Dow ends with triple-digit loss as weak retailer earnings offset Fed minutes
Thursday, 23 May 2019 03:19 WIB |
MARKET UPDATE |Indeks NasdaqIndeks Dow JonesSahamASIndesk S&P 500
U.S. stocks ended lower at the closing bell on Wednesday after a raft of weaker-than-expected earnings from retailers overshadowed the Federal Reserve's minutes where it reiterated the central bank's patient stance.
The S&P 500 fell 0.3% to finish around 2,856. The Dow Jones Industrial Average retreated 101 points, or 0.4%, to end near 25,776. The Nasdaq Composite was down 0.4% to finish around 7,751. Shares of Lowe's Cos. and Nordstrom Inc. fell 9% and 12%, respectively, after both delivered worse-than-expected first-quarter earnings.
The Fed's minutes from its most recent meeting showed officials were comfortable with the central bank's accommodative policies, though they were split on the outlook for interest rates. Trade tensions continued to linger in investors' horizons even as China's ambassador to the U.S. said late Tuesday Beijing was open to renewing trade negotiations.
Source : MarketWatch
Tuesday, 19 November 2019 09:02 WIB
Hong Kong stocks inched down at the start of business Tuesday following the previous day's jump of more than one percent, with investors also on edge over the China-US trade talks and ongoing protests in the city.
The Hang Seng index dipped 9.77 points, to 26,671.32.
The benchmark Shanghai Composi...
Tuesday, 19 November 2019 07:37 WIB
Asian shares started Tuesday softer as another day awaiting clearer news on the progress of U.S.-China trade negotiations weighed on jaded investors' sentiment.
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.1%.
Japan's Nikkei was 0.2% lower in early trade. Australia's S&P/A...
Tuesday, 19 November 2019 07:25 WIB
Tokyo stocks opened lower on Tuesday as investors warily watched the latest developments in the US-China trade row, with few other fresh market-moving events.
The benchmark Nikkei 225 index was down 0.21 percent or 48.44 points at 23,368.32 in early trade, while the broader Topix index was down 0.1...
Tuesday, 19 November 2019 04:32 WIB
Hong Kong stocks rose more than one percent Monday, staging a rebound after losing around five percent last week, with trade optimism trumping worries about violent protests in the city.
The Hang Seng index jumped 1.35 percent, or 354.43 points, to 26,681.09.
The benchmark Shanghai Composite Index...
Tuesday, 19 November 2019 04:29 WIB
U.S. stocks finished slightly higher on Monday, carving out record closes for all three major equity benchmarks, as investors tried to gauge the progress on a phase one trade deal between U.S. and China.
The S&P 500 was up 2 points, or less than 0.1%, to finish at 3,122. The Dow Jones Industria...