Monday, 1 June 2020 20:44 WIB
U.S. stocks opened modestly lower Monday as investors watched the latest developments in U.S. China relations after a report that China was pausing some purchases of U.S. agricultural goods, amid rising tensions over the status of Hong Kong as an independent region.
The Dow Jones Industrial Average fell 85 points, or 0.3% to 25,288, the S&P 500 index shed 12 points, or 0.4% to 3,033 and the...
Monday, 1 June 2020 21:32 WIB
The economic activity in the US' manufacturing sector contracted at a softer pace in May than it did in April with the ISM's Manufacturing Purchasing Managers' Index (PMI) improving to 43.1 from 41.5.
This reading came in slightly worse than the market expectation of 43.6.
Further details of the publication showed that the Employment Index rose to 32.1 from 27.5 and the New Orders Index edged...
Monday, 1 June 2020 19:54 WIB
Gold futures traded slightly lower Monday, losing ground as equities drifted into positive territory and investors appeared to play down U.S.-China tensions and a weekend of civil unrest in several U.S. cities.
Gold for August delivery on Comex fell $6.50, or 0.4%, to $1,745.10 an ounce, while July silver was up 14.10 cents, or 0.8%, at $18.64 an ounce.
Source : MarketWatch