Tuesday, 21 May 2019 23:58 WIB
U.S. stocks rose on Tuesday, lifted by a rebound in technology stocks, as Washington's move to temporarily ease curbs on China's Huawei Technologies calmed nerves over a further worsening of a trade war between the two countries.
Chipmakers, which bore the brunt of Monday's sell-off, rose after the United States granted the Chinese telecoms equipment maker a license to buy U.S. goods until Aug....
Wednesday, 15 May 2019 19:53 WIB
U.S. retail sales unexpectedly declined in April for the second time in three months, weighed down by soft sales of autos and building materials and suggesting consumer spending will remain subdued this quarter.
The value of overall sales declined 0.2% after a 1.7% increase the prior month that was the strongest gain since 2017, according to Commerce Department figures released...
Tuesday, 21 May 2019 23:31 WIB
The U.S. dollar rose Tuesday, hitting a three-week high as investor tension eased after the U.S. removed some restrictions on Chinese tech giant Huawei.
The U.S. dollar index, which measures the greenback's strength against a basket of six major currencies, was up 0.2% to 97.922 as of 10:32 AM ET (14:32 GMT) after hitting an earlier high of 97.965.
The U.S. Commerce Department lifted some...