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, 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 ...
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...
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 ...
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...
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...