Saturday, 25 January 2020 04:19 WIB
Stocks ended lower Friday, giving up early gains after authorities confirmed a second U.S. coronavirus case.
The Dow Jones Industrial Average fell around 170 points, or 0.6%, to end near 28,990, according to preliminary figures, while the S&P 500 lost around 30 points, or 0.9%, to finish near 3,295. The Nasdaq Composite closed near 9,315, off around 88 points, or 0.9%.
Analysts said stocks...
Friday, 24 January 2020 16:43 WIB
A closely watched measure of U.K. economic activity surged to the highest since 2018 in January, undercutting the case for a Bank of England interest-rate cut next week.
IHS Markit's flash index for output across the whole economy jumped to 52.4 as firms cited reduced political uncertainty in the wake of Boris Johnson's decisive election victory. That's up from 49.3 last month and above levels...
Saturday, 25 January 2020 03:00 WIB
Oil posted its worst week since May as the coronavirus outbreak continues to pressure prices.
A slowdown in China's economy would impact demand because China is the world's largest crude oil importer, after importing a record 10.12 million barrels per day in 2019, according to data from the General Administration of Customs. China is also the second-largest oil consumer, behind the United...