: :inin Kyiv (EET)

US indexes move higher; Amazon gains, Macy’s drops


A modest gain for the stock market on Wednesday tugged the Dow Jones industrial average back into the black for the year as investors set aside concerns about Ukraine, Iraq and earnings, at least for a day.Amazon led the gains in light trading, despite a mixed batch of economic and corporate news. The gains were broad but thin. Three companies rose for every one that fell on the New York Stock Exchange, and all 10 sectors in the S&P 500 ended higher.”This is a very resilient market,” said Uri Landesman, president of Platinum Partners, a hedge fund in New York.Markets …read more

Source: The Jakarta Post

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