Monday, 14 October 2019 23:27 WIB
U.S. stocks stalled on Monday after three straight sessions of gains as a bare-bones trade deal with China announced on Friday dampened sentiment and triggered a 2% drop in oil prices, ahead of the start of third-quarter earnings season.
Oil majors Exxon Mobil Corp and Chevron Corp were among the biggest drags on the S&P 500 index, as oil prices gave up last week's gains on growing concerns...
Thursday, 10 October 2019 20:04 WIB
A key measure of U.S. consumer prices rose by less than expected in September as used-car costs fell by the most in a year, likely bolstering the case for the Federal Reserve to cut interest rates for the third time in three months.
The core consumer price index, which excludes food and energy, increased 0.1% from the prior month, a Labor Department report showed Thursday, below the...
Monday, 14 October 2019 21:52 WIB
Gold futures rose Monday, looking to post their first gain in three sessions, finding support as the so-called ''phase one'' of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week.
On Comex, December gold climbed by $5.70, or 0.4%, to $1,494.40 an ounce. On Friday, it posted its lowest...