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.
Friday, 20 September 2019 18:59 WIB
U.S. stocks on Friday were on track to open near records as investors looked beyond a litany of central-bank decisions of the past week and focused on signs of improving China-U.S. trade developments.
Futures for the Dow Jones Industrial Average were climbing 60 points, or 0.2%, at 27,138, those fo...
Friday, 20 September 2019 15:44 WIB
Hong Kong stocks ended the week with another loss Friday as investors fret over the impact of weeks of sometimes violent protests on the city's economy.
The Hang Seng Index slipped 0.13 percent, or 33.28 points, to 26,435.67.
The benchmark Shanghai Composite Index gained 0.24 percent, or 7.17 poin...
Friday, 20 September 2019 14:34 WIB
The Shanghai Composite Index rose for the third day, climbing 0.2 percent, or 7.17 to 3,006.45 in Shanghai.
Kweichow Moutai Co. contributed the most to the index gain, increasing 1.1 percent. Jinxi Axle Co. had the largest increase, rising 10.1 percent.
Today, 667 of 1,530 shares rose, while 760 f...
Friday, 20 September 2019 14:24 WIB
European stocks opened slightly higher Friday morning, amid caution about the possibility of the world's two largest economies de-escalating their long-running trade war.
The pan-European Stoxx 600 was up around 0.2% at 392.70 shortly after the opening bell, with most sectors and major bourses in p...
Friday, 20 September 2019 13:25 WIB
Tokyo shares ended higher Friday thanks to the yen's stability after the Bank of Japan hinted at possible further easing, though the US-China trade row continued to worry investors.
The headline Nikkei 225 index added 0.16 percent to 34.64 points to 22,079.09, while the broader Topix index rose 0.0...