Dow falls more than 200 points as global growth worries resurface
Monday, 14 January 2019 21:44 WIB |
MARKET UPDATE |DOW JONESS & P 500 Standard & Poor's 500Saham ASNasdaq
U.S. equity benchmarks opened solidly lower on Monday, amid weaker-than-expected China trade data that has helped to spark fresh concerns over a global economic slowdown.
The Dow Jones Industrial Average fell 220 points, 0.9%, at 23,775, while the S&P 500 index slipped 1% at 2,570, and the Nasdaq Composite Index retreated by 1.2% at 6,887. China reported surprisingly weak imports and exports data for December, amid a tariff spat with U.S.
In corporate news, Citigroup reported fourth-quarter profit that was better than expected but revenues were less than estimated by Wall Street analysts. The bank's results usher in the unofficial start of earnings season, with JPMorgan Chase & Co. and others expected to deliver their results later this week.
Saturday, 21 September 2019 03:33 WIB
Hong Kong stocks ended the week with another loss Friday as investors fret over the impact of weeks of sometimes violent protests on the city's economy.
The Hang Seng Index slipped 0.13 percent, or 33.28 points, to 26,435.67.
The benchmark Shanghai Composite Index gained 0.24 percent, or 7.17 poin...
Saturday, 21 September 2019 03:27 WIB
Wall Street dropped on Friday after a Chinese agriculture delegation canceled a planned visit to Montana next week, dampening optimism about U.S.-China trade talks.
The Dow Jones Industrial Average fell 160.19 points, or 0.59%, to 26,934.6, the S&P 500 lost 15.08 points, or 0.50%, to 2,991.71 a...
Friday, 20 September 2019 23:51 WIB
European shares were set for their fifth straight week of gains on Friday, led by defensive and retail stocks, but gains were limited as investors remained cautious about a wider economic slowdown and progress in U.S.-China trade talks.
A 1.08% increase in the retail sector helped lift the pan-Euro...
Friday, 20 September 2019 23:38 WIB
U.S. stocks ticked higher on Friday, as cues of easing monetary policy around the globe and signs of further co-operation on Sino-U.S. trade talks kept the S&P 500 within 1% of a record high.
China cut its new one-year benchmark lending rate for the second month in a row, days after the Federal...
Friday, 20 September 2019 20:45 WIB
U.S. stocks opened higher on Friday, pushing key equity benchmarks closer to all-time highs, as investors keyed into encouraging signs on U.S.-China trade talks.
The S&P 500 was up 0.2% to trade at 3,012. The Dow Jones Industrial Average advanced 59 points, or 0.2% , to 27,152. The Nasdaq Compo...