Stocks recovered earlier losses on Friday after the release of stronger sentiment data and a report of the U.S. removing some tariffs overshadowed U.S.-China trade worries.
The Dow Jones Industrial Average traded 69 points higher, erasing a 204-point drop, while the S&P 500 was up 0.1%. The Nasdaq Composite traded 0.2% higher.
Stocks also got a boost after Bloomberg News reported that the U.S. was poised to lift tariffs on steel and aluminum imports. The report, which cited sources, said the outstanding issue was the timing of the removal.
Equities started off the session with a sharp drop as China and the U.S. continue their tussle on the trade front.
Source: CNBC
RELATED NEWS
Hong Kong stocks end with healthy gains (review)
Wednesday, 19 June 2019 03:50 WIBSaham-saham Hong Kong berakhir naik satu persen pada hari Selasa, membangun keuntungan pada hari sebelumnya, karena para pedagang menanti pertemuan penting dari Federal Reserve. Indeks Hang Seng naik 1,00 persen, atau 271,61 poin, ke level 27.498,77. Indeks Shanghai Composite berakhir naik 0,09 pe...
S&P 500 ends around 1% of record after Trump touts U.S.-China trade meeting
Wednesday, 19 June 2019 03:23 WIBSaham AS berakhir lebih tinggi pada hari Selasa, setelah Presiden Trump menggembar-gemborkan panggilan telepon positif dengan rekannya dari China Xi Jinping tentang pertemuan perdagangan minggu depan di KTT G-20 di Jepang. Dow Jones Industrial Average naik 355 poin, atau 1,4%, berakhir di sekitar 2...
S&P 500 jumps to within 1% of record as Trump tweets plan for 'extended meeting' with President Xi
Tuesday, 18 June 2019 23:36 WIBIndeks saham AS menuju lebih tinggi pada tengah hari Selasa, mendorong pasar S&P 500 dalam kisaran 1% dari rekor penutupan ketika cuitan Presiden Donald Trump yang akan melakukan pertemuan lanjutan dengan presiden China Xi Jinping. Dow jones Industrial Average naik 330 poin, atau 1,3%, pada 26....
European stocks close higher following Draghi speech; Stoxx 600 hits one-month high
Tuesday, 18 June 2019 23:22 WIBSaham Eropa ditutup naik tajam pada Selasa, pasca Presiden ECB Mario Draghi menyarankan dalam pidato bahwa bank sentral akan memberikan lebih banyak stimulus - baik melalui penurunan suku bunga baru atau pembelian aset - jika inflasi tidak meningkat. Draghi juga mempertahankan alat yang disediakan ...
Dow Jumps 270 Points in Early Action as Draghi Comments Spark Fresh Hope For Fed Rate Cuts
Tuesday, 18 June 2019 20:53 WIBSaham A.S. pada hari Selasa naik, memperpanjang kenaikannya dari hari Senin, karena investor menunggu dimulainya pertemuan kebijakan Federal Reserve selama dua hari, yang dijadwalkan akan dimulai Selasa pagi nanti. Komentar oleh Presiden Bank Sentral Eropa Mario Draghi tentang pandangannya bahwa pe...
Gold prices end lower, snap multiday rally
No-deal Brexit chills send pound to a five-month low vs euro
Gold Retreats From 14-Month High as Fed Cut in Doubt
Gold poised to snap 4-day rally as metal hits a wall at around $1,370
Oil Prices Hold Steady Amid Mideast Tensions, Weak Economic Data
Hong Kong stocks end with healthy gains (review)
Wednesday, 19 June 2019 03:50 WIB
Hong Kong stocks ended up one percent Tuesday, building on the previous day's gains, as traders look ahead to a crucial meeting of the Federal Reserve.
The Hang Seng Index rose 1.00 percent, or 271.61 points, to 27,498.77.
The benchmark Shanghai...