Stocks Stage Comeback as Dow Ends Nearly 200 Points Higher
Wednesday, 22 May 2019 03:13 WIB | MARKET UPDATE |DOW JONESS & P 500Indeks NasdaqSahamAS

U.S. stocks ended solidly higher Tuesday after equity investors were buoyed by Washington's decision to grant a temporary reprieve on restrictions to China telecom giant Huawei Technologies Co..

The S&P 500 climbed 0.9% to finish near 2,864. The Dow Jones Industrial Average advanced 198 points, or 0.8%, to end around 25,877. The Nasdaq Composite climbed 1.1% to finish around 7,786. Equities rebounded from Monday's selloff in technology and chip-maker stocks after U.S. officials said they would give a 90-day exception to an export blacklist against Huawei, which has been in the cross sights of Washington.

However, Huawei founder Ren Zhengfei said his company would outmuscle its rivals in 5G in a few years, and that the company was ready for the export ban. In company news, shares of J.C. Penney Co. Inc. fell 7.4% after the department store chain missed analysts' expectations for first-quarter earnings.

Source : Marketwatch

RELATED NEWS

European Markets Close Higher as Oil Prices Surge
Thursday, 2 April 2020 23:30 WIB

European stocks closed slightly higher Thursday, after fluctuating for much of the session, as investors reacted to a record number of U.S. jobless claims and movements in the energy markets. The pan-European Stoxx 600 closed up by 0.2% at 312.08 , with oil and gas stocks jumping over 5%. The secto...

U.S. Stocks Open Lower, On Pace For Third Day Of Losses After Record Jobless Claims Data
Thursday, 2 April 2020 20:55 WIB

U.S. stocks fell at the start of trade Thursday, reversing premarket gains, after the Labor Department reported that 6.6 million Americans applied for jobless benefits in the week ended March 28, a new record. The Dow Jones Industrial Average fell 150 points, or 0.7% to trade around 20,825, the S&a...

Stock Futures Point to Thursday Opening Bounce on Wall Street After Second Quarter's Rocky Start
Thursday, 2 April 2020 16:37 WIB

U.S. stock futures rose in early morning trade on Thursday and pointed to gains at the day™s open, as markets try to rebound after kicking off the second quarter in the red. Dow futures rose 398 points, indicating a gain of about 331 points at the open on Thursday. The S&P 500 and Nasdaq Comp...

Hong Kong Stocks Finish on Upbeat Note
Thursday, 2 April 2020 15:38 WIB

Hong Kong shares reversed early losses to end Thursday on a high, with energy firms boosted by a surge in oil prices, though fears over the coronavirus outbreak are keeping traders on edge. The Hang Seng Index added 0.84 percent, or 194.27 points, to 23,280.06. The benchmark Shanghai Composite Ind...

European Markets Whipsaw as Coronavirus Remains in Focus; Oil And Gas Stocks Bounce
Thursday, 2 April 2020 15:19 WIB

European stocks turned negative Thursday morning as markets react to developments related to the coronavirus pandemic in the U.S. and around the world. The pan-European Stoxx 600 reversed early gains to fall 0.5% below the flatline, with oil and gas stocks jumping 4.3% while financial services and ...

ANOTHER NEWS
Sterling Hits 3-Week High against Euro, Flat vs Dollar
Thursday, 2 April 2020 23:39 WIB Sterling hit a three-week high versus the euro on Thursday and held recent gains versus the dollar, as the British currency was swept up in global market swings that weakened the euro broadly. The pound has rebounded in recently after crashing...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.