Wall Street mixed after record highs


The 14-day ADX for Lyxor UCITS ETF Dow Jones Industrial Average D-EUR (DJEL.L) is now at 15.38.

August industrial production figures also fell well short of the mark, dropping by 0.9% month-on-month (consensus: 0.1%), according to figures from the Federal Reserve, as mining and utilities output.

The Bloomberg Dollar Spot Index fell 0.2 percent.The euro climbed 0.2 percent to $1.1941.The British pound gained 1.3 percent to $1.3568, the strongest in nearly 15 months. Yields on 10-year Treasuries topped 2.2 percent.

US retail sales unexpectedly fell in August as Hurricane Harvey likely depressed motor vehicle purchases, dropping 0.2 percent last month. Last week a US government panel said the deal should be blocked. The increase in August came because gas and housing costs rose. Both readings included the impact of Hurricane Harvey.

Despite geopolitical concerns and uncertainty regarding interest rates, the Dow has gained more than 12 per cent this year, driven by strong corporate earnings reports and optimism that President Donald Trump will cut business taxes.

Equifax fell $3.68, or 3.8 percent, to a two-year low of $92.98. Interest rates also rose, which helped banks, as they stand to make more money from lending.

TENET TALKING? Hospital chain Tenet Healthcare climbed 54 cents, or 3.3 percent, to $16.78 after the Wall Street Journal reported the company may sell itself. Wednesday afternoon, CEO Dennis Muilenberg said the company expects to start delivering more planes. Forward Management LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF in the second quarter valued at $50,291,000. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. The Japanese yen weakened 0.55 percent versus the greenback at 110.85 per dollar.

Investors in Asia were disappointed after China's National Bureau of Statistics said the world's second-largest economy grew at a slower pace in August.

The consumer discretionary index.SPLRCD fell 0.54 percent, pulled down by a 0.74-percent decline in Amazon.com AMZN.O and a 0.93-percent dip in Walt Disney DIS.N.

FED WATCH: Investors were also digesting the first of a batch of USA economic data as they await the Fed's next move on interest rates. The "control group", which excludes volatile items like gasoline stations sales, food, auto and building material sales fell 0.2% MoM versus predictions of a 0.2% gain. Shares in Korea, closed higher on Thursday- with the benchmark KOSPI adding zero.7 percent at 2,377.7-6. The euro rose to $1.1881 from $1.1873.

The pound surged to $1.3571 from $1.3398, its highest since mid-2016.