Daily Archives: Sep 17, 2019

    NEW YORK, NY - MARCH 1: A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange (NYSE) on March 1, 2018 in New York City. Major stock indexes plunged Thursday afternoon following President Trump's announcement that he was imposing a 25 percent tariff on imported steel and 10 percent on aluminum. Investor concern about the news rattled the Dow Jones industrial average, which closed down more than 400 points. (Photo by Eduardo Munoz Alvarez/Getty Images)

    (Reuters) – U.S. stocks edged lower on Tuesday as a drop in oil prices weighed on the energy sector, while investors stayed away from making big bets ahead of the Federal Reserve’s two-day policy meeting, where it is widely expected to cut interest rates.

    The energy index .SPNY fell 1.59% and was the biggest drag on the benchmark S&P 500 index .SPX after sources told Reuters that Saudi Arabia was close to restoring 70% of the oil production lost after weekend attacks on its biggest refinery.

    The sector recorded its best one-day surge since January on Monday.

    The U.S. central bank concludes its policy meeting on Wednesday, with traders currently expecting a 65.8% chance of a quarter percentage point cut from the Fed this week, down from 88.8% on Friday, according to CME’s FedWatch.

    Rate-sensitive bank index .SPXBK was down 1% in anticipation of a reduction in borrowing costs.

    “It’s just typical trading on the vigil of a Fed meeting,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.

    “We haven’t seen any panic from what happened over the weekend. I think (the Fed) will stick with a quarter of a percentage point cut even after the Saudi attack.”

    Since the last interest rate cut in July, U.S. economic data has shown mixed signals about the domestic economy. While strong retail sales and wage growth have bolstered consumer confidence, a protracted U.S.-China trade war has weighed on manufacturing and business sentiment.

    Latest data showed U.S. manufacturing output increased more than expected in August, rebounding from a drop in July.

    At 10:04 a.m. ET, the Dow Jones Industrial Average .DJI was down 58.03 points, or 0.21%, at 27,018.79, the S&P 500 .SPX was down 1.03 points, or 0.03%, at 2,996.93. The Nasdaq Composite .IXIC was down 3.29 points, or 0.04%, at 8,150.26.

    Among stocks, Home Depot Inc (HD.N) dropped 1.6% after Guggenheim downgraded the home improvement chain’s shares to “neutral” from “buy”.

    Corning Inc (GLW.N) tumbled 7.8% after the Gorilla glass maker cut its current-quarter display volume forecast.

    Kraft Heinz Co (KHC.O) slipped 3.7% after the packaged food maker’s second-largest investor, 3G Capital, sold over 25 million shares in open market at a discount.

    Deputy-level trade talks between the United States and China are set to resume on Thursday, but any agreement between the two sides is expected to be a superficial fix at this stage.

    Tariff concessions from both countries last week helped the benchmark S&P 500 come within 1% of its all-time high touched in July.

    Declining issues outnumbered advancers for a 1.59-to-1 ratio on the NYSE and a 1.77-to-1 ratio on the Nasdaq. The S&P index recorded six new 52-week highs and one new low, while the Nasdaq recorded 24 new highs and 10 new lows.

    Reporting by Medha Singh and Shreyashi Sanyal in Bengaluru; Editing by Anil D’Silva

    JERUSALEM (Reuters) – Israeli Prime Minister Benjamin Netanyahu battled for his political survival in the final hours of a close-run election on Tuesday, urging voters to support him to avert a “disaster”.

    His voice hoarse from weeks of campaigning, the veteran leader took to the streets and social media, at one point using a megaphone in Jerusalem’s bus station, to urge voters to extend his unbroken decade in power.

    Opinion polls put former armed forces chief Benny Gantz’s centrist Blue and White party neck-and-neck with Netanyahu’s right-wing Likud, and suggest the far-right Yisrael Beiteinu party could emerge as kingmaker in coalition talks.

    Prohibited by law from campaigning on mainstream media, party leaders took to social networks to mobilize support.

    Saúl Canelo Álvarez y Gennady Gennádievich Golovkin se volverán a ver … en 2020.

    El promotor del boxeador mexicano, Oscar de la Hoya, confirmó la pelea durante la transmisión de una jornada boxística, el pasado 14 de septiembre.

    “Será uno de los oponentes para el próximo año. Tiene que serlo”, dijo De la Hoya, fundador y presidente de Golden Boy Promotions (GBP), durante el combate entre el mexicano Jaime Munguia (ganador) y Patrick Allotery, el sábado 14 de septiembre. La cuenta en Twitter de la empresa que transmite las peleas, DAZN, repitió la información:

    Pero antes que los dos boxeadores se enfrenten, cada uno debe resolver sus peleas pautadas para este año. Canelo enfrentará el 2 de noviembre al ruso Sergei Kovalev, en la categoría de las 175 libras y el llamado “Triple G”, chocará con Sergiy Derevyanchenko, por el peso medio, el 5 de octubre.

    Revisemos todos los detalles de la Canelo-GGG.

    ¿Cuándo y dónde será la pelea?

    Por ahora, solo tenemos un año: 2020. Como Canelo tiene contrato con DAZN y debe realizar al menos dos defensas, es probable que el combate se paute para el primer trimestre del año que viene o a más tardar, el 5 de mayo, fecha de la conmemoración de la Batalla de Puebla, un evento importante para la cultura mexicana.

    La sede está por verse. El kazajo, después de la segunda pelea, dijo que la localía le perjudicó, así que esperaba una tercera refriega fuera de Estados Unidos. Pero DAZN tiene los derechos de ambos púgiles y buscará sacar el mayor ingreso posible, de manera que Las Vegas parece el lugar idóneo.

    ¿Qué título estará en riesgo?

    Canelo (29 años de edad) y Golovkin (37 años) han peleado dos veces. El primer combate se realizó el 16 de septiembre de 2017 y quedó empatado. En esta refriega se buscaba la unificación de los títulos AMB (Súper), CMB, IBO, FIB, The Ring y el entonces vacante título medio.

    La revancha se realizó el 15 de septiembre de 2018 y el mexicano se impuso al kazajoen un combate polémico, por 114-114-115-113 y 115-113. Con ese triunfo, Álvarez se quedó con las fajas de la AMB y y CMB. Pero como Canelo perdió su título de la IBF (cetro que podría obtener GGG), al no aceptar la pelea con Derevyanchenko, es probable que se busque de nuevo unificar todos los títulos, como en el primer combate.

    ¿Qué canal transmitirá la pelea?

    Los fanáticos en Estados Unidos pueden ver cualquier pelea de Canelo en el servicio de streaming especializado en boxeo, DAZN.

    DAZN está disponible en una variedad de plataformas, incluyendo Roku, Apple TV, Google Chromecast, iOS, Android, Xbox One, Playstation 4 y Playstation 3, así como los navegadores Chrome, Firefox, Internet Explorer y Safari a través de DAZN.com.

    Si quieres saber más de este servicio, en CNET en Español preparamos una guía para que puedas disfrutarlo, puedes consultarla haciendo clic aquí.

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