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Wall Street trims gains as President Trump speaks

A trader works on the floor of the New York Stock Exchange (NYSE) in Manhattan, New York City(Reuters) - U.S. stocks trimmed gains at midday on Friday, shortly after Donald Trump started his inaugural speech during his swearing-in as the 45th U.S. president. The Dow Jones Industrial Average was up 50.88 points, or 0.26 percent, at 19,783.28, the S&P 500 was up 5.41 points, or 0.24 percent, at 2,269.1 and the Nasdaq Composite was up 10.56 points, or 0.19 percent, at 5,550.65.


Stocks rise as Donald Trump takes over

US President Barack Obama (right) greets President-elect Donald Trump at the US Capitol in Washington, DC, on January 20, 2017London (AFP) - Wall Street climbed Friday before Donald Trump's inauguration, while European indices drifted with markets hoping that the US president's speech will expand on his planned economic policy.


Wall Street rises as Trump inauguration kicks off

A trader works on the floor of the New York Stock Exchange in Manhattan, New York CityU.S. stocks rose amid gains across sectors on Friday as Donald Trump gets set to become the 45th president of the United States. Trump will be sworn in by U.S. Supreme Court Chief Justice John Roberts in Washington. Investors will focus on Trump's inaugural speech to get more insight into his economic policies.


Samsung probe 'finds faulty batteries triggered fires'

Samsung was forced to discontinue its flagship Galaxy Note 7 after a chaotic recall that saw replacement phones also catching fireA Samsung probe into the exploding batteries that forced the electronics giant to scrap its Galaxy Note 7 smartphones has found irregularly sized batteries caused overheating, the Wall Street Journal reported Friday. The South Korean conglomerate was forced to discontinue its flagship Note 7 after a chaotic recall that saw replacement phones also catching fire, with the debacle costing the company billions in lost profit and reputational damage. Samsung is set to unveil the results of its investigation Monday, but sources told the WSJ that the findings indicated some of the problematic batteries were irregularly sized, causing overheating, while others had manufacturing problems.


Here's some of the major newspaper front pages from Inauguration Day

Here's some of the major newspaper front pages from Inauguration DayIt's inauguration day, and various newspapers around the world plastered their front pages with different messages for incoming President-elect Donald Trump. From headlines such as "Don of a new day" to "pomp and protest," here's a sampling of some of the most striking front pages: The New York Times The Wall Street Journal New York Post and the New York Daily News (awkward...) The Washington Post The Houston Chronicle The Virginian-Pilot Cape Times (Cape Town, South Africa) Toronto Star Buenos Aires Herald de Volkskrant (The Netherlands, and yes that's a wax figure) The Guardian BONUS: Trump's 2017 vs Obama's 2009: A brutal inaugural concert comparison


Wall Street opens higher ahead of Trump inauguration

A trader works on the floor of the New York Stock Exchange in Manhattan, New York CityThe Dow Jones industrial average was up 79.6 points, or 0.4 percent, at 19,812, the S&P 500 was up 7.62 points, or 0.336619 percent, at 2,271.31 and the Nasdaq composite was up 17.77 points, or 0.32 percent, at 5,557.85.


History suggests Trump month will be stocks down, dollar up

FILE PHOTO - Republican U.S. presidential candidate Donald Trump poses for a photo after an interview with Reuters in his office in Trump Tower, in the Manhattan borough of New York CityBy Jamie McGeever and Marc Jones LONDON (Reuters) - For financial markets, the Trump era begins on Monday, and if history is any guide the following month should be a rocky one for Wall Street but positive for the dollar. The S&P 500 has fallen a median 2.7 percent in the month after each new president has taken the keys to the White House since Herbert Hoover did so in January 1929, according to Reuters analysis. Only four presidents have seen Wall Street rise in their first month in power: Hoover (+3.8 percent), John F. Kennedy in 1961 (+6 pct), George H. W. Bush in 1989 (+5.3 pct) and Bill Clinton in 1993 (0.8 pct).


Investment Focus: History suggests Trump month will be stocks down, dollar up

FILE PHOTO - Republican U.S. presidential candidate Donald Trump poses for a photo after an interview with Reuters in his office in Trump Tower, in the Manhattan borough of New York CityFor financial markets, the Trump era begins on Monday, and if history is any guide the following month should be a rocky one for Wall Street but positive for the dollar. The S&P 500 has fallen a median 2.7 percent in the month after each new president has taken the keys to the White House since Herbert Hoover did so in January 1929, according to Reuters analysis. Only four presidents have seen Wall Street rise in their first month in power: Hoover (+3.8 percent), John F. Kennedy in 1961 (+6 pct), George H. W. Bush in 1989 (+5.3 pct) and Bill Clinton in 1993 (0.8 pct).


 
 
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