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.

Source: Marketwatch


Tokyo's Nikkei hits near six-month high on US-China deal
Tuesday, 15 October 2019 13:37 WIB

Tokyo's benchmark Nikkei index jumped to a near-six-month high Tuesday as investors played catch-up with global rallies on a US-China trade deal, with a weekend typhoon failing to dampen sentiment. The Nikkei 225 index gained 1.87 percent, or 408.34 points, to close at 22,207.21, the highest since ...

Hong Kong stocks slightly higher at open
Tuesday, 15 October 2019 09:05 WIB

Hong Kong stocks edged up slightly in the first few minutes of trade Tuesday, extending gains to a fourth day, after China and the US reached a mini trade agreement. The Hang Seng Index added 0.20 percent, or 52.44 points, to 26,574.29. The benchmark Shanghai Composite Index dipped 0.07 percent, o...

Stocks make cautious gains ahead of key Brexit summi
Tuesday, 15 October 2019 08:50 WIB

Asian stocks and Wall Street futures inched higher on Tuesday as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.01%. Australian shares were ...

Tokyo stocks open higher
Tuesday, 15 October 2019 07:28 WIB

Tokyo stocks opened higher Tuesday after a typhoon battered Japan over the long weekend, as investors played catch-up with other markets and Washington and Beijing worked on a trade deal. The benchmark Nikkei 225 index rose 1.27 percent or 277.83 points to 22,076.70 in early trade while the broader...

Hong Kong stocks end with healthy gains (Review)
Tuesday, 15 October 2019 03:44 WIB

Shares rallied on Monday in Hong Kong after China and the United States announced a partial trade deal that eased tensions between the economic superpowers. The Hang Seng Index jumped 0.81 percent, or 213.41 points, to 26,521.85, marking a third straight advance. The benchmark Shanghai Composite I...

Oil prices extend losses into second session on weak China data
Tuesday, 15 October 2019 13:46 WIB Oil prices fell on Tuesday, after heavy losses in the previous session, as two days of weak Chinese data added to worries about the top crude oil importer's energy demand growth. Brent crude (LCOc1) fell 47 cents, or 0.79%, to $58.88 a barrel by...


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