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...The Dow Jones US Airlines index has dropped 24 per cent since July 11, with Delta Air Lines and American having slashed their third-quarter earnings forecasts because of rising fuel prices....
...Brent dipped about 0.1 per cent to $66.45 a barrel....
...The Nasdaq Composite fell 1.2 per cent, with Apple 6.6 per cent lower, while the Dow Jones Industrial Average shed 0.4 per cent....
...The Dow Jones Industrial Average and the Nasdaq Composite also set record closing highs....
...Brent crude settled 1.3 per cent higher at $55.98 a barrel — settling in the green for the sixth consecutive day, its longest winning streak since August....
...Hot topic On Wall Street, the S&P 500 rose 0.2 per cent to 2,447.9 — just 0.2 per cent short of its all-time high — while the Dow Jones Industrial Average rose 0.1 per cent to close at another record....
...“The apparent double failings of healthcare reform this year — first in March when House Speaker Ryan pulled a floor vote, and [Monday] night in the Senate — don’t quite have the drama of failed congressional...
...International standard Brent was up 0.4 per cent at $45.95 a barrel....
...The Dow Jones Industrial Average and the Nasdaq Composite also edged higher....
...Brent settled at $50.56 a barrel down 0.2 per cent, after bouncing off a low of $50.25....
...The Dow Jones Industrial Average also rose 0.7 per cent as it snapped an eight-session run of declines....
...Rivals in the industry also climbed on the results, with Lennar up 3 per cent to $47.94, DR Horton rising 2.9 per cent to $32.99 and KB Home gaining 4.9 per cent to $16.13....
...The Nasdaq closed up 0.7 per cent and the Dow Jones closed up 0.5 per cent....
...The rally also lifted the shares of other homebuilders: DR Horton rose 2.8 per cent to $30.69, while PulteGroup rose 2.2 per cent to $18.51....
...Oliver Jones, economist, Fathom Consulting We expect inflation to rise to a little below 3% in mid-2017....
...Losses for Caterpillar, American Express and 3M helped pull the Dow Jones Industrial Average down by 0.7 per cent....
...The benchmark S&P 500 and Dow Jones Industrial Average each gained 1.8 per cent and the Nasdaq Composite added 2.5 per cent....
...US oil and gas stocks suffered on Monday as the price of Brent crude slipped to a five-year low....
...Shares in PulteGroup rose 3 per cent to $18.78, DR Horton added 1 per cent to $21.13, Toll Brothers gained 2 per cent to $34.57 and Lennar also added 2 per cent to $37.55....
...“DreamWorks Animation is in transition,” Ryan Fiftal, an analyst at Morgan Stanley, said....
...The Dow Jones Industrial Average also gained 0.4 per cent to 15,301.26, and the Nasdaq Composite Index added 0.6 per cent to 3,815.28....
...The high-stakes agreement sealed on Tuesday night by Patty Murray and Paul Ryan, the Democratic and Republican budget negotiators, will be taken up by the House of Representatives as soon as Thursday, to...
...DR Horton gained 3.3 per cent to $18.91, PulteGroup added 3.5 per cent to $16.19, and Toll Brothers ticked up 3.1 per cent to $31.64....
...Fundamentally weighted indices based on the Research Affiliates methodology are now offered by FTSE Group and Russell (for equities), Citi (sovereign bonds) and Ryan ALM (US corporate bonds)....
...Doug Parker, US Airways’ chief executive, looks set to be appointed chief executive of the newly merged company, while Tom Horton, AMR’s chief executive, will stay on temporarily as non-executive chairman...
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