Dow breaks 12-day record streak ahead of Trump speech
Several energy companies fell along with the price of natural gas.
A slide led by Target and other big retailers pulled USA stock indexes lower Tuesday, snapping a 12-day winning streak for the Dow Jones industrial average.
All the major indexes moved into record territory, with the DJIA up 303.31 points to 21,115.55 at the close of trading.
Ahead of his address, due at 9:00 p.m. EST (0200 GMT), Trump on Monday met U.S. state governors at the White House and said he sees "big" infrastructure spending and that he is seeking a "historic" increase in military spending of more than 9 percent. "The political uncertainty has been one of the factors holding the market back in the face of an improving economy". The benchmark Kospi finished up 11.01 points or 0.53 percent at 2,102.65, the highest level since February 23.
At the close, the Dow Jones Industrial Average fell 25 points to close at 20,812, the S&P 500 fell 6 to 2,364, the Nasdaq lost 36, closing at 5,825 and the Russell 2000 closed at 1,387 for a loss of 21. Nine months later, on October 19, 1987, the Dow plummeted more than 500 points, or about 22 percent, on what became known as Black Monday.
Billionaire investor and Berkshire Hathaway CEO Warren Buffet said Monday that the recent stock market surge might not be a short-term phenomenon and that investors should consider buying stock.
Shocking report: Subway chicken has only 50% chicken DNA
Subway Canada has issued a statement in defense of its chicken content, but says it is checking further with its supplier. Those establishments offered chicken that contained 84.9 to 90 percent chicken DNA.
Microsoft's Creators update gives users more control over privacy
Microsoft is also widening the "Active Hours" windows, allowing you to put off regular update times further. Users will be allowed to reschedule if the time originally decided upon turns out to also not be opportune.
Trump orders review of Obama rule protecting wetlands and streams
Passed under former President Barack Obama, the Clean Water Rule extends Clean Water Act protections to streams and wetlands. Farmers and ranchers care deeply about clean water, but this rule had significant flaws.
Stocks have rallied consistently since Trump's election, fueled by optimism that he would bolster business with tax reform and looser financial and environmental regulations.
"This helps justify the gains, as it isn't all based on hopes for tax reform or infrastructure spending", he said. "In summary, we did not learn much [on Tuesday] that would influence our economic outlook".
"The case for monetary policy tightening has become a lot more compelling", New York Fed President William Dudley told CNN. Banks led gains among all industries.
Mylan rose 7.4 percent as the generic drugmaker reported a 31 percent jump in quarterly revenue. Snap, which runs the Snapchat messaging app, will make its stock market debut later Thursday. The 10-year Treasury yield rose to 2.45 percent from 2.40 percent late Tuesday.
Mining giants BHP Billiton and Rio Tinto rallied 3-4 percent and South32 shares jumped over 9 percent after industrial metals advanced overnight. Crude oil declined, and gold fell to $1,249.80 per ounce as investors swarmed stocks. "Markets will be hanging on every word, looking for some tremendously wonderful concrete details of his administration's fiscal plans", said Jeffrey Halley, senior market analyst at OANDA.
Dave Chappelle Netflix Release Date Confirmed: Famed Comedian To Debut Stand-Up Specials
In 2014, Chappelle sold out an unprecedented 10 consecutive comedy performances at Radio City Music Hall. Chappelle is now on the road doing concert dates in preparation for a third Netflix special.
4 billion year-old fossils found in Canadian quartz
However, lead researcher Matthew Dodd is confident that his team's Canadian discovery will hold up to the scrutiny. Now the challenge for the researchers is to prove the structures were life and not just inorganic chemistry.
Spotify Moves On Hi-Res Streaming
According to a thread on Reddit , multiple users were offered upgrades to Hi-Fi at varying price points: $5, $7.50, and $10. This seems to be so-called A/B testing to discover how much extra users would be willing to pay for improved sound quality.
Macedonia president refuses to give opposition mandate
Ivanov said today he was "surprised by the Albanian parties' platform that goes against Macedonia's independence and sovereignty". The second biggest ethnic Albanian party, Bes, which has five seats, said it would hold an urgent meeting on Wednesday evening.
Simultaneous Taliban attacks kill at least 16 in Kabul
The gunfire was concentrated to a district police headquarters located near a military training school, Reuters reports. The carnage underscores rising insecurity from the resurgent Taliban in the war-scarred country.
Steelers place franchise tag on running back Le'Veon Bell
Brown has already caught 50 touchdowns in his career and will, barring injury, surpass 1,000 catches in the 2017-18 season. Steelers president Art Rooney II said Tuesday that signing Brown helps the Steelers continue towards their goal.
Xbox Game Pass announced by Microsoft
Xbox head Phil Spencer just announced a new way for players to enjoy the games they want for an unlimited amount of time. According to Kotaku , the Xbox Game Pass will start rolling out today as an exclusive for Xbox Live Gold subscribers.
Drone Strike Kills Al-Qaeda's Number Two Man
Earlier this month, al-Qaida senior member Abu Hani al-Masri was killed in a series of airstrikes in Syria, according to the U.S. Sherif Hazzaa, an Egyptian terrorist, said that al-Masri was dead and that he had spoken to him only a few days before in Syria.
Rangers acquire defenseman Brendan Smith from Wings
In 33 games this season, Smith has five points (two goals, three assists) in just over 18 minutes of average ice time this season. Multiple media outlets are reporting the picks would be second- and third-round selections in the 2017 entry draft.
Francis Kone saves unconscious goalkeeper's life after on-pitch collision
According to a report in the Mirror , Berkovec collided with his own defender Daniel Krch in the 30th minute and collapsed. Berkovec appeared well enough to show his gratitude to Kone via Facebook .