WASHINGTON (Reuters) – U.S. President Donald Trump and a group of lawmakers from the Senate and House of Representatives will meet at the White House on Wednesday to discuss their disagreement over how to penalize Chinese telecommunications company ZTE Corp , a White House spokeswoman said.
Yahoo Finance’s Alexis Christoforous and Jared Blikre break down the latest market action after Walgreens replaces General Electric in the Dow Jones Industrial Average — 122 years after first being handpicked by Charles Dow himself.
Here’s the performance of the components of the Dow Jones Industrial Average as of 10:30 am ET:
DIS Disney (Walt) Co 1.56%
MSFT Microsoft Corp 0.66%
V Visa Inc 0.50%
PFE Pfizer Inc 0.46%
BA Boeing Co 0.32%
JPM JPMorgan Chase & Co 0.28%
AAPL Apple Inc 0.21%
INTC Intel Corp 0.17%
MRK Merck & Co 0.10%
UTX United Technologies 0.10%
KO Coca-Cola Co -0.08%
AXP American Express Co -0.06%
NKE Nike Inc Cl B -0.12%
CSCO Cisco Systems -0.21%
GS Goldman Sachs Grp -0.24%
XOM Exxon Mobil -0.31%
UNH UnitedHealth Grp Inc -0.32%
HD(HB) Home Depot Inc -0.37%
WMT Wal-Mart Stores -0.37%
IBM Intl Business Machines Corp -0.42%
GE General Electric Co -0.43%
CAT Caterpillar Inc -0.52%
MMM 3M Co -0.51%
CVX Chevron Corporation -0.62%
MCD McDonald’s Corp -0.62%
JNJ Johnson & Johnson -0.69%
DWDP DowDuPont Inc -0.72%
PG Procter & Gamble Cc -0.77%
VZ Verizon Communications -1.09%
TRV The Travelers Companies Inc -1.14% …read more […]
(Reuters) – Technology and media stocks pushed Wall Street higher on Wednesday and helped the Nasdaq hit a record high, as markets eyed a recovery after being battered by a rapidly escalating China-U.S. trade tensions.
Monthly dividend stocks are popular with investors – and with good reason. Monthly payments line up better with monthly bills, particularly for retirees living off investment income. Over time, there’s even a modest incremental benefit from compounding, particularly for investors successfully using DRIP plans. …read more […]
Realty Income’s (O) July 2018 dividend payment will marks its 83 consecutive quarterly increases, as well as payment of more than $5.5 billion throughout the company’s 49-year operating history. …read more […]
CANNES, France (Reuters) – WPP needs radical change to stay ahead of the digital revolution reshaping the industry and its clients, the man now steering the world’s largest advertising group said.
(Reuters) – Berkshire Hathaway Inc, Amazon.com Inc and JPMorgan Chase & Co on Wednesday named Atul Gawande as the chief executive officer of their health venture.
(Reuters) – Walt Disney Co raised its bid for Twenty-First Century Fox Inc assets to $71.3 billion on Wednesday, sweetening its offer with cash as it looks to scuttle Comcast Corp’s $65 billion offer last week.
(Reuters) – U.S. stocks rose at open on Wednesday led by technology and media stocks after a punishing few sessions due to a rapid escalation in trade tensions between the United States and China.
(Reuters) – OxyContin maker Purdue Pharma LP, facing a wave of lawsuits blaming it for helping fuel the U.S. opioid epidemic, said on Wednesday it had laid off about 350 employees this week including the remainder of its already-downsized sales force.
(Reuters) – U.S. stocks looked set for a bounce on Wednesday after being battered in the past few sessions following a rapid escalation in trade tensions between the United States and China.
(Reuters) – Walt Disney Co sweetened its bid for Twenty-First Century Fox Inc assets to $71.3 billion on Wednesday, topping Comcast Corp’s $65 billion offer last week.
Skyworks Solutions, Sierra Wireless, and Cypress Semiconductor don’t have the same name recognition as big tech companies, but they have the potential to be some of the biggest winners in the IoT space. …read more […]
BRUSSELS (Reuters) – The European Union will begin charging import duties of 25 percent on a range of U.S. products on Friday, in response to U.S tariffs imposed on EU steel and aluminum early this month, the European Commission said on Wednesday.
Although overlooked by the investors, Occidental Petroleum (OXY) looks well-positioned for a solid gain, supported by a favorable Zacks rank and positive estimate revisions. …read more […]
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