Thursday, 23 May 2019 20:53 WIB
Stocks opened sharply lower Thursday, with the Dow Jones Industrial Average turning lower for the week, as worries surrounding U.S.-China trade tensions continued to plague the market.
The Dow tumbled 291.32 points, or 1.1%, to 25,485.29, leaving it down 1.1% for the week; the S&P 500 fell 31.46 points, or 1.1%, to 2,824.81, while the Nasdaq Composite dropped 97.81 points, or 1.3%, to...
Thursday, 23 May 2019 14:38 WIB
The German economy rebounded in the first quarter after narrowly avoiding recession late last year, led by a strong rise in household consumption and a booming construction sector, the Federal Statistical Office said Thursday.
Germany's gross domestic product--the broadest measure of goods and services produced in an economy--expanded 0.4% in the three months through March from the previous...
Thursday, 23 May 2019 18:32 WIB
Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as low refinery runs and ongoing trade tensions weighed on the demand outlook.
World shares made it four days in the red in the last five as concerns grew the China-U.S. trade conflict was fast turning into a technology cold war between the world™s two largest economies.