Dow on track for triple-digit loss after worse-than-expected 3M earnings
Thursday, 25 April 2019 20:45 WIB |
MARKET UPDATE |DOW JONES Standard & Poor's 500saham A.S
Stocks struggled for direction at the opening bell as the tech-sector's gains led the Nasdaq higher even as disappointing earnings from 3M Co. dragged the blue-chip Dow lower.
The S&P 500 was up nearly 0.2% to 2,932. The Dow Jones Industrial Average was down 182 points, or 0.7%, to 26,414. The Nasdaq Composite rose 0.6% to 8,150. Investors were contending with signs of slower global growth after South Korea's first-quarter gross domestic product fell by 0.3%.
A component of the Dow, shares of 3M Co. fell close to 10% after the company slashed its 2019 earnings guidance and announced it would cut 2,000 jobs. In other news, shares of Microsoft Co rose nearly 5% after the software giant reported healthy first-quarter results on late-Wednesday.
Tuesday, 25 June 2019 17:55 WIB
U.S. stock index futures were lower Tuesday morning, amid expectations of more dovish talk from the Federal Reserve.
At around 04:50 a.m. ET, Dow futures slipped 17 points, indicating a positive open of more than 9 points. Futures on the S&P and Nasdaq were both seen slightly lower.
Tuesday, 25 June 2019 15:33 WIB
Hong Kong shares fell more than one percent Tuesday, hit by concerns over rising Iran-US tensions and as investors await this week's crucial trade talks between Donald Trump and Xi Jinping.
The Hang Seng Index sank 1.15 percent, or 327.02 points, to 28,185.98.
The benchmark Shanghai Composite Inde...
Tuesday, 25 June 2019 14:57 WIB
Chinese shares ended lower on Tuesday, snapping a six-day streak of gains, as investors locked in profits, while concerns that China and the United States would make little headway toward resolving their bitter trade war this week also hurt sentiment.
At the close, the Shanghai Composite index was ...
Tuesday, 25 June 2019 14:12 WIB
European stocks opened lower Tuesday after the U.S. imposed sanctions on Iran over the shooting down of an unmanned American drone last week.
The pan-European Stoxx 600 dropped 0.3% at the opening bell, auto stocks leading declines with a 1% fall in the early minutes of trade, while technology was ...
Tuesday, 25 June 2019 13:20 WIB
Tokyo stocks fell Tuesday on a strong yen with all eyes on a highly anticipated US-China meeting at the Group of 20 summit later this week.
The benchmark Nikkei 225 index lost 0.43 percent, or 92.18 points, at 21,193.81, while the broader Topix index was down 0.27 percent, or 4.25 points, at 1,543....