Achillion Pharmaceuticals Inc. fell 2.6 percent to $11.45 with 13,290,700 shares traded. Apple Inc. rose 1.2 percent to $102.13 with 46,357,900 shares traded. Cisco Systems Inc. was unchanged at $24.80 with 15,324,700 shares traded.» Read More
NEW YORK, Aug 27- The euro rebounded from a 13- month low on Wednesday after a report suggested the European Central Bank might not introduce more stimulus next week while major U.S. stock indexes were little changed, with the S&P 500 clinging near the 2,000 milestone.
*Ukraine tensions, month-end buying adds to bid. Bonds have gained since European Central Bank President Mario Draghi said last Friday that the bank was prepared to respond with all available tools if euro zone inflation dropped further.
NEW YORK, Aug 27- U.S. stocks were little changed on Wednesday, holding near record highs on a day of light volume, though a number of retail stocks traded heavily after reporting results. Both Tiffany& Co and apparel retailer Express Inc rose after posting quarterly revenue that topped expectations and raising their full-year profit views.
Both Tiffany& Co and Express Inc rose after posting second-quarter revenue that topped expectations and raising their full-year profit views. On the downside, Chico's FAS Inc fell 3.2 percent to $15.51 after its results. Best Buy Co Inc was the S&P 500' s biggest percentage gainer, up 5 percent at $31.28, rebounding from a drop of 6.8 percent on Tuesday.
NEW YORK, Aug 27- The euro rebounded from a 13- month low on Wednesday after a report suggested the European Central Bank might not introduce more stimulus next week while major U.S. stock indexes were little changed, with the S&P 500 hovering just above the 2,000 milestone.
*Cushing up 508,000 bbls- EIA. LONDON, Aug 27- Brent crude oil rose towards $103 a barrel on Wednesday, recovering from a 14- month low hit last week as traders monitored maintenance work in the North Sea and as U.S. crude oil inventories fell.
*FTSEurofirst 300 flat, Euro STOXX 50 down 0.2 pct. *Seadrill falls after below-forecast earnings. Declines in individual shares included UK grocers Sainsbury and Tesco slipping 2.2 percent and 1.3 percent respectively after data from Kantar Worldpanel showed UK grocery market sales rose 0.8 percent in the 12 weeks to Aug. 17, a 10- year low.
NEW YORK, Aug 27- Major U.S. stock indexes rose on Wednesday with the Standard& Poor's 500 holding around the 2,000 milestone, while bets the European Central Bank is on the brink of injecting more stimulus knocked the region's government bond yields to record lows.
*S&P 500 coming off first close above 2,000. NEW YORK, Aug 27- U.S. stocks were flat on Wednesday as investors found few reasons to extend a rally that has taken indexes to repeated records, even though market valuations were not seen as unduly stretched.
*Upswing seen as intact, but volume has been light. NEW YORK, Aug 27- U.S. stock index futures were slightly higher on Wednesday, suggesting the market's recent upswing that has taken indexes to repeated records, was set to continue with little on the horizon to derail the rally. Federal Reserve stimulus and the conflict between Ukraine and Russia.
*FTSEurofirst 300 up 0.02 pct, Euro STOXX 50 down 0.1 pct. *Marine Harvest results hit by Russian sanctions. Marine Harvest, the world's largest salmon farmer, said it expected Russian sanctions to pose short-term challenges.
Overall trading volume was about one-third below the recent average, reflecting an absence of major market-moving news and the approaching Labor Day holiday weekend. "Having achieved this 2,000 level, the market is simply taking a pause, catching its breath," said David Lebovitz, global market strategist at JPMorgan Chase.
*Best Buy tumbles after results, DSW rises. *Digital Ally gains further, up over 250 pct in August. NEW YORK, Aug 26- U.S. stocks edged higher on Tuesday to lift the S&P 500 just a hair above the 2,000 mark, its first close above that milestone, after data that pointed to a brighter future for the economy.
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Burger King Worldwide Inc., down $1.40 to $31. The burger chain confirmed it plans to buy doughnut seller Tim Hortons for $11 billion and will move its headquarters to Canada.
NEW YORK— It was a big round-number day for the stock market. The Standard& Poor's 500 index closed above 2,000 points Tuesday for the first time, but just barely. The Dow Jones industrial average rose 29 points, or 0.2 percent, to 17,106. The Dow is 32 points shy of its own record closing high set July 16.
MEXICO CITY/ WASHINGTON, Aug 26- The United States is set to slap import duties on Mexican sugar in a move that could push up candy and soft drink prices for U.S. consumers and incite retaliation from Mexico, which is keen to agree a deal to avoid the new levies.
Achillion Pharmaceuticals Inc. rose 9.0 percent to $11.75 with 18,098,400 shares traded. Apple Inc. fell. 6 percent to $100.89 with 32,310,800 shares traded. Cisco Systems Inc. rose. 4 percent to $24.81 with 16,479,500 shares traded.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Bank of America Corp. rose. 2 percent to $16.33 with 61,753,500 shares traded. Best Buy Co. fell 6.8 percent to $29.80 with 24,954,800 shares traded.
BROOKINGS, S.D.— Daktronics saw first-quarter profit jump 53 percent as the company installed more large-screen video displays and scoreboards. Before the market opened, Daktronics reported net income of $8.7 million, or 20 cents per share, for its fiscal first quarter. Shares in Daktronics are up 93 cents to $12.92 in midday trading.
NEW YORK— Sanderson Farms fell sharply in trading Tuesday afternoon after its third-quarter profit was hemmed in by lower chicken processing volume and employee bonus payments. Shares of Sanderson Farms fell $6.03, or 6.3 percent, to $89.09 in afternoon trading.