Monday, September 22nd11.6°C
23284
22916

Standard & Poor's 500 edges higher to close at record high; Avago soars on earnings

The Standard & Poor's 500 is ending the week at a record high after a day of quiet trading.

Chip maker Avago Technologies jumped nearly 8 per cent after reporting earnings that beat analysts' estimates.

The latest reports on the U.S. economy were mixed. Consumer sentiment improved in August, while spending fell and income growth slowed in July.

The Standard & Poor's 500 rose six points, or 0.3 per cent, to finish at 2,003.37, an all-time high, Friday. The Dow Jones industrial average rose 18 points, or 0.1 per cent, to 17,098. The Nasdaq composite rose 22 points, or 0.5 per cent, to 4,580.

Bond prices barely budged. The yield on the 10-year Treasury note held at 2.34 per cent.

The Canadian Press


Read more Business News

22831


Recent Trending




Today's Market
S&P TSX15265.35-200.19
S&P CDNX955.06-10.73
DJIA17279.7413.75
Nasdaq4579.789-13.637
S&P 5002010.40-0.96
CDN Dollar0.9114-0.001
Gold1215.50-1.10
Oil91.92-0.49
Lumber329.00-0.90
Natural Gas3.901-0.002

 
Okanagan Companies
Pacific Safety0.16-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.37+0.05
Cantex0.05-0.01
Anavex Life Sciences0.223-0.0031
Metalex Ventures0.060.00
Russel Metals35.75-1.26
Copper Mountain Mining2.66-0.02
Colorado Resources0.165-0.01
ReliaBrand Inc0.0249+0.0009
Sunrise Resources Ltd0.02-0.005
Mission Ready Services0.29-0.01

 



23226

FEATURED Property
1900220ARE YOU TIRED OF RENTING? ....Family Friendly 3 Bedroom 2 Bath Townhouse ...Central Location
$236,888
more details
image2image2image2
Click here to feature your property
Please wait... loading


Is this a fair offer from ICBC?

“Is this a fair offer from ICBC?”…. “How much should I settle for?”… “What is my claim worth?” These are just some of the questions I regularly get as...


Disruptive innovation

Last night I was privileged to be able to speak at the Greater Westside Board of Trade business awards dinner. Photo: ContributedI talked about Innovation and Collaboration which are two very interes...


Executors and their duties

There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...

_



23499

23448


Member of BC Press Council


22632