Page 25 - ARUBA TODAY

BUSINESS Wednesday 14 February 2018
A25

Stocks edge higher as a 3-day win streak restores some calm

months, but that round of of market volatility was
buying ended abruptly. touched off by worries that
"The pattern that we saw inflation might be increas- Caribbean Palm Village
over the last month and a ing. 1 br WK 6 room G building
half is not by any stretch Under Armour climbed af- # 203 1 br WK 7 room G
of the imagination unusu- ter it reported better-than- building # 204
al," he said, "But it is com- expected sales as shoe $6500 each
pressed. It normally doesn't and accessory revenue La Cabana BRC
happen over a six-week picked up. The stock had 1 br WK 4 room # 242 a
period." plunged 50 percent in 2017 Pool/Ocean View $7500
Hackett said he feels stocks on top of a 30 percent de- Call:630-1307
have fallen to more reason- cline in 2016. It rose $2.47, johnnypaesch@gmail.com
able prices, partly because or 17.2 percent, to $16.70. ________________________________209100
of the market slump and Athletic apparel retailer
partly because corporate Foot Locker also gained Aruba Divi Phoenix
Trader Jonathan Corpina works on the floor of the New York earnings grew at a strong ground. 2 br WK 7 room #751-752
Stock Exchange. U.S. stocks rose for the third day in a row Tues- Pool/Ocean View
day, led by banks, retailers and technology companies. clip in the fourth quarter. Amazon climbed $28.28, 31 Weeks remain
(AP Photo/Richard Drew) The Standard & Poor's 500 or 2 percent, to $1,414.51,
index rose 6.94 points, or 0.3 and dollar stores, depart- Price :$25K
By MARLEY JAY the Dow Jones industrial percent, to 2,662.94. The ment stores and clothing Call:630-1307
AP Markets Writer average twice fell 1,000 Dow added 39.18 points, companies made gains as johnnypaesch@gmail.com
NEW YORK (AP) — U.S. points in a day, sometimes or 0.2 percent, to 24,640.45. well.
stocks rose for the third day gaining or losing hundreds The Nasdaq composite Prescription drug distribu- Divi Links Golf
in a row Tuesday, led by of points in a few minutes. gained 31.55 points, or 0.5 tor AmerisourceBergen 1br WK 11 room #2303
banks, retailers and tech- But on Tuesday, the gap percent, to 7,013.51. The jumped $8.32, or 9.3 per- studio WK 11 room #2302
nology companies. The between the Dow's highest Russell 2000 index of small- cent, to $97.77 after The 27 weeks remain 10
rebound over the last few mark and its lowest was a er-company stocks finished Wall Street Journal report- accelerated
days follows a harrowing more modest 284 points. up 3.97 points, or 0.3 per- ed that Walgreens Boots Al- 1br WK 12 room #2303
drop of more than 10 per- Mark Hackett, chief of in- cent, at 1,494.95. liance wants to buy the rest 27 weeks remain 10 accelerated
cent over the previous two vestment research at Na- On Wednesday the La- of the company. In Janu- 1br $9000 studio$8000
weeks. tionwide Investment Man- bor Department will is- ary Amazon announced a Call;630-1307
After a wobbly start, stocks agement, said investors sue its monthly report on partnership with JPMorgan johnnypaesch@gmail.com
started climbing in the early who have steered clear of consumer prices. Investors Chase and Berkshire Ha-
afternoon and wound up the stock market started will be watching carefully thaway aimed at reducing Barcelo Resorts
with their most placid day to pile in over the last few because the recent bout health care costs.q 2 br deluxe Week 9 and 10
in the last few weeks. Ocean View all inclusive
Amazon climbed once Divi Village Price :$25K each
again, and athletic ap- studio wk 6 3rd Floor Call;630-1307
parel companies rose fol- building F Top Floor johnnypaesch@gmail.com
lowing solid fourth-quarter 23 weeks remain _______________________________209098
results from Under Armour. pool/ocean View $8000
Apple continued to recoup call:630-1397 Tropicana Resort and Casino
some of its recent losses. johnnypaesch@gmail.com 1 br WK 7 room #5559
Energy companies slipped 1 br WK 8 room #1537
again, and companies Divi Dutch Village Price : $8000 each
that distribute prescription 1 br WK # 8 room #94 Call: 630-1307
drugs and medical supplies 2sd Floor Over Look Pool johnnypaesch@gmail.com
slumped. 26 weeks remain $8500 _______________________________209098
Stocks have been mak- Call: 630-1307
ing big swerves higher and johnnypaesch@gmail.com
lower recently. Last week ________________________________209100