Dow jumps 250 points after strong Walmart and Cisco earnings
Thursday, 16 May 2019 23:22 WIB |
MARKET UPDATE |Saham AS
Stocks rose on Thursday as investors weigh strong earnings from Walmart and Cisco Systems against lingering trade-war fears.
The Dow Jones Industrial Average traded 254 points higher as Walmart and Cisco outperformed. The S&P 500 gained 1.2% while the Nasdaq Composite advanced 1.4%. Both the S&P 500 and Nasdaq also erased their losses for the week.
Walmart shares rose 3.5% after the retailer posted first-quarter earnings that topped analyst expectations. The company also said it is in a œgood position to meet its goals for 2019 despite tough comparisons for the second quarter.
Cisco Systems also reported better-than-expected quarterly earnings, sending its stock up 5.4%. The company also issued stronger-than-forecast revenue guidance.
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...