Stocks head for 4-day losing streak after ECB slashes European growth forecast
Thursday, 7 March 2019 21:39 WIB |
MARKET UPDATE |DOW JONES Standard & Poor's 500Indeks NasdaqSaham AS
Stocks fell on Thursday after the European Central Bank slashed its economic growth forecast for 2019 and announced a new round of stimulus to help banks in the region, stoking worries over the global economy.
The Dow Jones Industrial Average trade 57 points lower as shares of Goldman Sachs lagged. The S&P 500 dipped 0.2 percent, led by declines in the financials and tech sectors. The Nasdaq Composite dipped 0.25 percent.
ECB President Mario Draghi said the central bank cut its growth estimate to 1.1 percent, down from a 1.7 percent expansion forecast released in December.
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 ...