Tuesday, 18 February 2020 21:48 WIB
U.S. stocks opened lower on Tuesday as traders returned from the long holiday weekend to see Apple's statement that it would miss its guidance due to COVID-19, which has kept Chinese workers at home and away from factory floors.
The S&P 500 fell 0.3% to 3,370. The Dow Jones industrial Average shed 109 points, or 0.4%, to 29,286. The Nasdaq Composite was down 0.3% to 9,701. On Friday, the...
Tuesday, 18 February 2020 17:26 WIB
Investors have been plunged back into a gloomy mood over the German economy on concern the coronavirus outbreak in China will disrupt global trade.
ZEW's index of expectations for the next six months decreased to 8.7 in February, below even the most pessimistic estimate in a Bloomberg survey. The poll suggests confidence is fading that Europe's largest economy can stem a manufacturing recession...
Tuesday, 18 February 2020 20:35 WIB
Gold climbed to a two-week high on Tuesday as investors sought safe havens after a revenue warning from iPhone maker Apple due to coronavirus, exacerbating fears of the outbreak's impact on global economic growth.
Spot gold was up 0.4% at $1,587.06 per ounce, having earlier risen to its highest since Feb. 3 at $1,589.40. U.S. gold futures inched up 0.3% to $1,590.20.
Gold is considered a hedge...