Heather Nauert withdraws as Donald Trump's pick for US Ambassador to UN

Heather Nauert withdraws as Donald Trump’s pick for US Ambassador to UN

Feb 17, 2019 (Agencia EFE via COMTEX) —

Washington, Feb 17 (efe-epa).- Heather Nauert, who was United States President Donald Trump’s pick to serve as Ambassador to the United Nations, has withdrawn from consideration, the State Department said, according to a Dow Jones Newswires report made available to EFE on Sunday.

Trump had chosen Nauert, who served as the State Department’s spokeswoman, in December to succeed Nikki Haley as the US envoy to the UN.

The State Department announced late Saturday that she had withdrawn for family reasons and that Trump will select another nominee soon.

Secretary of State Mike Pompeo said in a statement that Nauert’s withdrawal was a personal decision.

“I wish Heather nothing but the best in all of her future endeavors,” Pompeo wrote.

The White House did not immediately respond to requests for comment.

Nauert, a former “Fox & Friends” anchor, had little foreign policy experience before joining the State Department.

Nauert had served as spokeswoman for Trump’s first secretary of state, Rex Tillerson.

She remained in the role when Pompeo, previously director of the Central Intelligence Agency, was appointed to head the State Department and had gained his confidence and support to take on the job at the UN.

Nonetheless, Nauert likely would have faced intense scrutiny from the Senate Foreign Relations Committee.

Haley also was a foreign-policy novice when she was nominated as ambassador to the UN, but she had twice been elected governor of South Carolina.

Trump also had considered replacing Haley with Dina Powell, who had been a deputy national security adviser and had served in the George W. Bush White House.

Others who had been under consideration included Kay Bailey Hutchison, the former senator from Texas, and

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Heather Nauert withdraws as Donald Trump's pick for US Ambassador to UN

Heather Nauert withdraws as Donald Trump’s pick for US Ambassador to UN

Feb 17, 2019 (Agencia EFE via COMTEX) —

Washington, Feb 17 (efe-epa).- Heather Nauert, who was United States President Donald Trump’s pick to serve as Ambassador to the United Nations, has withdrawn from consideration, the State Department said, according to a Dow Jones Newswires report made available to EFE on Sunday.

Trump had chosen Nauert, who served as the State Department’s spokeswoman, in December to succeed Nikki Haley as the US envoy to the UN.

The State Department announced late Saturday that she had withdrawn for family reasons and that Trump will select another nominee soon.

Secretary of State Mike Pompeo said in a statement that Nauert’s withdrawal was a personal decision.

“I wish Heather nothing but the best in all of her future endeavors,” Pompeo wrote.

The White House did not immediately respond to requests for comment.

Nauert, a former “Fox & Friends” anchor, had little foreign policy experience before joining the State Department.

Nauert had served as spokeswoman for Trump’s first secretary of state, Rex Tillerson.

She remained in the role when Pompeo, previously director of the Central Intelligence Agency, was appointed to head the State Department and had gained his confidence and support to take on the job at the UN.

Nonetheless, Nauert likely would have faced intense scrutiny from the Senate Foreign Relations Committee.

Haley also was a foreign-policy novice when she was nominated as ambassador to the UN, but she had twice been elected governor of South Carolina.

Trump also had considered replacing Haley with Dina Powell, who had been a deputy national security adviser and had served in the George W. Bush White House.

Others who had been under consideration included Kay Bailey Hutchison, the former senator from Texas, and

Read More Here...

Heather Nauert withdraws as Donald Trump's pick for US Ambassador to UN

Heather Nauert withdraws as Donald Trump’s pick for US Ambassador to UN

Feb 17, 2019 (Agencia EFE via COMTEX) —

Washington, Feb 17 (efe-epa).- Heather Nauert, who was United States President Donald Trump’s pick to serve as Ambassador to the United Nations, has withdrawn from consideration, the State Department said, according to a Dow Jones Newswires report made available to EFE on Sunday.

Trump had chosen Nauert, who served as the State Department’s spokeswoman, in December to succeed Nikki Haley as the US envoy to the UN.

The State Department announced late Saturday that she had withdrawn for family reasons and that Trump will select another nominee soon.

Secretary of State Mike Pompeo said in a statement that Nauert’s withdrawal was a personal decision.

“I wish Heather nothing but the best in all of her future endeavors,” Pompeo wrote.

The White House did not immediately respond to requests for comment.

Nauert, a former “Fox & Friends” anchor, had little foreign policy experience before joining the State Department.

Nauert had served as spokeswoman for Trump’s first secretary of state, Rex Tillerson.

