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Stocks peaked after record record hit, rising energy price



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US stocks rose as the S & P 500 closed high on Thursday. Treasury yields stabilized and energy prices rose amid geopolitical agony.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em)^ GSPC) rose 0.24%, or 6.98 points, at 11:10 pm. ET and reached the new all-time high during the day of 2,964.14 points, jumping over the highest Thursday's high-stakes home. The Dow (^ DJI) rose by 0.5% or 132.72 points, while the Nasdaq (IXIXThe S & P 500 (GSPC) rose 0.24% or 6.98 points from 11:10 am. and increased compared to the previous quarter, recording an increase of 0.21% or 14.96 points. (DjI) increased by 0.5% or 132.72 points, while the Nasdaq (IXIC) increased by 0.21% or 14.96 points.

Stocks hit this week amid signs of looser monetary policy by the US Federal Reserve, the Bank of England and the Bank of Japan.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = Their performance by traders earlier in the week is cool. The 10 year performance (^ TNX) rose 2.6 basis points to 2,037% after dropping below 2% for the first time since November 2016 on Thursday. Treasury yields arrived on Friday, recovering slightly as transactions blocked earlier this week. The 10-year yield (TNX) rose 2.6 percentage points to 2,037% after breaking below 2% for the first time since November 2016 on Thursday. Returns are reversed in prices.

<p class = "canvas-atom canvas-text Mb (1.0) Mb (0) – sm Mt (0.8e) – sm"quarterly adjustment& nbsp; of S & amp; P 500. This implies adjustment to the representation of the 500 companies including S & P 500 and will affect stock exchanges (ETFs) and other funds that monitor the index. Indicative adjustments tend to lead to a higher volume of transactions as portfolio managers shift their holdings to align with the adjusted index. Balance restoration takes effect in the spring market on June 24th. Friday marks the last trading session prior to the S & P 500 S & P 500 quarterly adjustment of the Dow Jones S & P. This includes an adjustment to the representation of 500 companies including the S & P 500 and will affect stock exchanges (ETFs) and other funds that monitor the index. opened the market on 24 June.

In addition, Friday will see the simultaneous termination of futures and stock option contracts, stock options and stock option contracts. This quarterly event – also called "quadruple witchcraft" – also tends to cause higher volume of transactions and volatility.

<p class = "canvas-person canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text"RB = F) fell more than 3.5% after blasts and major fires broke out at Pennsylvania's largest oil refinery. The fire, which resulted from a butane bunk in Philadelphia Energy Solutions, contained but was not checked from Friday morning, according to the & nbsp;multiple& nbsp;References. At the same time, petrol contracts (RB = F) rose more than 3.5 percent after blasts and major fires broke out at Pennsylvania's largest oil refinery. The fire, which came from a Butane Cellar in Philadelphia Energy Solutions, contained but was not checked from Friday morning, according to many reports.

Traders work on the main floor after the New York Stock Exchange (NYSE) opening door in New York on June 20, 2019. REUTERS / Brendan McDermid

Crude oil prices continued to rise on Friday amid a staggered rise in crude oil prices. between the United States and Iran. President Donald Trump ordered military strikes in Iran before the rejection, & nbsp;according to the New York Times, as Tehran landed the US cruise ship on Thursday. "Crude oil prices continued to rise on Friday in view of the escalation of tensions between the US and Iran, while President Donald Trump ordered the military strike action in Iran before the denial." The New York Times, after Tehran, destroyed on Thursday a US plane.

<p class = "canvas-person canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Friday morning, Trump wrote in & nbsp;Twitter message seriesthat he "stopped the strike shortly before the start and that" it was not rushed "to escalate tensions with Iran." Twitter message series that he stopped the strike just before he started and that he was "not rushed" to escalate tensions with Iran.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em)CL = F) rose 0.14% to $ 57.15 a barrel on Friday, adding earnings of over 5% during Thursday's session. Brent crude oil prices (BZ = Ffutures for domestic crude oil (CL = F) rose 0.14% to $ 57.15 a barrel on Friday, adding earnings above 5% (BZ = F), the international benchmark index, increased by 0, 7% to $ 64.90 a barrel.

ECONOMY

<p class = "canvas-atom canvas-text Mb (1.0e) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = both in manufacturing and in the services sector. & nbsp;IHS Markit & amp;& nbsp; U.S. Pat. (PMI) declined to 50.1 units per share in June's apparent readings, nearly 10 years. US business growth declined to the lowest level in more than three years, as it did during the year. (IMS Markit), IHS Markit's PMI (Manufacturing Purchasing Manufacturing Purchasing Managers) declined to 50.1 units per share in December at the June reading, almost 10 years low, below May reading 50.5 and expectation of consensus to read remains unchanged from May to June.

Meanwhile, IHS Markit's PMI declined to 50.7 in June, down from 50.9 in May and suffering despite expectations of consensus. The June PMI service activity was the lowest reading in 40 months. Overall, the US composite PMI was registered at 50.6, the lowest level in almost three and a half years.

INVENTORIES

<p class = "canvas-person canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em)Canopy Growth Corporation (CGC, WEED.TO) per quarter adjusted losses and gross margins missing from expectations of consensus. "data-reactid =" 40 ">Canopy Growth Corporation (CGC, WEED.TO) per quarter adjusted losses and gross profit margins missing from expectations of consensus

The largest hemp in the world reported quarterly losses before interest, taxes, depreciation and amortization of C $ 98 million (or about $ 74 million), against losses of $ 64 million expected according to Bloomberg data. Adjusted gross margin – a benchmark as investors' index for profitability for members of the emerging industry – shrank to 16% for the quarter ended March 31. That was below expectation for unanimity for 24%. At the top of the line, revenue of $ 94 million was projected for C $ 92 million.

<p class = "canvas-person canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em)Red hat (RHT), an open source software vendor, reported results of the first quarter that reached well above expectations of consensus. Adjusted earnings per share of $ 1.00 amounted to 14 cents, while revenue of $ 934.1 million was slightly higher than expected. Subscription revenues rose to $ 815 million, up 15% from last year. IBM (IBM) is going to buy Red Hat into a deal worth $ 34 billion, the two companies & nbsp;announced in October."data-reactid =" 46 ">Red hat (RHT), an open source software vendor, reported results of the first quarter that reached well above expectations of consensus. Adjusted earnings per share of $ 1.00 amounted to 14 cents, while revenue of $ 934.1 million was slightly higher than expected. Subscription revenues rose to $ 815 million, up 15% from last year. IBM (IBM) is to buy Red Hat into a $ 34 billion deal, the two companies announced in October.

<p class = "canvas-person canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em)Emily McCormick is a journalist for Yahoo Finance. Follow it on Twitter: @emily_mcck"data-reactid =" 48 ">Emily McCormick is a journalist for Yahoo Finance. Follow it on Twitter: @emily_mcck

<p class = "canvas-person canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em)Read more of Emily:"data-reactid =" 49 ">Read more of Emily:

<p class = "canvas-person canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em)Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and reddit."data-reactid =" 56 ">Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and reddit.

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