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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Pharma & Biotech

US benchmarks close mixed as market eyes jobs report

Wheeling into focus is now tomorrow's latest US Non-Farm Payroll release.

Wall Steet shares end mixed

Boeing flies higher again

US non-farms in focus

US stocks were mixed at the close, with the Dow Jones up over 37 at 26,186.

The S&P 500 is down 1.83 at 2,821, while the Nasdaq is off over 25 points at 7,385.

In Toronto, the TSX is down over 103 points at 15,848.

MID-SESSION

US stocks are higher at mid-session as the markets digest a huge day for corporate earnings from some of the biggest players.

The Dow Jones Industrial Average added over 125 points at 26,277, the S&P500 is up 8.6 at 2,832. The Nasdaq is up over 16 at 7,427.

In Toronto, the TSX is down over 105 points at 15,846.

Aeroplane giant Boeing (NYSE:BA) continues to support indices, with shares up 1.67% at US$360.28.

Ebay Inc (NASDAQ:EBAY) added over 14% to US$46.39 after the online auction firm revealed it was to drop payments group PayPal as its main payments processor.

eBay shares head for record high on results, PayPal split https://t.co/a5nn3CHlwU pic.twitter.com/99djWBHQII

— Reuters Top News (@Reuters) 1 February 2018

Wheeling into focus is also tomorrow's latest US Non-Farm Payroll release.

Consensus is for an increase of 180,000 jobs in January, 2018. This would represent a decent bounce-back following last month’s disappointing rise of just 148,000 on expectations of 190,000.

It comes after the private sector ADP report - seen as the precursor - posted a better-than-expected jobs number.

OPEN

Wall Street shares got off to a mixed to positive start on Thursday after the higher finish yesterday.

The Dow Jones is up over 16 points at 26,161.

The S&P500 is down 0.51 at 2,823.

The tech heavy Nasdaq is down 2.47 at 7,409.

In Toronto, the TSX is down 37.24 at 15,914.

In stocks, a notable mover was PayPal Holdings (NASDAQ:PYPL), which plunged 8.56% to US$78 in early deals even though the online payments company’s fourth-quarter results – released after-hours on Wednesday - beat expectations.

The stock was hit by news former parent eBay Inc. (NASDAQ:EBAY) has signed a deal with a new primary payment processor.

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The Markets
by Proactive
Proactive UK has moved.
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Go to Proactive UK