Wall Street Plunges on Trade, Growth Worries
Friday, 24 May 2019 03:22 WIB |
MARKET UPDATE |DOW JONESS & P 500Indeks NasdaqSahamAS
Stocks took a beating Thursday as investors worried that a U.S.-China trade war could drag on indefinitely and sap global growth.
The only good news was that the major indexes bounced off their lows in the last hour of trading. The Dow Jones Industrial Average fell 1.1% or 286.14 to 25,490.47 . The S&P 500 slumped 1.2% or 34.65 to 2,821.62 and the Nasdaq Composite dropped 1.6% or 122.56 to 7,628.28.
Stocks have succumbed to selling pressure in May after Washington and Beijing engaged in tit-for-tat tariffs and other retaliatory measures, with the S&P 500 on track to post its worst monthly decline since the December selloff.
Beijing said on Thursday Washington needs to correct its "wrong actions" for trade talks to continue after the United States blacklisted Huawei Technology last week.
Source : Investing.com
Tuesday, 22 October 2019 20:57 WIB
U.S. stocks mostly edged higher at the start of trade Tuesday as investors parsed a bevy of third-quarter earnings reports and continued to monitor developments in U.S.-China trade negotiations.
The Dow Jones Industrial Average fell about 5 points, or less than 0.1% to 26,824, the S&P 500 index...
Tuesday, 22 October 2019 16:43 WIB
U.S. stock index futures turned slightly lower on Tuesday morning.
At around 05:30 a.m. ET, Dow futures dipped 22 points, indicating a negative open of more than 8 points. Futures on the S&P and Nasdaq were both slightly lower.
Market focus is largely attuned to global trade developments after...
Tuesday, 22 October 2019 15:40 WIB
Hong Kong stocks finished on a positive note Tuesday, tracking gains on Wall Street thanks to growing hopes that China and the US will hammer out the first phase of their trade pact by next month.
The Hang Seng Index rose 0.23 percent, or 60.52 points, to 26,786.20.
The benchmark Shanghai Composit...
Tuesday, 22 October 2019 14:42 WIB
China stocks recouped earlier losses to end higher on Tuesday, bolstered by tech firms as investors cheered their solid earnings as Beijing seeks to support the sector amid a bruising trade war.
The blue-chip CSI300 index rose 0.4%, to 3,895.88, while the Shanghai Composite Index added 0.5% to 2,95...
Tuesday, 22 October 2019 14:22 WIB
European markets opened flat on Tuesday morning as U.K. lawmakers gear up to debate Prime Minister Boris Johnson's EU Withdrawal Agreement Bill, while traders also track big name corporate earnings.
The pan-European Stoxx 600 hovered around the flatline at 394.08 in early trade, with insurance and ...