Thursday, 17 October 2019 20:49 WIB
U.S. stocks opened with modest gains Thursday after U.K. and European Union leaders announced a draft agreement on Brexit and following a round of U.S. economic data and corporate earnings.
The Dow Jones Industrial Average rose 64 points, or 0.2%, to 27,065, while the S&P 500 gained 14 points, or 0.5%, to 3,004. The Nasdaq Composite traded at 8,174, up 50 points, or 0.6%. The Brexit...
Thursday, 17 October 2019 19:57 WIB
The Philadelphia Federal Reserve said Thursday its gauge of business activity fell to 5.6 in October from 12 in September. Economists polled by Econoday expected a 7.1 reading. Any reading above zero indicates improving conditions.
The barometers on new orders and shipments were mixed. The new orders gauge rose to 26.2 from 24.8 while shipments dipped to 18.9 from 26.4. Employment readings rose...
Thursday, 17 October 2019 22:12 WIB
The weekly report published by the US Energy Information Administration (EIA) revealed that commercial crude oil inventories in the US increased by 9.3 million barrels in the week ending October 11, compared to analysts estimate for a build of 2.9 million barrels.
With the initial market reaction, the barrel of WTI eased from session highs and was last seen trading at $53, still up 0.2% on a...