She remained in the role when Pompeo, previously director of the Central Intelligence Agency, was appointed to head the State Department and had gained his confidence and support to take on the job at the UN.

Nonetheless, Nauert likely would have faced intense scrutiny from the Senate Foreign Relations Committee.

Haley also was a foreign-policy novice when she was nominated as ambassador to the UN, but she had twice been elected governor of South Carolina.

Trump also had considered replacing Haley with Dina Powell, who had been a deputy national security adviser and had served in the George W. Bush White House.

Others who had been under consideration included Kay Bailey Hutchison, the former senator from Texas, and

Read More Here...

How to Achieve and Maintain a Positive Mental Attitude? Author Veera Mahajan Explains

How to Achieve and Maintain a Positive Mental Attitude? Author Veera Mahajan Explains – Business News Today – EIN News

Trusted News Since 1995

A service for global professionals · Sunday, February 17, 2019 · 476,681,909 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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This is the place where S&P 500 rallies may die

By Elena Popina and Reade Pickert

As hard as stocks plunged last quarter, their recovery in the New Year has been just as swift. A warning to S&P 500 bulls getting used to the upward trajectory: This is where rallies have fallen dead in the past.

While valuation makes a poor tool for market timing, there’s evidence its force becomes felt when the benchmark starts to approach 2,800. It’s 25 points from that level now, after vaulting 18 per cent since Christmas. More ominously for bulls is the sudden squishiness of 2019 profit estimates. It’s tough to fashion a case for more gains when the foundation keeps sagging.

Amid a winter of renewal, the question has lingered — when does shifting sentiment alone become too little to move the market? After all, an 8,000-point round trip in the Dow Jones Industrial Average has taken place since September with nary a ripple in readings on growth. At some point fundamentals will reassert themselves. Some say the time has arrived.

“You’re going to have to see the fundamentals support higher markets and those fundamentals are not great right now,” said Chris Gaffney, president of world markets at TIAA Bank in St. Louis. “It’s absolutely dangerous.”

While the S&P 500 advanced 2.5 per cent in the past five days to cap its seventh weekly gain in the past eight, the index’s next leg up would have it confront the round-number milestone that’s marked the demise of three prior rallies since October.

One explanation for the skittishness is valuation. If the S&P 500 tops 2,800, its valuation based on 2019 average per-share earnings estimates will be 16.5 times forward earnings — that’s the average reading over the past five years, demarcating a level at which some analysts say stocks become expensive.

Worse for bulls, earnings estimates continue to come down, tugging

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This is the place where S&P 500 rallies have come to die

By Elena Popina and Reade Pickert

As hard as stocks plunged last quarter, their recovery in the New Year has been just as swift. A warning to S&P 500 bulls getting used to the upward trajectory: This is where rallies have fallen dead in the past.

While valuation makes a poor tool for market timing, there’s evidence its force becomes felt when the benchmark starts to approach 2,800. It’s 25 points from that level now, after vaulting 18 per cent since Christmas. More ominously for bulls is the sudden squishiness of 2019 profit estimates. It’s tough to fashion a case for more gains when the foundation keeps sagging.

Amid a winter of renewal, the question has lingered — when does shifting sentiment alone become too little to move the market? After all, an 8,000-point round trip in the Dow Jones Industrial Average has taken place since September with nary a ripple in readings on growth. At some point fundamentals will reassert themselves. Some say the time has arrived.

“You’re going to have to see the fundamentals support higher markets and those fundamentals are not great right now,” said Chris Gaffney, president of world markets at TIAA Bank in St. Louis. “It’s absolutely dangerous.”

While the S&P 500 advanced 2.5 per cent in the past five days to cap its seventh weekly gain in the past eight, the index’s next leg up would have it confront the round-number milestone that’s marked the demise of three prior rallies since October.

One explanation for the skittishness is valuation. If the S&P 500 tops 2,800, its valuation based on 2019 average per-share earnings estimates will be 16.5 times forward earnings — that’s the average reading over the past five years, demarcating a level at which some analysts say stocks become expensive.

Worse for bulls, earnings estimates continue to come down, tugging

Read More Here...

US stocks up – 15-02-19

NEW YORK, FEBUARY 16, ARMENPRESS. USA main indexes values for 15 February:“Armenpress” reports the value of Dow Jones up by 1.74% to 25883.25 points, S&P 500 up by 1.09% to 2775.60 points, Nasdaq up by 0.61% to 7472.41 points.The Dow Jones Industrial Average is one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. It measures the daily stock price movements of 30 large, publicly-owned U.S. companies.S&P 500 measures the performance of 500 widely held common stocks of large-cap U.S. companies.NASDAQ measures a number of indices reflecting the reaction of USA’s high tech markets and business environments on the country’s political and economic developments which have an impact on high tech markets.

