8 percent at the start of July, according to Thomson Reuters I/B/E/S.
"The jobs report was quite well-received on Friday despite suffering the same pitfall that has plagued the US recovery for years, inadequate wage growth," said Craig Erlam, senior market analyst at online forex broker Oanda.
"If the Premier League wants more Saturdays, and between us we're trying to solve fixture congestion in the second half of the season, then there are discussions about how to do that which are considerate of the value the FA Cup has to the FA in helping it raise money for all the work we do," Glenn said.
U.S. equities steepened their losses late in the session after President Donald Trump said his earlier warnings to North Korea may not have been tough enough. He also said the nuclear-armed nation should be "very, very nervous" if it even thinks about attacking the United States or its allies.
The report is likely to clear the way for the Federal Reserve to announce a plan to start shrinking its $4.2 trillion bond portfolio in September, and could strengthen its case to raise rates for the third time this year in December.
The gains were broad-based, with the S&P financial sector rising 1.40 percent and the technology index 1.34 percent, putting the S&P index on track for its biggest single-day percentage gain in nearly four months.
Tuesday's rise puts the Dow on track to post its 11th straight session of gains - the blue-chip index's longest streak for consecutive gains since February - driven by a strong quarterly earnings season.
Aug 11 (Reuters) - U.S. stock indexes were set to open little changed on Friday, with the S&P 500 on track to post its biggest weekly loss in nine months, as investors remained cautious on heightened tensions between the United States and North Korea.
The S&P 500 information technology index, which has led other sectors in 2017, dipped 0.35 percent. Apple lost 1.0 percent after hitting a record high the day before. It and Amazon.com, down 0.90 percent, weighed more than any other stocks on the S&P 500.
The sizable number of ANC parliament members voting with the opposition, was "unexpected" and showed divisions within the party, Rusike said. That could impact the December 2017 ANC elective conference and perhaps even national elections in 2019.
Aug 12 (Gracenote) - Overview from the World championships Men's 4 x 100m Relay Heats on Saturday 1.
U.S. M.Rodgers/J.Gatlin/B.Lee/C.Coleman 37.70 Q 2. Britain C.Ujah/A.Gemili/D.Talbot/N.Mitchell-Blake 37.76 Q 3. Jamaica T.Tracey/J.Forte/M.Campbell/U.Bolt 37.95 Q 4. France S.Dutamby/J.Vicaut/M.Zeze/C.Lemaitre 38.03 Q 5. China Wu Z Q/Xie Z Y/Su B T/Zhang P M 38.20 Q 6.
Japan S.Tada/S.Iizuka/Y.Kiryu/A.Cambridge 38.21 Q 7. Turkey Y.Hekimoglu/J.Harvey/E.Barnes/R.Guliyev 38.44 Q 8. Canada G.Smellie/A.Brown/B.Rodney/M.Ajomale 38.48 Q 9. Trinidad & Tobago K.Bledman/K.Greaux/M.Morain/E.Callender 38.61 10. Germany J.Reus/R.Hering/R.Schmidt/R.Erewa 38.66 11.
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