
General Electric's announcement that it will largely exit financial services helped lift US stocks in opening trade Friday as Apple began taking orders for its new watch.
Five minutes into trade, the Dow Jones Industrial Average was at 17,969.04, up 10.31 points (0.06 percent).
The broad-based S&P 500 rose 3.29 (0.16 percent) to 2,094.47, while the tech-rich Nasdaq Composite Index advanced 6.01 (0.12 percent) to 4,980.58.
GE surged 6.9 percent after announcing it reached deals to sell $26.5 billion in real estate assets as part of a plan to pare off most GE Capital assets over the next 24 months.
The industrial conglomerate also announced a new $50 billion share buyback program.
Apple slipped 0.8 percent as the tech giant began taking orders for the Apple Watch. First deliveries will begin in nine countries on April 24.
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor