Friday, 28 February 2020 21:43 WIB
U.S. stocks opened sharply lower on Friday as investors dumped equities amid a rapidly spreading coronavirus outbreak, which has raised fears of a possible global recession.
The Dow Jones Industrial Average fell 495.81 points, or 1.92%, at the open to 25,270.83.
The S&P 500 opened lower by 61.86 points, or 2.08%, at 2,916.90. The Nasdaq Composite dropped 296.74 points, or 3.46%, to...
Tuesday, 25 February 2020 22:17 WIB
U.S. consumer confidence edged up to the best level in six months on an improvement in expectations, signaling that solid employment and cheap fuel are helping Americans look past concerns about the spread of the coronavirus.
The Conference Board™s reading increased to 130.7 from a downwardly revised 130.4 in January, according to data from the New York-based group Tuesday that fell...
Friday, 28 February 2020 18:49 WIB
Gold prices retreated on Friday as investors booked profits from a 1% jump in the last session, but the metal had some support as mounting concerns over the rapid spread of coronavirus lifted expectations of rate cuts by major central banks.
Spot gold was down 0.7% at $1,630.86 per ounce. U.S. gold futures slipped 0.6% to $1,631.90 per ounce.
Bullion has added almost 3% so far this month, its...