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....
Wednesday, 21 August 2019 19:21 WIB
Oil futures headed higher Wednesday, with prices advancing after a report on U.S. inventories showed a sizable reduction in supplies.
West Texas Intermediate crude for October WTI contract gained 75 cents, or 1.3%, to $56.86 a barrel on the New York Mercantile Exchange, while the October contract for global benchmark Brent crude rose $1.01, or 1.7%, to $61.04 a barrel on ICE Futures Europe,...