Friday, 24 May 2019 23:34 WIB
U.S. stocks gained on Friday, ahead of a long Memorial day weekend, as investors breathed a sigh of relief after President Donald Trump indicated that the protracted trade war with China could end soon.
Trump said on Thursday that Huawei Technologies Co Ltd could be included in the trade deal. However, no high-level talks have been scheduled since the last round of negotiations in Washington...
Friday, 24 May 2019 20:02 WIB
Orders for durable or long-lasting goods fell sharply in April, mostly because of falling demand for Boeing jets and new cars and trucks. Business investment also continued to weaken, reflecting worries about the China trade fight and a slower U.S. economy.
Orders for durable goods ” products meant to last at least three years ” dropped 2.1% in April, the government said Friday. The...
Saturday, 25 May 2019 02:23 WIB
U.S. oil futures finished higher Friday, recouping some of the losses they saw from a day earlier when they settled at a more than two-month low. Prices, however, also posted their worst weekly decline year to date.
Traders continued to gauge the risk of an energy demand slowdown as the U.S. and China continue to grapple with their dispute on trade. "There was a violent repricing of risk on...