Dow drifts lower as investors await a key policy update from Fed's Powell
Wednesday, 20 March 2019 20:46 WIB |
MARKET UPDATE | Standard & Poor's 500Saham AS
U.S. stock benchmarks on Wednesday retreated slightly at the open ahead of a Federal Reserve meeting and news conference expected to reaffirm the central bank's dovish policy stance.
The Dow Jones Industrial Average was off by about 60 points, or 0.2%, at 25,824, while the S&P 500 index was slipping 0.1% at 2,828, while the Nasdaq Composite Index was virtually unchanged at 7,722. Later Wednesday, the Jerome Powell-run central bank will release its economic forecasts at 2 p.m. Eastern Time, and Powell will host a news conference a half-hour later.
Meanwhile, investors are watching developments in U.S.-China trade talks after Tuesday reports by the Wall Street Journal indicated Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin planned to go to Beijing next week, in an effort to complete a tariff agreement.
Tuesday, 22 October 2019 08:53 WIB
Hong Kong stocks ticked higher in the first few minutes of trade Tuesday, tracking gains on Wall Street and boosted by signs of further progress in the China-US trade talks.
The Hang Seng Index added 0.33 percent, or 88.13 points, to 26,813.18.
The benchmark Shanghai Composite Index rose 0.20 perc...
Tuesday, 22 October 2019 08:11 WIB
Asian share markets edged ahead on Tuesday amid cheery chatter about the chance of a Sino-U.S. trade deal, while investors were sanguine yet another vote on Brexit would still avert a hard exit.
A holiday in Tokyo kept turnover light and MSCI's broadest index of Asia-Pacific shares outside Japan ad...
Tuesday, 22 October 2019 04:04 WIB
Hong Kong stocks ended slightly up Monday, boosted by upbeat comments by China's top negotiator on progress in trade talks with the United States.
The Hang Seng Index rose 0.08 percent, or 20.66 points, to 26,740.24.
The benchmark Shanghai Composite Index finished 0.05 percent higher, or 1.48 poin...
Tuesday, 22 October 2019 04:00 WIB
U.S. stock benchmarks closed higher Monday, amid optimism over tariff talks and better-than-expected corporate earnings, but a decline in shares of Boeing capped gains for the blue-chip Dow Jones Industrial Average.
The Dow ended the day 57.44 points, or 0.2%, higher at 26,827.64.
Boeing Co.™s s...
Monday, 21 October 2019 23:24 WIB
U.S. stock benchmarks edged higher Monday, amid optimism over tariff talks and better-than-expected corporate earnings, but a decline in shares of Boeing was capping gains in the blue-chip Dow index.
The Dow Jones Industrial Average edged 20 points, or less than 0.1%, higher at 26,790.