Trading in stock markets is cautious and the dollar is slightly weaker as investors look ahead to an expected interest rate increase by the Federal Reserve.
At 3:13 p.m., the Dow Jones Industrial Average was down 34.93 points, or 0.17 percent, to 20,915.17, the S&P 500 had lost 5.85 points, or 0.25 percent, to 2,379.41, and the Nasdaq Composite had dropped 5.46 points, or 0.09 percent, to 5,894.59.
While the Fed raised interest rates by 25 basis points on Wednesday, it kept to its original forecast of three rate hikes this year, disappointing investors who were expecting four. Yields hit a session high of 3.156 percent in afternoon U.S. Trading.
The normalisation of Fed monetary policy also pushed some emerging market central banks to follow suit: China's central bank increased short-term interest rates for the third time this year in a move seen aimed at curbing capital outflows and supporting the yuan.
"It was a well-prepared hike, and when you consider the fact that Yellen and Co kept the outlook for growth and inflation largely unchanged, I would call this a dovish hike", said DZ Bank analyst Rene Albrecht, in Frankfurt.
Holdings of the world's largest gold-backed exchange-traded fund, New York-listed SPDR Gold Shares (GLD), fell 0.28% on Thursday, the first outflow this week. The Australian dollar stood at $0.7676, having gained 2 percent on Wednesday trading in NY.
The central bank yesterday raised rates by a quarter point to 0.75-1.00 per cent, nodding to the continued strength in the labour market and a pickup in inflation.
Dutch Prime Minister Mark Rutte's party won a parliamentary election victory over anti-Islam lawmaker Geert Wilders.
Oracle surged to a record high of $46.99 and was last up 6.7 percent at $45.93 after the business software maker issued a better-than-expected quarterly profit.
Gold rose $2.90 to $1,230.00 per ounce. Meanwhile, Sydney's S&P-ASX 200 rose 0.2%.
But a softening of the joint draft statement's language on trade, removing a rejection of protectionism, speaks to a promised rise in USA tariff barriers which has so far largely been seen as dollar-positive.
Oil prices rebounded after the International Energy Agency said in its latest monthly report that OPEC crude producing nations were complying with a landmark deal to curb a global supply glut. It was fractionally higher at $1.07715 in early trade, after two days of strong gains, and set to end the week up 0.9 percent.
Oil prices slipped as support from a weaker dollar was offset by USA crude inventories near record high levels. The dollar slipped to 113.02 Japanese yen from 113.26 yen.
CURRENCIES: The euro from dipped to $1.0746 from $1.0749 late Thursday, and the British pound fell to $1.2367 from $1.2358.
Theresa May rebuffed Nicola Sturgeon today by saying "now is not the time " for another Scottish independence referendum. Sturgeon said she was not turning back on further discussions should United Kingdom government change its mind.
Officials attend a ceremony held beside the Airbus A330-200 after it touched down at Mehrabad Airport in Tehran. IranAir is also in talks to finalise a deal to buy 20 aircraft from European turboprop maker ATR.
The stock closed during normal trading hours at $255.73 a share, down $2.27 for the day, then jumped 2.2% to $261.40. Elon Musk must to raise at least US$1.15 billion more to bring his more affordable Model 3 to market.
Michael Orozco is the most experienced right back, and Cameron also is a possibility - even though he plays in midfield for Stoke. Top young talent DeAndre Yedlin and Eric Lichaj would have made the roster if they were not now injured, a U.S.
The situation is such that in states like UP there are no tall leaders who can revive the party anymore. It seems the voters turn on the Congress in places where Rahul spearheads the party's poll campaign.
Staples, Inc . ( SPLS ) revealed that results for its fourth quarter and fiscal year ended January 28, 2017. The company said earnings will be 15 cents to 18 cents a share in the first quarter, excluding some items.
African migrants often head to Yemen, as it is a transit point to Saudi Arabia, where they seek jobs and a better life. He says the helicopter then stopped firing but only after more than 30 Somalis had been killed.
The majority ruled the districts, drawn in 2011 , violated both the 14th Amendment and the federal Voting Rights Act . The panel found that Republicans had used race as a motivating factor in gerrymandering the districts.
A witness, Pedro Tapiak, told the News and Observer of Raleigh that spreading flames caused a construction crane to collapse. By 1 a.m., the fire was under control with crews still spraying the burnt structure with water to extinguish any hot spots.
The revamped travel ban explicitly exempts holders of valid visas or legal permanent residents, as well as citizens of Iraq. Fourteen state attorneys general and 58 technology companies have filed amicus briefs supporting Hawaii's challenge.
The university and its football program faced NCAA sanctions in the fallout of Sandusky's charges and conviction. Penn State's overall costs related to the Sandusky scandal are reportedly approaching a quarter-billion dollars.
Trump may have been attempting to somehow make light of either his own claims, or Merkel's history as a target of the NSA. The responsibility for housing refugees, Merkel added, was something the two leaders had "an exchange of views" on.
Another top priority for Mnuchin at the summit will be addressing currency valuations among the world's 20 top economies. He also said that for trade, he views the European Union as both a single bloc as well as individual countries.
Chelsea manager Antonio Conte could extend Chelsea's gap at the top to 13 points as second-place Spurs don't play until Sunday. Match Stat: Chelsea have only won two of their last seven games away to Stoke in all competitions.
A bill that would take away some powers from the attorney general and give them to the governor likely will not pass this session. If people decide to do that, Senator Estes says it would allow them to use whichever gender is marked on the certificate.
When the man drives off, a woman can be seen jumping out of the vehicle's boot while it is still moving. According to AL.com , the 25-year-old woman was abducted at gunpoint from her apartment in Avondale.
Asked about the deal at a news conference the White House spokesman Sean Spicer referred questions back to the Kushner Companies. According to details of a proposed agreement viewed by Bloomberg , Anbang appears ready to step in and save the day.
Jim will also act as an executive producer on " Young Sheldon ", with child actor Iain Armitage nabbing the lead role. As previously reported, 9-year-old Iain Armitage will play the boy genius, and Zoe Perry will play his mother Mary.
Of the remaining counties, all but Cape May will be under a winter storm warning from Monday evening through most of Tuesday. The markets affected include New York City , Newark, Boston, Washington D.C, Philadelphia and Baltimore.
Virtually every mock draft has Jones going in the first round, with some forecasters having him off the board in the Top 10. The 6-foot, 180-pound Jones had eight interceptions in three seasons with Washington, including a career-high four in 2015.
He added, "If tension will increase (between the two countries) because of my visit, then let it increase". Turkish attempts to hold rallies in Germany, Austria, Switzerland and the Netherlands have been blocked.
As per sources, his role in Samajwadi Party rests on the question on who the 47 odd newly elected legislators will ally with. Both Shivpal and Mulayam had objected to an alliance with the Congress, which has proved to be a disastrous alliance.
However, that is not enough for the company and it was to delve even deeper into your smartphones that it launched Gboard . As you start typing, the Google Translate technology will instantly output your phrase in a language of your choice.