Tuesday, 18 June 2019 23:36 WIB
U.S. stock indexes headed sharply higher midday Tuesday, pushing the broad-market S&P 500 to within 1% of a closing record as President Donald Trump tweeted that had a productive conversation with Chinese counterpart Xi Jinping.
The Dow Jones Industrial Average rose 330 points, or 1.3%, at 26,444, the S&P 500 index advanced 31 points, or 1.1%, at 2,920, while Nasdaq Composite Index...
Friday, 14 June 2019 19:50 WIB
Reports of the death of the American consumer were greatly exaggerated as the May retail sales data rose at a solid pace and the decline in the prior month was revised to show a gain.
Retail sales increased 0.5% in May, with broad-based gains, the Commerce Department said Friday. Economists polled by MarketWatch had forecast a solid 0.7% gain.
There was a big rise in auto sales, but the even...
Wednesday, 19 June 2019 01:53 WIB
U.S. oil futures rallied Tuesday as a tweet from President Donald Trump hinted at progress in U.S.-China trade talks, easing the market's worries about a potential slowdown in energy demand. The news also contributed to a sharp climb among benchmark U.S. stock indexes, lifting risk-on sentiment in the market.
July West Texas Intermediate oil rose $1.97, or 3.8%, to settle at $53.90 a barrel on...