Gross domestic product increased at a 2.6 percent annual rate in the fourth quarter, the Commerce Department said in its advance GDP report. The Nasdaq Composite .IXIC was up 45.65 points, or 0.62 percent, at 7,456.81.
Intel's (O:) shares jumped more than 9 percent to their highest in nearly two decades, after strong results offered the clearest sign yet that its years-long effort to shift away from a slowing PC business was paying off.
Honeywell (N:) rose 1.2 percent after the company raised its forecast for 2018 profit.
As of Thursday, 77 percent of the S&P 500 companies that had reported surpassed earnings expectations, while 79 percent of those companies had beaten sales estimates, according to US financial information company FactSet.
Weakness in the dollar, which is supportive for large multinational companies, continued.
Also lifting the index were gains in Pfizer (PFE.N), up 4.78 percent after a European regulator recommended granting marketing approval to a diabetes drug developed by the company and Merck (MRK.N), up 1.21 percent.
U.S. Treasury prices ended mostly higher, with the benchmark 10-year yield sliding 3 bps to 2.62% and the two-year yield finishing flat at 2.08%. The Nasdaq composite rose 41 points, or 0.6 percent, to 7,457.
The dollar was last down 0.44 percent against a basket of currencies ().
The summit will set the agenda for the 30th ordinary session of heads of states and governments which will start on January, 27th. She said corruption is the major source and elements of financial flows which drains tremendous resources from the continent.
Besides, ample stocks position following higher supplies from producing regions too fuelled the downtrend. Dollar. 2017 began with oil prices climbing in the $45-55 range to end the year near $67 a barrel.
There is some forecast guidance that suggests colder weather will return to the central U.S.by early February. Clouds will be increasing across the Midlands on Thursday in advance of the next weather system.
Incidentally, the ruling Congress too has been shying away from negotiations as the party has been backing Goa since May 2007. The pro-Kannada organisations and organisations of farming communities had earlier also called for bandh over the dispute.
Chris Coons of DE said an ultra-conservative plan from the White House "absolutely could" destabilize the bipartisan talks . Dick Durbin (D-Illinois) tells WMBD he doesn't see it that way because of the deal struck with Sen.
The Presidents Club says it is to close following allegations that hostesses were groped at its men-only annual charity dinner. Furious women politicians in the United Kingdom parliament lined up to denounce the behaviour described in the article.
Sen. "Members on both sides of the aisle will look to this framework for guidance as they work towards an agreement". Arkansas United Community Coalition reacted to the news with what it called "mixed emotions and caution".
Boeing loses bid for trade relief against Bombardier
The aircraft decision ruling paves the way for Bombardier to begin deliveries of Canadian-built CS100 jets to Delta this year. In a statement, Bombardier said the ITC's decision was a "victory for innovation, competition, and the rule of law".
'Number of homeless people in England hits highest level'
The figure has risen 15-per-cent since the same time in 2016, and is significantly higher than the 2,744 figure recorded in 2014. The Government describes them as " single night snapshots of the number of people sleeping rough ".
Sixers' Simmons, Embiid picked for Rising Stars game
He ranked tied for first among qualified rookies in blocks per game, second in field-goal percentage (59) and fourth in rebounds. The Dallas Mavericks announced today that rookie point guard Dennis Smith Jr. was selected to compete for the U.S.