Consumer staples lead Wall Street rebound
Saturday, 20 October 2018 00:02 WIB | MARKET UPDATE |DOW JONES Standard & Poor's 500Saham ASNasdaq

U.S. stocks rose broadly on Friday, driven by the consumer staples sector which was helped by Procter & Gamble results, brushing aside growth risk concerns in Europe and political tensions in Saudi Arabia.

Consumer goods bellwether Procter & Gamble (PG.N) reported a surprise rise in first-quarter sales, sending its shares up 6.8 percent and boosting the consumer staples index by 1.8 percent.

The sector, which has largely underperformed the broader S&P 500 this year, was set for its biggest daily gain since June 2016.

At 11:34 a.m. ET the Dow Jones Industrial Average was up 90.67 points, or 0.36 percent, at 25,470.12, the S&P 500 was up 12.99 points, or 0.47 percent, at 2,781.77 and the Nasdaq Composite was up 34.52 points, or 0.46 percent, at 7,519.66.

Reuters

RELATED NEWS

Dow jumps more than 200-points at the open as Target's stock heads to all-time high
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 dec...

US futures point to a higher open
Wednesday, 21 August 2019 17:14 WIB

U.S. stock index futures moved higher on Wednesday morning. Around 6 a.m. ET, Dow futures indicated a positive open of about 125 points. Futures on the S&P and Nasdaq were also higher. Wall Street closed lower for the first time in four sessions on Tuesday. The recent relief in stocks comes as...

Hong Kong stocks finish on positive note
Wednesday, 21 August 2019 15:41 WIB

Hong Kong shares closed higher on Wednesday, having swung back and forth through the day, with traders turning their focus to an upcoming speech by Federal Reserve chief Jerome Powell later in the week. The Hang Seng Index closed up 0.15 percent, or 38.50 points, at 26,270.04. The benchmark Shangh...

European Stocks Gain as Investors Eye Fed Minutes and Trade Tensions
Wednesday, 21 August 2019 14:44 WIB

European stocks traded higher Wednesday as investors await minutes from a meeting of the U.S. Federal Reserve, while President Donald Trump showed no signs of easing off on trade tensions with China. The pan-European Stoxx 600 climbed 0.4% in early trade at 373.08, industrials leading gains with a ...

Tokyo Stocks Close Lower On US Losses
Wednesday, 21 August 2019 13:39 WIB

Tokyo stocks fell on Wednesday, tracking losses on Wall Street as investors locked in profits following a three-session winning streak. The benchmark Nikkei 225 index slid 0.28 percent, or 58.65 points, to close at 20,618.57 while the broader Topix index fell 0.61 percent, or 9.26 points, to 1,497....

ANOTHER NEWS
Dow jumps more than 200-points at the open as Target's stock heads to all-time high
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,...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.