Friday, 23 August 2019 04:03 WIB
Investors are betting big on Boeing for now, and the Dow Jones Industrial Average was the beneficiary on Thursday.
The Dow finished the day up 0.2%, or about 50 points. But Boeing's shares were up more than 4.3% and added nearly 98 points to the blue-chip index by itself.
At the same time, the S&P 500 slipped a very modest 0.05% and the Nasdaq Composite fell 0.36%.
Boeing was surging...
Thursday, 22 August 2019 14:47 WIB
Shrinking order books and expectations for a decline in output signal companies in Europe™s largest economy are bracing for a possible recession.
German manufacturing shrank for an eighth month in August, barely offset by still-solid services, according to IHS Markit. Overall business confidence declined and orders fell for the third time in four months. A Purchasing...
Friday, 23 August 2019 02:17 WIB
Oil futures ended lower on Thursday, weighed down by expectations for surplus supplies, with the economy and energy demand moving back into focus on the first day of the Jackson Hole economic policy symposium in Wyoming.
West Texas Intermediate crude for October delivery on the New York Mercantile Exchange fell 33 cents, or 0.6%, to settle at $55.35 a barrel. Prices, based on the front-month...