Stocks end on a negative note as bank earnings disappoint
Tuesday, 16 April 2019 03:27 WIB |
MARKET UPDATE |Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS
U.S. stocks finished slightly lower on Monday after earnings from Goldman Sachs Group Inc. and Citigroup Inc. underwhelmed amid concerns over the banking sector's health.
The Dow Jones Industrial Average shed 28 points, or 0.1%, to end around 26,384, based on preliminary numbers. The S&P 500 fell by less than 0.1% to end around 2,906. The Nasdaq Composite fell 0.1% to finish near 7,976.
Though both Goldman Sachs and Citigroup beat their earnings estimates, their sharp decline in revenues failed to impress investors. Market participants are also looking for any signs of a so-called earnings recession, amid expectations S&P 500 constituent firms could post the first quarterly earnings decline in three years. Shares for Goldman Sachs were down 3.5%.
Source : MarketWatch
Friday, 10 April 2020 11:14 WIB
Japanese shares dropped on Friday on profit-taking ahead of the weekend, with trading volume remaining low due to the Easter holidays abroad.
The benchmark Nikkei average slipped 0.1% to 19,326.78 by the midday break, despite overnight gains on Wall Street, as investors locked in some recent gains....
Friday, 10 April 2020 07:41 WIB
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Friday, 10 April 2020 03:29 WIB
Stocks in Hong Kong ended with a healthy rally Thursday, in line with an advance across Asia, with investors cheered by signs that the rate of new coronavirus infections was slowing.
The Hang Seng Index jumped 1.38 percent, or 329.96 points, to 24,300.33.
The benchmark Shanghai Composite Index add...
Friday, 10 April 2020 03:20 WIB
U.S. stocks capped significant weekly gains on Thursday after the Federal Reserve made a surprise announcement that it would deploy $2.3 trillion of funds through its lending programs to support the broader economy.
Equity exchanges will be closed tomorrow in observance of the Good Friday holiday.
Thursday, 9 April 2020 23:42 WIB
Wall Street rose for the third time in four days on Thursday as the U.S. Federal Reserve rolled out a massive $2.3 trillion program to bolster local governments and businesses, while oil prices gained on expectations of a drastic cut in output.
In what is likely to be its largest rescue effort ever...