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United States : US stocks: Dow climbs for 8th straight week amid trade optimism

United States : US stocks: Dow climbs for 8th straight week amid trade optimism

Feb 16, 2019 (Euclid Infotech Ltd via COMTEX) —

WallStreet stocks finished another strong week on a positive note on Friday, rising again on optimism over US-China trade talks.

The Dow Jones Industrial Average jumped 1.7 per cent to 25,883.25 to close its eight straight week of gains.

The broad-based S&P 500 advanced 1.1 per cent to finish at 2,775.60, while the tech-rich Nasdaq Composite Index won 0.6 per cent to end at 7,472.41.

US President Donald Trump said trade negotiations with China were going “extremely well” and again offered the possibility of extending the March 1 deadline for a sharp rise in punitive tariffs.

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As Dow Rallies, Coca-Cola Is Left Behind

The Dow Jones industrial average has rallied out of a sell-off late last year and is up 11% since the start of 2019. While many Dow stocks are up by double-digit percentages for the year, Coca-Cola Co. (NYSE: KO) is down 5%.

Most of the damage was done to Coke’s stock during the past few days. Shares collapsed over 8% on February 14, just after the company posted its most recent earnings. As is sometimes the case with stocks crushed after they report, Coke announced that it had met expectations. However, as it looked forward, its view was well below what Wall Street had expected.

Management characterized earnings as “Strong Results for Fourth Quarter and Full Year 2018.” It was a reasonable position. But Coke was shrinking, management said. “Net revenues declined 6% to $7.1 billion for the quarter and declined 10% to $31.9 billion for the year.”

For the full year 2019, management forecast:

Approximately 4% growth in organic revenues (non-GAAP)

12% to 13% growth in comparable currency neutral net revenues (non-GAAP) including an 8% to 9% tailwind from acquisitions, divestitures and structural items

Comparable net revenues (non-GAAP): 3% to 4% currency headwind based on the current rates and including the impact of hedged positions

Barron’s offered a summary of Wall Street’s reaction:

Coca-Cola stock fell hard on Thursday morning as investors soured on the soft-drink giant’s outlook for 2019, erasing the stock’s gains to start the year.

Shares of Coca-Cola were down 6.7% to $46.40 as major U.S. indexes fell, leaving the stock in negative territory in 2019, after the company reported fourth-quarter and full-year financial results Wednesday evening.

Fourth-quarter earnings per share beat Wall Street’s consensus expectations, and revenue came in a bit higher than expected. Yet that wasn’t enough to keep the stock,

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Dow jumps nearly 450 points, clinches 8th straight weekly gain

Stocks surged on Friday amid increasing hopes for a U.S.-China trade deal as equities posted another solid weekly gain.

The Dow Jones Industrial Average jumped 443.86 points to 25,883.25 as J.P. Morgan Chase and Goldman Sachs outperformed. The S&P 500 gained 1.1 percent to close at 2,775.60, led by the energy and industrials sectors. The Nasdaq Composite advanced 0.6 percent to end the day at 7,472.41.

Energy shares were boosted by higher oil prices. West Texas Intermediate futures rose 2.2 percent to $55.59 per barrel.

Bank stocks also rose broadly. The SPDR S&P Bank ETF (KBE) climbed 2.25 percent. Goldman Sachs, Morgan Stanley, J.P. Morgan Chase, Citigroup and Bank of America each advanced 2.54 percent or more.

The 30-stock Dow’s eight-week winning streak is its longest since the one ending Nov. 3, 2017. The Nasdaq also posted its eighth consecutive weekly gain. The S&P 500, meanwhile, closed its seventh weekly gain in eight. The indexes rose at least 2.4 percent each this week.

“The market is just getting rational again and simply rebounding from an irrational sell-off last fall,” said Craig Callahan, president at Icon Funds. He said the market was brought down late last year by fears of a Chinese economic hard landing, worries that a slowdown in China could spread around the world and concern over tighter Federal Reserve monetary policy.

“We think this is just those fears subsiding and the market being rational again,” said Callahan. “The China trade talks are helping with the first one.”

Chinese President Xi Jinping said trade talks between the U.S. and China will continue next week in Washington. This comes after a U.S. trade delegation led by Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer was in Beijing this week.

China and the U.S. are trying to strike a trade deal

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