World Markets Indexes

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  • *Alphabet, Amazon prop up S&P, Nasdaq. *2nd- qtr GDP growth up 1.2 pct vs est. 2.6 pct. July 29- Wall Street rose on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month as gains in technology heavyweights Alphabet and Amazon more than made up for losses in energy shares.

  • *Alphabet, Amazon prop up S&P, Nasdaq. *2nd- qtr GDP growth up 1.2 pct vs est. 2.6 pct. July 29- Wall Street rose on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month as gains in technology heavyweights Alphabet and Amazon more than made up for losses in energy shares.

  • July 29- Wall Street turned positive in afternoon trading on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month, as gains in Alphabet and Amazon more than made up for losses in energy shares. Shares of Google's parent, Alphabet, rose 4.8 percent to $802.4, a day after the company posted strong quarterly revenue, while online...

  • LONDON/ MILAN, July 29- European shares rose on Friday helped by some encouraging company updates, with Kering gaining after its fashion brand Gucci recorded strong sales. Financial services were in demand, with the STOXX Europe 600 Banks index topping sectoral gainers with a rise of 2.1 percent before the the release later in the day of the results of Europe- wide...

  • news@ SAO PAULO, July 29- The Brazilian real strengthened more than its Latin American peers on Friday as the central bank refrained from intervening to curtail a rally triggered by lower expectations of U.S. rate increases this year. Stock markets seesawed following a heavy batch of corporate updates, with shares of Petróleo Brasileiro SA up after the...

  • "The results are further indications that the leaders in their respective spaces are taking market shares and it is very much a microcosm of the internet as a whole," Benchmark Company analyst Daniel Kurnos told Reuters. Alphabet's Class A shares rose 4.9 percent in early trading on Friday, boosting the company's market value by about $23 billion to $542 billion.

  • TORONTO, July 29- Canada's main stock index fell on Friday as economic data and energy earnings highlighted the damage done by a massive wildfire that hit oil sands production starting in May, with the index headed for its first weekly decline since mid-June. Both companies reported earnings that were negatively impacted by massive wildfires in northern...

  • However, the gains were held back by disappointing results from Exxon Mobil as well as news out of the Bank of Japan, which did not announce as much stimulus as many had hoped. The Dow was held back partly by a drop in the oil giant Exxon Mobil. Exxon fell $1.25, or 1.4 percent, to $88.95.

  • *Exxon, Chevron drop on weak results. July 29- The S&P 500 and the Dow were lower on Friday following weak economic data and poor earnings from oil majors Exxon and Chevron. "There is nothing in the markets to be excited about and we are at all-time highs, which is not justified," said Phil Davis, chief executive officer of PSW Investments.

  • NEW YORK— The latest on developments in global financial markets:. Schlumberger gained 2 percent and Chevron rose 1 percent. Exxon Mobil fell 2 percent Friday, the most in the Dow Jones industrial average, after reporting its smallest quarterly profit in almost 17 years.

  • NORTH CHICAGO, Ill.— AbbVie Inc. on Friday reported second-quarter profit of $1.61 billion. AbbVie expects full-year earnings in the range of $4.73 to $4.83 per share. AbbVie shares have climbed slightly more than 9 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 6 percent.

  • *However, futures were pressured by a 1 percent fall in oil prices, with Brent crude touching the $40 mark over worries of oversupply. *Wall Street managed to eke some gains at the close on Thursday, after strong earnings from Alphabet and Amazon.com helped lift spirits that were dampened after Ford's abysmal numbers and forecast. Amazon.com was up 1.5 percent at...

  • HOUSTON _ LyondellBasell Industries on Friday reported second-quarter net income of $1.09 billion. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.54 per share. LyondellBasell shares have decreased 9 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 6 percent.

  • LONDON, July 29- Emerging stocks were set for a second month of gains on Friday though they slipped off 11- month highs after Japan's new stimulus round disappointed markets, while a plunge in oil prices also weighed. Net outflows stand at $2.1 billion this year after a combined $100 billion loss in 2015 and 2014.. Emerging bond funds meanwhile received $3.5...

  • LONDON, July 29- The yen jumped on Friday and the biggest rise in Japanese government bond yields in years lifted sovereign borrowing costs around the world, after the Bank of Japan's latest measures to boost growth and inflation fell short of investor expectations. Japan's Nikkei rose, and European indices rose on the back of better-than-expected results...

  • SHANGHAI, July 29- Hong Kong shares ended down more than 1 percent on Friday, pressured by a selloff across much of Asia as fresh policy easing by the Bank of Japan failed to meet market expectations for bolder action. The Hang Seng index fell 1.3 percent to 21,891.37 points, while the China Enterprises Index lost 1.4 percent to 8,958.97 points.

  • SHANGHAI, July 29- China stocks closed lower on Friday as investors dumped small counters amid signs of a fresh regulatory clampdown on rampant speculation, which will hit excessively valued small caps. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.5 percent, to 3,203.93, while the Shanghai Composite Index lost 0.5 percent to...

  • *Topix volume, turnover highest since June 24. TOKYO, July 29- Tokyo stocks rose in volatile trade on Friday as banks and insurers gained, offsetting disappointment the Bank of Japan's policy easing fell short of investors' high expectations. Since a stronger yen has a much bigger impact to the equities market, it was not a satisfying outcome to stocks after all, "said...

  • SINGAPORE/ TOKYO, July 29- Asian shares slipped after touching a near one-year peak on Friday and the yen strengthened as the Bank of Japan's fresh stimulus measures disappointed markets, although Japanese stocks recovered on higher purchases of exchange-traded funds. European markets are set to be positive, with futures pointing to a flat start for...

  • MANILA, Philippines— Asian markets were mixed Friday after the Bank of Japan announced a modest expansion of its lavish monetary stimulus to perk up sluggish growth, sending the Japanese stock index up. In Southeast Asia, the stock indices of Indonesia and Malaysia were up, but Singapore's and Philippines' were down. The Bank of Japan ended a policy meeting Friday...