Tuesday, 2 June 2020 20:51 WIB
U.S. stocks mostly rose Tuesday, looking to extend the previous session's gains as investors appeared to focus on the reopening of the economy while looking past the civil unrest gripping the nation.
The S&P 500 was up 0.3% to 3,063. The Dow Jones Industrial Average advanced 127 points, or 0.5%, to 25,602. The Nasdaq Composite was down less than a point to 9,552. Wall Street mostly focused...
Monday, 1 June 2020 21:32 WIB
The economic activity in the US' manufacturing sector contracted at a softer pace in May than it did in April with the ISM's Manufacturing Purchasing Managers' Index (PMI) improving to 43.1 from 41.5.
This reading came in slightly worse than the market expectation of 43.6.
Further details of the publication showed that the Employment Index rose to 32.1 from 27.5 and the New Orders Index edged...
Tuesday, 2 June 2020 19:23 WIB
Gold futures on Tuesday were edging higher on the back of a weaker U.S. dollar, with gains capped by the precious metal by a global rise in assets perceived as risky like stocks.
Commodity experts say that the yellow metal has enjoyed haven bids as investors remain wary of rising Sino-American trade tensions even as the economies reopening from forced closures due to the COVID-19 pandemic has...