Saudi Arabia, Ghana strengthen agricultural ties during ministerial tour    Saudi Arabia achieves highest rating in UN's competition law systems report    AlUla partners with Riyadh Air to enhance Saudi Arabia's travel offerings    Red Sea Global celebrates graduation of first batch of International Hospitality Management students    Saudi Arabia bolsters digital government ties with the UK    Muslim World League inaugurates first Southeast Asian scholars council in Kuala Lumpur    Saudi Arabia welcomes UN General Assembly's endorsement of Palestine's full membership    Israeli occupation kills 28 Palestinians, injures 69 others in Gaza    UN agency says 150,000 Palestinians have fled Rafah    Al Hilal clinches Saudi Professional League title in a star-studded season    Saudi authorities recall contaminated mayonnaise after food poisoning incident at Riyadh restaurant    Al Ettifaq inflicts historic 5-0 defeat on Al Ittihad in Saudi Professional League    Saudi Arabia, Nigeria discuss agricultural cooperation and food security    Domestic tourism soars in China but foreigners stay away    Saudi science and engineering team heads to Los Angeles for Regeneron ISEF 2024    Israel heads to Eurovision final, despite protests    Rat remains found in bread sparks Japan recall and refunds    JAX District earns industrial heritage site designation in Saudi Arabia    Turki Alalshikh unveils exclusive watch to commemorate 'Ring of Fire' heavyweight title fight    Al Hilal on verge of Saudi League title with thrilling win over Al Ahli    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Wall Street Closing
Published in Saudi Press Agency on 06 - 09 - 2013

U.S. stocks closed mixed Friday, due to a lackluster August jobs report and more concerns about Syria.
In U.S. economic news, after initially pushing stocks higher on the prospect that the Federal Reserve (Fed) might delay its plans to taper in September, investors quickly shifted their attention to the G20 meeting in St. Petersburg. Russian President Vladimir Putin spooked the markets with comments about his support for Syria. The indexes briefly tumbled after Putin told reporters that Russia would continue arms sales and provide aid to Syria if the nation were attacked. Putin's comments came as U.S. President Obama seeks international and domestic backing for military action against Syria in response to the Syrian's government's alleged use of chemical weapons against its own people last month. The weak August jobs report led some investors to think that the Fed may hold off on plans to start trimming its bond buying program later this month.
In corporate news, Smith & Wesson shares tumbled after the gun maker reported a disappointing outlook for the current quarter. Facebook shares rose 3 percent. The social network's stock hit a new 52-week high of $44.61 and is inching closer to its all-time high of $45. Social networks LinkedIn and Yelp were also moving sharply higher. J.C. Penney shares got a small lift after billionaire media mogul and Dallas Mavericks owner Mark Cuban told CNBC he has purchased 1 million shares of the struggling Plano, Texas-based retailer.
The dollar gained ground against the euro and the yen, but lost ground versus the pound. Light sweet crude oil for October delivery rose $2.16 to $110.53 a barrel on the New York Mercantile Exchange. Gold futures climbed $13.50 to $1,386.50 an ounce.
The Dow Jones industrial average fell 14.98, or 0.10 percent, to 14,922.50. The broader Standard & Poor's 500 index gained 0.09, or 0.01 percent, to 1,655.17. The technology-heavy Nasdaq composite index moved up 1.22, or 0.03 percent, to 3,660.01.


Clic here to read the story from its source.