Dow Rises 150 Points at Start of Friday But Poised for 5th Weekly Loss in a Row
Friday, 24 May 2019 20:45 WIB | MARKET UPDATE |DOW JONESS & P 500Saham AS

U.S. stocks opened higher on Friday, capping a mostly downbeat week for equities, weighed by U.S.-China trade tensions, which put the three main indexes on track to post consecutive weekly losses heading into the Memorial Day holiday.

The Dow Jones Industrial Average rose 150 points, or 0.6%, at 25,651, set for a weekly slump of 1.1% and its fifth straight weekly loss, as of Thursday's close, the S&P 500 index rose 17 points, or 0.6%, at 2,839, poised for a 1.3% weekly skid.

Meanwhile, the Nasdaq Composite Index advanced 0.8% at 7,685, but was on pace for a 2.4% weekly slide as of Thursday's finish.

The main political news for the day centered on apparent softening of trade tensions between the U.S. and China and Theresa May's announced resignation as U.K. prime minister amid her failed attempts at Brexit.

 In economic news, orders for durable goods-products designed to last at least three years, such as cars and appliances-fell 2.1% from the prior month to a seasonally adjusted $248.4 billion in April, the Commerce Department said Friday.

Source : Market Watch

RELATED NEWS

Stocks end lower on worries over coronavirus outbreak
Saturday, 25 January 2020 04:19 WIB

Stocks ended lower Friday, giving up early gains after authorities confirmed a second U.S. coronavirus case. The Dow Jones Industrial Average fell around 170 points, or 0.6%, to end near 28,990, according to preliminary figures, while the S&P 500 lost around 30 points, or 0.9%, to finish near 3...

European stocks close higher as WHO says no 'global emergency' yet for China virus; data offers relief
Saturday, 25 January 2020 00:00 WIB

European stocks rebounded on Friday, breaking a four-day losing streak after the World Health Organization (WHO) said the deadly Chinese coronavirus was not a œglobal emergency yet. The pan-European Stoxx 600 jumped 0.85% to 423.62 by the closing bell, with industrials and technology stocks le...

Stocks Give Up Early Gains as Coronavirus Fears Linger
Friday, 24 January 2020 23:35 WIB

Stocks largely gave up early gains midmorning Friday, after authorities confirmed a second U.S. case of the coronavirus, underlining concerns about the spread of the potentially deadly virus that originated in China. Still, Investor optimism following quarterly results buoyed shares of companies li...

Stocks Open Slightly Higher After Strong Earnings
Friday, 24 January 2020 21:44 WIB

Stocks opened with modest gains Friday, with the Nasdaq Composite pushing further into record territory, after a round of strong corporate earnings overshadowed worries over the spread of the coronavirus. The Dow Jones Industrial Average rose 96 points, or 0.3%, to 29,256, while the S&P 500 was...

Dow Seen Opening in Positive Territory as Intel, AmEx Shares Punch Higher in Premarket Action
Friday, 24 January 2020 19:56 WIB

U.S. stock-index futures were gaining modestly on Friday, with equity benchmarks set to end the week mostly higher, despite anxieties around a fast-moving Asia flu outbreak that has seen death tolls rise in China. The Dow industrials was poised to open Friday trade with positive gains on the back o...

ANOTHER NEWS
Stocks end lower on worries over coronavirus outbreak
Saturday, 25 January 2020 04:19 WIB Stocks ended lower Friday, giving up early gains after authorities confirmed a second U.S. coronavirus case. The Dow Jones Industrial Average fell around 170 points, or 0.6%, to end near 28,990, according to preliminary figures, while the S&P...

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.