Economy minister discusses economic cooperation with German minister    Saudi Crown Prince congratulates new Japanese PM Sanae Takaichi    At UNCTAD, Saudi Arabia affirms commitment to sustainable economic transformation    Saudi justice minister, Italian counterpart agree to enhance judicial cooperation    TGA: Autonomous vehicle service beneficiaries surpass 950 in Riyadh    103 million orders delivered in Saudi Arabia in 3Q 2025    Yapı Merkezi reaffirms its commitment to Saudi Arabia with the opening of its regional headquarters in Riyadh A new step in Turkish Saudi cooperation    OMODA 4 Media Preview: Shaping the future of mobility with media and users    Belgian resistance holds up €140 billion loan for Ukraine at EU summit    Trump says he's ending trade negotiations with Canada    EU, US impose new sanctions on Russia to force ceasefire in Ukraine    Egypt joins EU funding program Horizon Europe    Riyadh Season 2025 draws 1 million visitors in 13 days    Athar Festival 2025 opens in Riyadh with record attendance, new creative streams, and Saudi-first innovations    Qatar clinch 2026 World Cup berth with 2-1 win over UAE in Doha    'India's Picasso' is breaking auction records — enraging the Hindu right    D'Angelo, Grammy Awardwinning R&B singer, dead at 51    Splash unveils new winter collection featuring Maya Diab    India players refused handshakes, says Pakistan coach    Adolescence star Owen Cooper makes Emmys history at 15    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    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.