Monday, 14 October 2019 18:53 WIB
U.S. stock futures pointed to a lower start on Wall Street Monday as investors reevaluate the œphase-one trade deal between the U.S. and China, announced in the final minutes of trade Friday, with growing concern that the agreement will not lead to significantly lower trade barriers or greater certainty over Sino-American trade relations.
Futures for the Dow Jones Industrial Average fell...
Thursday, 10 October 2019 20:04 WIB
A key measure of U.S. consumer prices rose by less than expected in September as used-car costs fell by the most in a year, likely bolstering the case for the Federal Reserve to cut interest rates for the third time in three months.
The core consumer price index, which excludes food and energy, increased 0.1% from the prior month, a Labor Department report showed Thursday, below the...
Monday, 14 October 2019 19:31 WIB
Oil slid after surging the most in almost a month on Friday amid doubts that recent progress in the U.S.-China trade talks will compensate for a worsening global demand outlook.
Futures in New York fell as much as 2.6% after gaining 2.2% in the previous session. Washington and Beijing made several concessions to reach a partial trade deal last week, and China wants further talks as...