Wednesday, 21 August 2019 20:57 WIB
U.S. stocks opened solidly higher on Wednesday as upbeat quarterly results from retailers Target and Lowe's helped to support early buying. Investors were also awaiting the release of minutes from the Federal Reserve's July 30-31 policy gathering, which could offer insights on the central bank's decision to cut interest rates for the first time in more than a decade.
The Dow Jones Industrial...
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....
Wednesday, 21 August 2019 19:21 WIB
Oil futures headed higher Wednesday, with prices advancing after a report on U.S. inventories showed a sizable reduction in supplies.
West Texas Intermediate crude for October WTI contract gained 75 cents, or 1.3%, to $56.86 a barrel on the New York Mercantile Exchange, while the October contract for global benchmark Brent crude rose $1.01, or 1.7%, to $61.04 a barrel on ICE Futures Europe,...