S&P 500 enjoys best January since 1987 as Fed energizes investors
Friday, 1 February 2019 04:31 WIB |
MARKET UPDATE |DOW JONESS & P 500 Standard & Poor's 500Saham ASNasdaq
U.S. stocks ended mostly higher Thursday, a day after the Federal Reserve struck a surprisingly dovish tone on monetary policy.
The S&P 500 and the Dow Jones Industrial Average posted their biggest January rally in decades. The S&P 500 rose 0.9% to end around 2,705, based on preliminary numbers. The Dow Jones Industrial Average fell 12 points, or less than 0.1%, to 25,002. The Nasdaq Composite advanced 1.4% to end near 7,282. The blue-chip Dow enjoyed its strongest January since 1989, while the S&P posted its best January since 1987.
Stock investors were buoyed by the Fed's urging for a more patient approach to monetary policy on Wednesday amid softer global growth and fragile financial markets. Market participants are also watching trade developments after President Donald Trump tweeted that no trade agreement would be reached with China until longstanding issues were resolved.
Thursday, 23 January 2020 10:30 WIB
Tokyo shares dropped on Thursday, led by energy-related and cyclical stocks, as investors remained anxious about the spread of a new flu-like virus in China and awaited Japanese corporate earnings.
The Nikkei share average dropped 0.5% to 23,901.72 in mid-morning trade, giving up nearly all the gai...
Thursday, 23 January 2020 09:04 WIB
Hong Kong stocks sank at the start of trade Thursday, with investors nervous over the deadly SARS -like virus that has spread from China.
The Hang Seng Index fell 0.82 percent, or 231.29 points, to 28,109.75.
The benchmark Shanghai Composite Index dropped 0.74 percent, or 22.80 points, to 3,037.95...
Thursday, 23 January 2020 07:38 WIB
Tokyo stocks opened lower on Thursday with the yen holding firm and risk appetite dampened by concerns about a new virus from China.
The benchmark Nikkei 225 index lost 0.77 percent or 184.53 points to 23,846.82 in early trade while the broader Topix index was down 0.58 percent or 10.19 points at 1...
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 ...