Dow touches 23000 for 1st time: Hesitant start for Aus shares

Apple's stock accounts for over half of the Dow's gain

Apple's stock accounts for over half of the Dow's gain

The Dow Jones Industrial Average made it a grand slam for the year on Tuesday, as the world's most closely watched gauge for judging the strength of the US stock market hit 23,000 points for the first time.

"Good earnings news was already priced in to the stocks and the broader market", said analyst Patrick O'Hare.

The broader USA market was held back by losses in industrial, financial and technology stocks. The exits chopped $1.6 billion off revenue.

"Right now, we're contending with earnings season, and the fact that the market has run up, leading up to the earnings season".

Microsoft Hacked: Company Hid Breach Of Bug Tracking Database In 2013
That's partly because Microsoft relied on automated reports from software crashes to tell when attacks started showing up. The hackers are considered one of the most sophisticated and risky groups in operation, and continues to be active today.

UnitedHealth jumped 4.4 percent, lifting the Dow and the S&P the most, after the largest US health insurer's profit beat estimates and it raised full-year earnings forecast. The market from a technical perspective is exhausted.

US Treasury yields rose after strongest reading on import prices in more than a year pushed inflation expectations higher.

Wall Street closed mixed yesterday: The Dow Jones Industrial Average gained 0.18 per cent to close at 22,997 the S&P 500 gained 0.07 per cent to close at 2,559 and the NASDAQ lost 0.01 per cent to close at 6,624.

General Electric's 1.15 percent fall led losses in the industrial sector, while drop in shares of Microsoft and Intel weighed on the tech sector.

James doubtful for National Basketball Association season start
Smith would like nothing better than to star against the Celtics. "If LeBron can't go tomorrow JR will be there starting". Smith wanted to get used to coming off the bench, both physically and emotionally.

Seven of the 11 major S&P indexes were lower, led by a 0.37 percent drop in telecom services index .SPLRCL .

Netflix fell 1.25 percent after rising 2.3 percent in premarket as the online video streaming service added more subscribers than expected in the third quarter.

Declining issues outnumbered advancing ones on the NYSE by a 1.51-to-1 ratio; on Nasdaq, a 1.77-to-1 ratio favoured decliners.

Two Chinese nationals indicted in fentanyl trafficking operation
If convicted, Yan would face a maximum penalty of 20 years in prison; Zhang would face life in prison, prosecutors said. Fentanyl is a synthetic opioid pain medication, 50 time more potent than heroin and 100 times stronger than morphine.

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