Dow drops 600 points after China retaliates with tariff hikes
Monday, 13 May 2019 23:34 WIB |
MARKET UPDATE |Saham AS
Stocks fell sharply on Monday, giving back the gains from a strong turnaround in the previous session, after China decided to raise tariffs on some U.S. goods as the ongoing trade war between the world™s largest economies intensifies.
The Dow Jones Industrial Average traded down 611 points, while a 3.4% drop in the tech sector pushed the S&P 500 down by 2.3%. The Nasdaq Composite dropped 3.2%.
China will hike tariffs on $60 billion worth of U.S. imports, starting on June 1. The goods targeted include a broad range of agricultural products. This comes after President Donald Trump raised tariffs on Chinese imports last week.
Wednesday, 16 October 2019 15:30 WIB
Hong Kong shares closed higher on Wednesday, in line with a rally across Asia and after shrugging off a mid-morning drop when the city's leader was forced to briefly abandon a policy speech owing to heckling by opposition lawmakers.
The Hang Seng Index added 0.61 percent, or 160.35 points, to 26,66...
Wednesday, 16 October 2019 14:20 WIB
European stocks opened mostly lower Wednesday as investors pause for guidance on the likelihood of an imminent Brexit deal between the U.K. and the EU.
The pan-European Stoxx 600 hovered just below the flatline in the opening minutes of trading, with basic resources falling 1.2% to lead losses whil...
Wednesday, 16 October 2019 13:20 WIB
Tokyo stocks closed higher for a fourth straight session on Wednesday, taking a positive lead on Wall Street following a batch of strong corporate earnings.
The benchmark Nikkei 225 index gained 1.20 percent, or 265.71 points, to end at 22,472.92, while the broader Topix index rose 0.70 percent, or...
Wednesday, 16 October 2019 10:39 WIB
Japanese shares rallied to more than 10-month highs on Wednesday as a weaker yen lifted blue-chip exporters, while chip-related stocks advanced, taking their cue from Wall Street peers.
The benchmark Nikkei average rose as much as 1.8% to 22,615.47, its highest intra-day level since Dec. 3 in early...
Wednesday, 16 October 2019 08:54 WIB
Hong Kong stocks dipped in the opening minutes of Wednesday after US lawmakers passed a bill defending Hong Kong protesters' rights, fuelling concerns of a fresh conflict with China.
The Hang Seng Index eased 0.16 percent, or 42.18 points, to 26,461.75.
The benchmark Shanghai Composite Index added...