Wednesday, 19 February 2020 23:56 WIB
The S&P 500 and Nasdaq Composite rose to record highs on Wednesday as tech shares outperformed while investors continued to weigh the coronavirus™ impact on the global economy.
The broad index traded 0.6% higher, breaking above a previous all-time high of 3,385.09, while the Nasdaq gained 0.9%. Meanwhile, the Dow Jones Industrial Average was up 150 points, or 0.5%
Wednesday, 19 February 2020 16:46 WIB
U.K. inflation picked up for the first time in six months, boosted by the cost of energy, motor fuel and air fares.
Consumer prices rose a stronger-than-forecast 1.8% in January from a year earlier, the fastest since July, the Office for National Statistics said Wednesday. Core inflation picked up to 1.6%.
But the acceleration is likely to prove temporary, with inflation expected to fall back...
Thursday, 20 February 2020 01:49 WIB
Gold futures climbed on Wednesday for a fifth consecutive session, marking another settlement at their highest since March 2013, with strength in U.S. equities failing to pressure prices for the haven metal.
"I believe retail investors are pouring into equities, while institutional investors are a little more cautious and seeking safe haven exposure," said Jeff Wright, executive vice president...