Market Ends Mixed as Dow Sees Red on Fresh Trade Jitters
Friday, 25 January 2019 04:16 WIB |
MARKET UPDATE |Wall StreetSaham AS
Wall Street closed mixed Thursday, as a rally in chip stocks helped offset some investor worries about a lack of progress on U.S.-China trade talks.
The Dow Jones Industrial Average fell 0.09% and the S&P 500 gained 0.12%. The Nasdaq Composite rose 0.68%.
A slew of blowout earnings from chip companies ushered in a sea of green across tech.
The Philadelphia Semiconductor Index rallied 6%, led by chipmaker Xilinx as its above-consensus earnings and guidance sent its share price soaring more than 18%.
The months-long trade war has weighed on risk sentiment, with many U.S. businesses flagging the tariffs on imported Chinese goods as a key driver of increased costs, which have compressed margins. Investing.com
Thursday, 23 January 2020 04:22 WIB
Hong Kong shares recovered some of the previous day's sharp losses on bargain-buying Wednesday but traders remain on edge as they await developments linked to the deadly SARS -like virus that has spread from China.
The Hang Seng index climbed 1.27 percent, or 355.71 points, to close at 28,341.04.
Thursday, 23 January 2020 04:17 WIB
U.S. stocks closed virtually unchanged Wednesday, giving up strong early gains even as investors weighed reports about the Chinese flu outbreak.
The Dow Jones Industrial Average closed about 9 points, less than 0.1%, higher, at about 29,187, while the S&P 500 was up a point, less than 0.1%, at ...
Thursday, 23 January 2020 00:05 WIB
European markets edged lower on Wednesday afternoon despite China's unveiling of measures to rein in the spread of a new strain of coronavirus that has killed nine people so far.
The pan-European Stoxx 600 was down 0.17% to 422.67 by the close of trade. Financial services led gains while autos and ...
Wednesday, 22 January 2020 23:49 WIB
U.S. stocks pushed higher Wednesday, with major benchmarks touching new intraday records, after Chinese authorities provided assurance they were taking steps to contain a possible coronavirus pandemic, relieving investor fears about a threat to global economic growth.
The Dow Jones Industrial Avera...
Wednesday, 22 January 2020 21:52 WIB
The S&P 500 and the Nasdaq hit fresh all-time highs at the open on Wednesday, as investors took heart from China™s efforts to contain a virus outbreak and a strong forecast from IBM.
The Dow Jones Industrial Average rose 67.59 points, or 0.23%, at the open to 29,263.63. The S&P 500 opened...