Stocks close higher for third time in four sessions on growing trade optimism
Thursday, 16 May 2019 03:37 WIB |
MARKET UPDATE |Indeks NasdaqIndeks Dow JonesSahamASindeksS&P 500
U.S. stocks recovered from early morning losses Wednesday after reports that the Trump administration was taking steps to ratchet down trade tensions with the European Union, Canada and Mexico.
The S&P 500 rose 0.6% or around 17 points higher to 2,851, while the Dow Jones Industrial Average added approximately 116 points, or 0.5% to 25,648, while the Nasdaq Composite index rallied 1.1%, or 88 points, to 7,822.
News reports indicated that the Trump Administration was delaying a decision to impose tariffs on auto imports that would have impacted trade partners in the European Union, while Treasury Secretary Steve Mnuchin also said that the administration is working on a plan to remove steel and aluminum tariffs on Canada and Mexico as part of its final push to ratify a new North American trade agreement. Technology shares, which are seen as trade-sensitive, led the market higher, along with shares of U.S. automakers Ford Motor Co. and General Motors Co.
Source : MarketWatch
Saturday, 21 September 2019 03:33 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...
Saturday, 21 September 2019 03:27 WIB
Wall Street dropped on Friday after a Chinese agriculture delegation canceled a planned visit to Montana next week, dampening optimism about U.S.-China trade talks.
The Dow Jones Industrial Average fell 160.19 points, or 0.59%, to 26,934.6, the S&P 500 lost 15.08 points, or 0.50%, to 2,991.71 a...
Friday, 20 September 2019 23:51 WIB
European shares were set for their fifth straight week of gains on Friday, led by defensive and retail stocks, but gains were limited as investors remained cautious about a wider economic slowdown and progress in U.S.-China trade talks.
A 1.08% increase in the retail sector helped lift the pan-Euro...
Friday, 20 September 2019 23:38 WIB
U.S. stocks ticked higher on Friday, as cues of easing monetary policy around the globe and signs of further co-operation on Sino-U.S. trade talks kept the S&P 500 within 1% of a record high.
China cut its new one-year benchmark lending rate for the second month in a row, days after the Federal...
Friday, 20 September 2019 20:45 WIB
U.S. stocks opened higher on Friday, pushing key equity benchmarks closer to all-time highs, as investors keyed into encouraging signs on U.S.-China trade talks.
The S&P 500 was up 0.2% to trade at 3,012. The Dow Jones Industrial Average advanced 59 points, or 0.2% , to 27,152. The Nasdaq Compo...