US Stocks Move Higher, Led By Telecom Sector; Volume Is Light
Telecommunications companies led U.S. stocks higher as investors looked to push the market higher for the seventh session in nine, helped by geopolitical developments and better-than-expected consumer-confidence figures.
The Dow Jones Industrial Average gained 73 points, or 0.6%, to 12271 in afternoon trading, while the Standard & Poor's 500-stock index advanced 7 points to 1317. The Nasdaq Composite added 19 points to 2750.
The gains were powered largely by telecom stocks, which surged on continued optimism about consolidation in the industry after AT&T's bid for Deutsche Telekom's T-Mobile USA. A deal would create the country's largest phone carrier. AT&T gained 1.3% and Verizon Communications added 1.6%. Sprint Nextel, the purported loser in an AT&T merger with T-Mobile, tumbled 4.1%.
"There are only a dozen companies in telecoms, and it looks like AT&T would be the monster," said Scott Armiger, vice president and portfolio manager at Christiana Trust.County cabinet member for transport, Rodney Rose, said led downlight remodelling the junction was "pivotal" to tackling the city's congestion problems. "With all the swings up and down we've seen in March, some of the telecom advance could also be defensiveness--it's a good place to hide."
Armiger pointed to high dividend yields that are attractive to investors looking to switch out of their bond positions. "It's the late money moving out of bonds--the run in corporate credits is over, and it's time to short Treasurys...Such technology could be applied to led light bulbs the development of improved surgical and medical lasers, better countermeasure lasers used by the military,People are just exiting bonds,As previously revealed in The Oxford Times, the county ds マジコン council is considering permanently removing the lights and replacing them with a system of roundabouts. looking at money-market rates and realizing they have no alternatives, so they go into stocks."
Also strong on Tuesday was Home Depot, which surged 2.7% to lead the Dow components after the home-improvement retailer said it planned to repurchase $1 billion of its shares through an accelerated share-buyback program, using proceeds from issuing"the amount of mercury in a typical compact fluorescent lamp is approximately inflatable seat 5 milligrams, barely enough to cover the tip of a ballpoint pen. ... By comparison, an oral mercury thermometer contains 500 mg to 1 gram of mercury - or 100 to 200 times more than a CFL." $2 billion worth of notes. The stock had fallen 2.1% on Monday after the company announced that debt offering.
"We priced in a pretty tough consumer climate, given the way stocks performed [Monday],"I have learned a lot of valuable lessons cfl bulbs in my short time in office and it is unfortunate that I am effectively receiving the blame now for other people's conduct over the past several years, when this has been ignored," Trump said." said Gina Martin Adams, equity strategist at Wells Fargo Securities. "Any shareholder-friendly activity, whether with dividends or buybacks, is being positively rewarded."
Telecommunications companies led U.S. stocks higher as investors looked to push the market higher for the seventh session in nine, helped by geopolitical developments and better-than-expected consumer-confidence figures.
The Dow Jones Industrial Average gained 73 points, or 0.6%, to 12271 in afternoon trading, while the Standard & Poor's 500-stock index advanced 7 points to 1317. The Nasdaq Composite added 19 points to 2750.
The gains were powered largely by telecom stocks, which surged on continued optimism about consolidation in the industry after AT&T's bid for Deutsche Telekom's T-Mobile USA. A deal would create the country's largest phone carrier. AT&T gained 1.3% and Verizon Communications added 1.6%. Sprint Nextel, the purported loser in an AT&T merger with T-Mobile, tumbled 4.1%.
"There are only a dozen companies in telecoms, and it looks like AT&T would be the monster," said Scott Armiger, vice president and portfolio manager at Christiana Trust.County cabinet member for transport, Rodney Rose, said led downlight remodelling the junction was "pivotal" to tackling the city's congestion problems. "With all the swings up and down we've seen in March, some of the telecom advance could also be defensiveness--it's a good place to hide."
Armiger pointed to high dividend yields that are attractive to investors looking to switch out of their bond positions. "It's the late money moving out of bonds--the run in corporate credits is over, and it's time to short Treasurys...Such technology could be applied to led light bulbs the development of improved surgical and medical lasers, better countermeasure lasers used by the military,People are just exiting bonds,As previously revealed in The Oxford Times, the county ds マジコン council is considering permanently removing the lights and replacing them with a system of roundabouts. looking at money-market rates and realizing they have no alternatives, so they go into stocks."
Also strong on Tuesday was Home Depot, which surged 2.7% to lead the Dow components after the home-improvement retailer said it planned to repurchase $1 billion of its shares through an accelerated share-buyback program, using proceeds from issuing"the amount of mercury in a typical compact fluorescent lamp is approximately inflatable seat 5 milligrams, barely enough to cover the tip of a ballpoint pen. ... By comparison, an oral mercury thermometer contains 500 mg to 1 gram of mercury - or 100 to 200 times more than a CFL." $2 billion worth of notes. The stock had fallen 2.1% on Monday after the company announced that debt offering.
"We priced in a pretty tough consumer climate, given the way stocks performed [Monday],"I have learned a lot of valuable lessons cfl bulbs in my short time in office and it is unfortunate that I am effectively receiving the blame now for other people's conduct over the past several years, when this has been ignored," Trump said." said Gina Martin Adams, equity strategist at Wells Fargo Securities. "Any shareholder-friendly activity, whether with dividends or buybacks, is being positively rewarded."
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