Monday, 19 August 2019 23:35 WIB
Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recession. Equities also got a boost after the U.S. agreed to extend a temporary reprieve to Chinese telecom giant Huawei.
The Dow Jones Industrial Average traded 230 points higher, or 0.9%, led by Nike and Goldman Sachs. The S&P 500 gained 1% as the energy and tech sectors outperformed. The Nasdaq...
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....
Tuesday, 20 August 2019 02:20 WIB
Gold futures lost ground Monday, ending lower as renewed optimism on the trade front and talk of stimulus by global policy makers dulls investor appetite for havens.
Gold for December delivery fell $12, or 0.8%, to end at $1,511.60 an ounce, while September silver declined 18.2 cents, or 1.1%, to end at $16.94 an ounce. Gold saw its second daily decline after ending Thursday at the latest in a...