Wednesday, 21 August 2019 23:26 WIB
Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.
The Dow Jones Industrial Average traded 300 points higher, or 1.2%. The S&P 500 gained 0.9% while the Nasdaq Composite jumped 1.1%.
Target shares surged more than 16% to a record after the retailer posted second-quarter results that topped analyst expectations. The...
Thursday, 15 August 2019 20:03 WIB
Two gauges of manufacturing sentiment held their own in August, according to data released Thursday.
The Philadelphia Fed manufacturing index fell slightly to a reading of 16.8 in August from 21.8 in July. Economists had expected a much bigger drop to 11.1, according to Econoday.
The Empire State Index, meanwhile inched up at a reading of 4.8 in August from 4.3 in July, the New York Fed said....
Thursday, 22 August 2019 01:24 WIB
Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock indexes.
After future prices settled, minutes from the Federal Open Market Committee's July meeting showed that Federal Reserve officials shied away from saying how many more easing steps they might be willing to support this year.
In electronic trading,...