Wall St slips ahead of French election

Wall St slips ahead of French election

Honeywell International Inc. boasted quarterly profit that exceeded analysts' estimates and boosted its full-year guidance.

Wall Street closed lower Friday as investors awaited this weekend's French presidential election and President Trump's "big announcement" on tax reform planned for Wednesday.

Of the 57 companies in the S&P 500 that have reported earnings through Wednesday morning, about 75 percent have topped expectations, according to Thomson Reuters data, above the 71 percent average for the past four quarters.

Overall, profits of S&P 500 companies are estimated to have risen 11.2 per cent in the quarter, the most since 2011.

Mounting tensions between North Korea and the United States have also kept investors cautious. "Friday should be a risk-off trading day ahead of the election".

The first round of France's presidential election might be too close to call when polls close today, because initial projections will not be available as early as in the past, pollsters and their watchdog said.

National Arbor Day event set for April 28
The city now has four large trees that have been cited as state champions due to their size, according to city staff. There are only three other higher education institutes in the state to receive the Tree Campus USA Status.

Oil prices were little changed in a seesaw trading session, as investors weighed rising USA production against comments from leading Gulf oil producers that an extension to OPEC-led supply cuts was likely. Revenue slipped 1% to $27.66 billion from $27.85 billion, but was above the FactSet consensus of $26.37 billion, as GE's power, renewable energy, oil-and-gas, aviation, health-care and transportation businesses beat expectations, while energy connections missed.

The Dow Jones Industrial Average advanced 94.51 points, or 0.5%, to 20,547.76 last week, while the Standard & Poor's 500 index rose 0.8% to 2,348.69.

Nasdaq 100 e-minis were up 8.5 points, or 0.16 percent, on volume of 20,789 contracts. The manufacturer's stock closed almost 3 percent higher. U.S. stocks rallied yesterday, with the Nasdaq closing at a record, as a round of solid earnings led by American Express pushed equities higher.

Key companies scheduled to report results on Thursday include Dow component Visa and toymaker Mattel.

Declining issues outnumbered advancing ones on the NYSE by a 1.09-to-1 ratio; on Nasdaq, a 1.22-to-1 ratio favored decliners.

The S&P 500 posted 28 new 52-week highs and one new low; the NASDAQ Composite recorded 92 new highs and 39 new lows.

Related Articles

  • Russell's HR caps 4-run 9th as Cubs top Brewers 7-4

    Russell's HR caps 4-run 9th as Cubs top Brewers 7-4

    LOUIS - Mike Leake threw 6 1/3 solid innings in his third straight quality start and a shaky bullpen got the job done in St. Hendricks walked Milone in the fourth - the first time in his four-year big league career that Hendricks walked a pitcher.

    Bulls guard Rajon Rondo out indefinitely with broken thumb

    Westbrook has averaged a triple-double the first two games of the series and dropped a 51-point triple-double on Wednesday night. Most of the guys seen as above quality players on the Celtics roster are only labeled that because of Brad's system.
    Nintendo Expected to Follow NES Classic With SNES Classic

    Nintendo Expected to Follow NES Classic With SNES Classic

    Nintendo stopped manufacturing the incredibly popular diminutive NES, as it was never meant to be a perpetually available product. Nintendo could already be well underway in manufacturing a new mini console due for release later this year, reports Eurogamer .
  • Morgan, Limestone unemployment drops below 5 percent; Lawrence rate also declines

    Morgan, Limestone unemployment drops below 5 percent; Lawrence rate also declines

    An increase in durable manufacturing employment of 3,000 positions was partially offset by a 200-job decline in nondurable goods. Johns, Nassau, Clay and Baker counties - was down from the March, 2016 figure which was 4.6 percent.
    Ontario to tax foreign buyers, expand rent control to cool housing market

    Ontario to tax foreign buyers, expand rent control to cool housing market

    Ontario has opened the door to a similar tax for Toronto, though it will be up to the city to determine whether one is adopted. The plan also includes establishing timelines for elevator fix so that they aren't broken so often in condos and apartments.
    Instagram for Android now has offline mode

    Instagram for Android now has offline mode

    The next time your phone accesses the internet, Instagram will go back through this history and complete each of those actions. However, you will be able to view all activities that took place on your Instagram field as soon as you reconnect.
  • LeBron, Cavs escape with 109-108 win over Pacers in Game 1

    LeBron, Cavs escape with 109-108 win over Pacers in Game 1

    The Washington guard duo combine to average almost 44 points a game, and Wall is among the top assists men in the league. Boston comes into the playoffs as the surprise top seed in the East, and the Celtics are brimming with confidence.

    VP Pence arrives in Australia, last stop in Asia

    Afterwards, he met religious leaders from various faiths, including Muslims, Christians, Buddhists, Hindus and others. Southeast Asia's largest economy is one of 16 nations now under review for having a trade surplus with the US.
    French candidates boost security ahead of tense vote

    French candidates boost security ahead of tense vote

    Given the funding gaps they now have on their loan books, a Le Pen government would seriously threaten their resilience. Le Pen's deputy Florian Philippot fired back: "You'll see, we'll soon be sticking your oligarchic rag in the cupboard".
  • Bill Murray Has A Classical Album Out This Summer

    Bill Murray Has A Classical Album Out This Summer

    Check out Bill's singing chops as he was joined with Miley Cyrus for his Netflix special - A Very Murray Christmas . It will be followed by a North American tour and album release in August.
    First photos from 'Game of Thrones' season 7 are here

    First photos from 'Game of Thrones' season 7 are here

    Based on this quote and HBO's latest photo, we can't wait to see exactly what this means for Cersei's rule in King's Landing. Watchers will remember the unspoken attraction Tormund showed the stoic Brienne of Tarth (Gwendoline Christie ) last season.
    NFL Schedule Released For All 32 Teams

    NFL Schedule Released For All 32 Teams

    New England's third straight afternoon contest will see the team host Cam Newton and the Carolina Panthers . The Westgate Las Vegas SuperBook gives them 25-1 odds to win Super Bowl LII, tied for 11th-best in the NFL.