Wednesday, 29 January 2020 21:38 WIB
Stocks rose on Wednesday as the market continued to rebound from a heavy sell-off earlier this week while Apple led a slew of companies that reported better-than-expected earnings.
The Dow Jones Industrial Average gained 187 points, or 0.7%. The S&P 500 advanced 0.5% along with the Nasdaq Composite.
Apple shares gained more than 2% to a record after its quarterly results easily beat...
Wednesday, 29 January 2020 07:47 WIB
Australia, like much of the developed world, has struggled to rekindle inflation as wages stagnate and intensified competition keeps prices in check.
The central bank focuses on core inflation, a combination of the trimmed mean and weighted median gauges, that smooths out sharp fluctuations. The statistics bureau released the data in Sydney Wednesday.
CPI rose 0.7% Q/Q vs est. 0.6%...
Wednesday, 29 January 2020 21:14 WIB
Gold futures hovered near unchanged Wednesday as traders weigh the spread of coronavirus cases, while equities appear poised for further gains as U.S. earnings reporting season moves into full swing.
Gold for February delivery on Comex were flat at $1,569.80 an ounce, while March silver rose 1.2 cents, or 0.1%, to $17.47 an once.
Gold on Tuesday pulled back from a more-than-six-year high as...