Wednesday, 17 July 2019 03:19 WIB
Hong Kong stocks ended higher on Tuesday in quiet trade as investors took a step back after recent gains, while looking ahead to the start of corporate earnings season.
The Hang Seng Index added 0.23 percent, or 64.74 points, to 28,619.62.
The benchmark Shanghai Composite Index dipped 0.16 percent, or 4.57 points, to 2,937.62 and the Shenzhen Composite Index, which tracks stocks on China's...
Tuesday, 16 July 2019 19:58 WIB
Sales at U.S. retailers rose solidly in June for the fourth month in a row, pointing to a strong rebound in consumer spending in the second quarter that suggests the economy is not as fragile as the Federal Reserve apparently believes.
Retail sales increases 0.4% last month, the government said Tuesday. Economists polled by MarketWatch expected a 0.1% gain.
The increase was an even larger 0.7%...
Wednesday, 17 July 2019 03:02 WIB
Oil futures settled sharply lower Tuesday, following reports that U.S. Secretary of State Mike Pompeo said Iran is ready to enter negotiations over its missile program, easing concerns about tensions between Washington and Tehran that had put the flow of oil in the Middle East at risk.
Oil had been moving higher earlier Tuesday, with U.S. prices briefly touching highs above $60 a barrel, on...