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
Wednesday, 29 January 2020 17:13 WIB
U.S. stock index futures rose on Wednesday morning as markets continue to rebound from Monday™s heavy sell-off.
At around 4:30 a.m. ET, Dow futures were up by 36 points and implied a positive open of more than 73 points, while futures on the S&P 500 and Nasdaq were also higher.
Wednesday, 29 January 2020 15:34 WIB
Hong Kong shares finished with steep losses Wednesday as investors returned from their Lunar New Year break with world markets panicked by the spread of a deadly virus.
The Hang Seng index sank 2.82 percent, or 789.01 points, to 27,160.63.
Mainland Chinese markets were still closed for the holiday...
Wednesday, 29 January 2020 15:13 WIB
European markets opened slightly higher on Wednesday as investors in the region brush off concerns about the spread of the China coronavirus.
The pan-European Stoxx 600 edged 0.1% higher in early trade, with banks adding 0.6% to lead gains while food and beverages, autos and household goods slid by...
Wednesday, 29 January 2020 13:15 WIB
Tokyo stocks closed higher on Wednesday after Wall Street rebounded, as investors eyed developments related to the spread of the deadly novel coronavirus.
The benchmark Nikkei 225 index added 0.71 percent, or 163.69 points, to end at 23,379.40, while the broader Topix index rose 0.45 percent, or 7....
Wednesday, 29 January 2020 10:17 WIB
Japanese shares bounced back modestly on Wednesday, partially clawing back hefty losses from the previous session, even as the upside was limited on worries related to the fast-spreading coronavirus.
The Nikkei share average rose 0.5% to 23,325.52 by the midday break, one day after sliding 2%, whil...