Markets Right Now: Stocks edge lower in early trade
Stock indexes ended a choppy day of trading slightly lower as the market struggled to find direction a day after another steep drop.
Canada's main stock index posted its biggest gain in more than six weeks on Thursday, led by resource and financial shares, but still suffered its deepest quarterly decline in two-and-a-half years.
Tesla plunged 7.7 percent after Moody's downgraded its credit rating.
The tech sector fell 4% for March but still remains at the top of the 2018 sector standings with a YTD gain of 3.2% vs. a 1.2% YTD loss for the S&P 500.
The Dow Jones industrial average slipped 9 points to 23,848.
The S&P Energy index .SPNY posted the biggest loss of the 11 major S&P sectors, ending 1.99 percent lower as crude prices .LCOc1 fell after data showed a surprise build in USA stocks.
Stocks had jumped earlier in the week as trade war fears ebbed following comments from officials in the United States and China that implied the world's two largest economies would renegotiate tariffs and trade imbalances.
Stocks are closing out a volatile quarter with another surge in technology companies, which have been on a roller-coaster ride this week.
The Nasdaq is up 160.05 points, or 2.3 percent. First Quantum gained 8.5 per cent, Lundin Mining added 5 per cent and Teck Resources was up 4.5 per cent.
Lehmann to step down as Australia head coach
It is about the integrity and reputation of Australian Cricket and Australian sport. The first one-day global is at The Oval on 13 June.
West Indies captain Brathwaite skips Pakistan T20s over security concerns
To a question, he said that the doors of global cricket have been opened for Pakistan and more teams will also visit Pakistan now. The three fixtures will be played on April 1, 2 and 3 at the National stadium in Karachi.
Smriti Irani questions Kapil Sibal's land deal, Congress leader hits back
He also said that to his knowledge, there were no proceedings of money laundering against anybody and if there were, the person concerned should be asked about them instead.
Facebook, which has been pummeled in recent days over privacy concerns, edged up 0.8 percent.
The yield on 10-year Treasury notes US10YT=RR fell to seven-week lows of 2.7662 percent on rising demand for safe havens.
The tech-heavy Nasdaq's .IXIC slim 0.66 percent rise is keeping it on course for its seventh straight quarter of gains. The Nasdaq Composite added 34.95 points, or 0.5 percent, to 6,984.17.
The Dow is down 616.11 points, or 2.5 percent. The stock later pared its loses to end the day down 4.4 percent.
The Russell 2000 is up 19.34 points, or 1.3 percent.
Core PCE, the Federal Reserve's favored gauge of inflation, rose 1.6 percent on an annualized basis, in line with economists' expectations. The S&P 500 gained 11.72 points, or 0.449904 percent, to 2,616.72.
The Dow Jones industrial average gave up 22 points, or 0.1 percent, to 23,830.
Advancing issues outnumbered declining ones on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.22-to-1 ratio favoured decliners.
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