Stocks fall, S&P 500 on track for 6th straight losing session
Wednesday, 24 October 2018 23:19 WIB | MARKET UPDATE |DOW JONESS & P 500 Standard & Poor's 500Saham ASNasdaq

Stocks fell during volatile trade Wednesday, following fresh quarterly results that have thus far failed to restore investor confidence amid concerns about rising interest rates and signs of a global economic slowdown.

Upbeat results from Boeing Co. were credited with briefly pushing the Dow higher in early morning trading.

The Dow Jones Industrial Average fell as much as 287 points before paring those losses to be down 40 points, or 0.2% to 25,142. The S&P 500 index was down 15 points, or 0.6% at 2,725, while the Nasdaq Composite Index fell 77 points to 7,360.

Volatility is expected to remain, as Wall Street wades through this week™s deluge of quarterly corporate results. Some 150 companies are slated to report, including several megacap names. Investors are seeking the degree to which higher interest rates are impacting the economy, as the Federal Reserve has indicated it will continue to tighten monetary policy by year™s end.

China's recent stock market troubles and political drama in Europe surrounding Italy™s budget row with the European Union and Britain's efforts to exit that trade bloc also have combined to hurt investor sentiment.

Source: Marketwatch

RELATED NEWS

Tokyo Shares Close Higher Ahead Of Fed Speech
Friday, 23 August 2019 13:43 WIB

Tokyo shares closed higher on Friday, supported by gains in Chinese shares, while investors awaited a key address by the US Federal Reserve chair. The benchmark Nikkei 225 index gained 0.40 percent, or 82.90 points, to end at 20,710.91, while the broader Topix index rose 0.28 percent, or 4.19 point...

Hong Kong Stocks Flat At Open
Friday, 23 August 2019 09:17 WIB

Hong Kong stocks opened marginally higher on Friday following big losses the day before and hours before a key speech by Federal Reserve boss Jerome Powell later in the day. The Hang Seng Index edged up 9.16 points to 26,057.88 at the open. The benchmark Shanghai Composite Index added 0.06 percent...

Tokyo Shares Flat Ahead of Fed Chair Powell Speech
Friday, 23 August 2019 07:39 WIB

Tokyo shares were treading water Friday as investors awaited a key address by the US Federal Reserve chair, who has come under pressure from the White House to cut rates. The benchmark Nikkei 225 index fell marginally, slipping 0.01 percent or 2.41 points to 20,625.60 in early trade, while the broa...

Boeing Boosts Dow While Investors Await Powell
Friday, 23 August 2019 04:03 WIB

Investors are betting big on Boeing for now, and the Dow Jones Industrial Average was the beneficiary on Thursday. The Dow finished the day up 0.2%, or about 50 points. But Boeing's shares were up more than 4.3% and added nearly 98 points to the blue-chip index by itself. At the same time, the S&a...

Hong Kong stocks end with steep losses (review)
Friday, 23 August 2019 03:07 WIB

Hong Kong shares sank on Thursday as hopes for US interest rate cuts were overshadowed by worries about the city's economy and the impact of protests that are now in their third month. The Hang Seng Index dived 0.84 percent, or 221.32 points, to 26,048.72. But the benchmark Shanghai Composite Inde...

ANOTHER NEWS
Gold Prices Drop Ahead of Jackson Hole Symposium
Friday, 23 August 2019 14:10 WIB Gold prices traded lower on Friday in Asia ahead of the Federal Reserve™s annual Jackson Hole Symposium, where Fed Chair Jerome Powell is expected to provide clarity on future monetary easing plans. Gold Futures for December delivery, traded on...

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.