NEW YORK: Wall Street shares ended little changed Wednesday with investors cautious about the economic outlook at the kickoff of the corporate earnings season.The Dow Jones Industrial Average ended with a gain of 14.81 points (0.18 per cent) to 8,178.41, after wobbling in and out of positive territory.
The tech-heavy Nasdaq composite eked out a gain of 1.00 points (0.06 per cent) to 1,747.17 and the broad-market Standard & Poor’s 500 index lost 1.47 points (0.17 per cent) to 879.56.
Analysts at Charles Schwab & Co said that in the absence of fresh economic news, the market awaited the kickoff of corporate earnings seasons for clues on an economic recovery.
“Corporate bottom lines are likely to come under scrutiny this season as the Street is looking for signs of growth outside of aggressive cost cutting,” the analysts said.-- AFP
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About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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