How major U.S. stock indexes fared on Thursday

  • How major U.S. stock indexes fared on Thursday

How major U.S. stock indexes fared on Thursday

The Standard & Poor's 500 index rose 13 points, or 0.5 percent, to 2,852.

Toronto-Dominion Bank fell 0.5 per cent to $74.05, while Bank of Nova Scotia was down 0.2 per cent at $81.71.

Dow Jones industrial average futures gained 100 points, while S&P 500 and Nasdaq 100 futures advanced 8 points and 37 points, respectively.

Yamana Gold Inc. rose almost 2.3 per cent to $4.51 and Alamos Gold Inc. gained 3 per cent to $7.86.

Strong earnings from Intel and other companies drove Wall Street indexes to record closing highs on Friday, while the U.S. dollar remained weak after recent comments by the U.S. Treasury secretary.

As of Thursday, 77 percent of the S&P 500 companies that had reported surpassed earnings expectations, while 79 percent of those companies had beaten sales estimates, according to USA financial information company FactSet.

Gilead Sciences GILD.O jumped 4.4 percent after broker upgraded to "buy".

Gross domestic product increased at a 2.6 percent annual rate in the fourth quarter, the Commerce Department said in its advance GDP report. For the week, the MSCI index was up 2 percent.

Spot gold XAU= was up 0.3 percent at $1,351.86, up 1.5 percent this week. The Nasdaq gained 94 points, or 1.3 percent, to 7,505.

Starbucks SBUX.O fell 5.8 percent after it warned 2018 global cafe sales growth would be at the low end of its forecast.

Another set of data showed new orders for key USA -made capital goods unexpectedly fell in December.

Brent crude futures settled up 10 cents, or 0.1 per cent, at $70.52 per barrel after hitting a session high of $70.83. S. stock market, helping investors shrug off weaker-than-expected U. S.