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Wall Street shares open higher as bond yields rebound

2019-08-08 01:51 pm | Resource: News | No Views : 38

 Wall Street shares open higher as bond yields rebound

Wall Street started trading in the Green Zone on Thursday as bond yields recovered after a day of dramatic moves. In earnings, Uber will provide annual rent results after today's closing bell.

Initial jobless claims in the US dropped by 8,000 to 209,000

Initial jobless claims in the United States for the week ending August 3 fell by 8,000 compared with the previous week's figure to 209,000, the Labor Department said Thursday. The four-week moving average was 212,250, up 250 from the revised The previous week which is 212,000.

The seasonally adjusted insured unemployment rate for the week ending July 27 was 1.2%, unchanged from the previous week. The seasonally insured unemployment rate during the same week reached 1,684,000, a decrease of 15,000 from the weekly unedited figure. The 4-week moving average was 1,687,250, a decrease of 11,000 compared to the previous week's estimated average of 1,698,250

Kraft Heinz fell 9% in marketing as it delayed the quarterly registration process

Kraft Heinz shares fell more than 9% in pre-market trading on Thursday after the company said it was delaying its quarterly tenth quarterly submission. Kraft Heinz also revealed write-offs totaling $ 1.22 billion.
The company released preliminary results for the first half of 2019 that showed its six-month net sales fell 4.8% year-on-year to $ 12.36 billion and diluted earnings per share fell 51% to $ 0.70.
“The level of decline we have seen in the first half of this year is not something we should find acceptable to move forward,” said Miguel Patricio, CEO of the company.

US stock openings
  • The Dow Jones Industrial Average rose 0.42% at the beginning of the session.
  • The S&P 500 rose 0.49%.
  • The Nasdaq 100 rose 0.74%.


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We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

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