Friday, 29 May 2020 20:46 WIB
The S&P 500 and Dow Jones indexes opened lower on Friday as investors braced for a U.S. response to China's national security law on Hong Kong, threatening to take the shine off another month of strong gains for the stock market.
The Dow Jones Industrial Average fell 76.49 points, or 0.30%, at the open to 25,324.15, and the S&P 500 opened lower by 4.56 points, or 0.15%, at...
Thursday, 28 May 2020 19:53 WIB
The U.S. economy contracted at an annual 5% pace in the first quarter instead of 4.8%, revised government data show. A downward revision to inventory investment mostly accounted for the downward revision, the Commerce Department said.
Looking ahead, economists surveyed by MarketWatch predict GDP will plunge at a 27.7% annual rate as people stayed home to try to stem the spread of the...
Friday, 29 May 2020 19:45 WIB
Gold futures headed higher for a second session Friday, putting gold prices on track for a modest weekly gain amid focus on U.S.-China tensions and global monetary stimulus measures.
President Donald Trump said that he was preparing to hold a Friday news conference on China but hasn't set a specific time. His planned remarks would come after the U.S., Australia, Canada and the U.K. governments...