Dow falls a second day, losing 150 points with investors nervous about earnings
Tuesday, 9 April 2019 23:37 WIB | MARKET UPDATE |DOW JONES Standard & Poor's 500Saham AS

The Dow Jones Industrial Average fell for a second straight day Tuesday as investors awaited the start of corporate earnings season later this week.

The Dow lost 160 points as Boeing stock came under pressure again on concerns about 737 Max jet production delays. The S&P 500 fell 0.5%, led by losses in industrials, energy and financial companies. The Nasdaq Composite dropped 0.2%.

Market focus is centered on corporate earnings results, with major U.S. banks set to kick off the first-quarter earnings season later in the week. J.P. Morgan Chase and Wells Fargo are both poised to report their latest figures on Friday, while Citigroup and BlackRock are scheduled to publish their results next week.

Bank of America, which will also report earnings next week, said Tuesday that it™s raising its minimum wage for its employees to $20 an hour. The minimum wage at the company will be raised to $17 effective May 1 and will increase in increments over the next two years.

Bank of America, Goldman Sachs, J.P. Morgan and Morgan Stanley all fell at least 0.5%.

Source: CNBC

RELATED NEWS

Hong Kong shares in retreat after US bill's passage (Review)
Friday, 22 November 2019 04:22 WIB

Hong Kong stocks finished sharply lower Thursday after the passage of a US bill supporting the city's rights fuelled fears about the outlook for China-US trade talks. The Hang Seng index fell 1.57 percent, or 422.73 points, to 26,466.88. The benchmark Shanghai Composite Index lost 0.25 percent, or...

Dow, S&P 500 Log Longest String of Declines in Months With Third Straight Losses
Friday, 22 November 2019 04:22 WIB

U.S. stocks closed modestly lower Thursday, with the S&P 500 and the Dow marking their third straight losses, after investors digested mixed headlines on the progress of trade negotiations, with reports indicating that China had invited American negotiators to Beijing for face-to-face talks, eve...

U.S. Stocks Edge Lower as Investors Eye State of Trade Talks
Thursday, 21 November 2019 23:48 WIB

U.S. stocks fell slightly on Thursday as investors digested mixed headlines on the progress of trade negotiations, with reports saying that China had invited American negotiators to Beijing for face-to-face talks, even though the U.S. Congress passed a bill supporting protesters in Hong Kong late We...

European Stocks Close Lower Amid Mixed Signal On U.S.-China Trade
Thursday, 21 November 2019 23:42 WIB

European stocks traded lower Thursday as relations between China and the U.S. come under strain over Hong Kong, amid concerns that œphase one of a trade deal between the two powerhouses may be pushed into 2020. The pan-European Stoxx 600 was 0.5% at 402.21 lower during afternoon deals, with al...

Stocks open little changed as Wall Street assesses US-China trade developments
Thursday, 21 November 2019 21:53 WIB

Saham AS dibuka datar pada Kamis ini karena investor mengkaji laporan terbaru seputar perang perdagangan AS-China. Saham Dow Jones Industrial Average naik hanya 6 poin, atau 0,02%. Indeks S&P 500 dan Nasdaq Composite juga melayang tepat di atas garis datar. Wakil Perdana Menteri China Liu He m...

ANOTHER NEWS
Hong Kong shares in retreat after US bill's passage (Review)
Friday, 22 November 2019 04:22 WIB Hong Kong stocks finished sharply lower Thursday after the passage of a US bill supporting the city's rights fuelled fears about the outlook for China-US trade talks. The Hang Seng index fell 1.57 percent, or 422.73 points, to 26,466.88. The...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.