Tuesday, 16 July 2019 20:53 WIB
Stocks got off to a slightly lower start Tuesday as investors digested a stream of earnings reports, including results from Dow components Johnson & Johnson and Goldman Sachs Group Inc.
The Dow Jones Industrial Average fell around 7 points, or less than 0.1%, to 27,352, while the S&P 500 was off 0.1% at 3,011.12. The Nasdaq Composite fell 0.1% to 8,245.28.
All three major indexes eked...
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%...
Tuesday, 16 July 2019 19:25 WIB
Oil prices dipped on Tuesday as oil rigs in the Gulf of Mexico underwent the process to restart production following Hurricane Barry, while escalating U.S. output weighed ahead of weekly inventory data.
New York-traded West Texas Intermediate crude futures dropped 7 cents, or 0.1%, to $59.51 a barrel by 8:07 AM ET (12:07 GMT), while Brent crude futures, the benchmark for oil prices outside the...