TELETRADER News
8/4/2016, 10:10 PM (Source: TeleTrader)
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Closing bell: Flat end ahead of jobs report

Most of the stocks in the United States ended roughly flat on Thursday, with exceptions of the companies which reported earnings, depending on the results. Pressure from Brexit has faded after the Bank of England cut key interest rate to 0.25% after seven years. Investors' attention slowly focused on all-important job report due on Friday.

The Dow Jones Industrial Average finished 0.01% lower at 18,352 points. Visa and Intel were the best performers, while Walt Disney and Home Depot contributed most to the losses at the blue-chip index.

The S&P 500 edged up 0.02% to close at 2,164 points. Ball Corporation jumped 12%, while MetLife took hit on disappointing earnings, losing almost 10%.

The Nasdaq 100 added 0.20% to end at 4,743 points. Micron rose 3.85% and Henry Schein and TripAdvisor dropped almost 9% each.

The Nasdaq Composite rose 0.15% to finish at 5,167 points.

Oil prices were higher: WTI settled up 1.46% at $41.76 a barrel, while Brent rose 1.66% to $44.16 a barrel at the end of trade on Nymex, with virtually the same prices at ICE Futures Europe.

The U.S. dollar fell 0.34% against the Canadian dollar and held up 1.33% versus the depreciating British pound. The greenback added 0.17% compared to the euro and was 0.05% weaker compare to the Japanese yen at 10:05 p.m. CET.

Breaking the News / ZR