Tuesday, 16 July 2019 16:35 WIB
U.S. stock index futures were mixed Tuesday morning ahead of earnings reports from a slew of major American companies.
At around 4.20 a.m. ET, Dow futures were 4 points higher but indicated an implied negative open of around 5 points, while the S&P 500 and Nasdaq were seen edging into positive territory.
Earnings season underway in earnest Tuesday with banking giants Goldman Sachs, J.P....
Tuesday, 16 July 2019 19:58 WIB
Sales at U.S. retailers rose solidly in June for the fourth month in a row, pointing to a strong rebound in consumer spending in the second quarter that suggests the economy is not as fragile as the Federal Reserve apparently believes.
Retail sales increases 0.4% last month, the government said Tuesday. Economists polled by MarketWatch expected a 0.1% gain.
The increase was an even larger 0.7%...
Tuesday, 16 July 2019 19:25 WIB
Oil prices dipped on Tuesday as oil rigs in the Gulf of Mexico underwent the process to restart production following Hurricane Barry, while escalating U.S. output weighed ahead of weekly inventory data.
New York-traded West Texas Intermediate crude futures dropped 7 cents, or 0.1%, to $59.51 a barrel by 8:07 AM ET (12:07 GMT), while Brent crude futures, the benchmark for oil prices outside the...