US Markets, July 30, 2014 – Business Insider
Monthly active users also grew a healthy 24%. quarter. The disparity between U.S. and non-U.S. markets remains wide (roughly 5 times higher as measured by revenue per timeline view), here. although management said it expects this gap to converge as smartphone penetration continues to grow outside the more developed markets.
Stocks continue retreat from highs – Yahoo Finance
in Toronto. The benchmark Canadian equity gauge closed at 15,524.82 yesterday, an all-time high. The S&P/TSX has advanced 1.7 percent this month for a second straight gain, and is the second-best performer in the world among developed markets this year. Canadas gross domestic product jumped 0.4 percent in May, the fastest pace in four months as car makers ramped up production. The fifth straight monthly gain matches the median forecast in a Bloomberg economist survey.
With the GDP report, we learned that personal consumption jumped 2.5%, beating expectations for a 1.9% gain. Making things even better, Q1 GDP growth was revised up to -2.1% from -2.9%, and personal consumption was revised up to+1.2% from +1.0%. The Dow was up by as much as 71 points in early trading following the GDP report. Twitter is holding up the tech sector, surging 20% after its strong Q2 financial report on Tuesday afternoon.
Stocks slump as earnings disappoint – Yahoo News
OIL OFF THE BOIL: Benchmark U.S. crude for September delivery dropped by 85 cents, or 0.8 to $99.38 a barrel. After running up to $107 in June, it has steadily fallen back as fears of supply disruptions from Russia and the Middle East ebbed. CURRENCIES: The euro weakened to $1.3396 from $1.3395 late Wednesday. The dollar inched up to 102.91 yen from 102.86 yen.
Canada Stocks Fall From Record as Oil, Gold Drop on Global Rout – Bloomberg
Europe is down across the board, led by a 2 percent selloff in Madrid. Asia was mixed overnight, with mainland Chinese stocks up almost 1 percent but most other indexes modestly lower. The S&P 500 traded as high as 1991 last Thursday, slightly above the previous peak of 1986 on July 3. It’s skidded lower since and yesterday failed to hold early gains despite strong economic-growth numbers.