Dow jumps 200 points after the US and Mexico reach a deal to avoid tariffs
Monday, 10 June 2019 23:22 WIB |
MARKET UPDATE | Standard & Poor's 500Saham AS
Stocks rose on Monday, extending last week™s big gains, after the U.S. reached an agreement with Mexico on tariffs, easing some of the trade concerns which have weighed on the market since early May.
The Dow Jones Industrial Average rose about 223 points, while the S&P 500 gained about 1%, less than 2% from its intraday all-time high hit on May 1. The Nasdaq Composite rose nearly 2%, led by Amazon.
President Donald Trump announced Sunday that proposed tariffs on Mexican imports would be suspended indefinitely. Trump said in a Twitter post that he has œfull confidence that Mexico will crack down on migration from Central America, after the two neighbors reached a consensus.
Shares of GM and Ford, two companies that had a lot to lose in a trade battle with Mexico because of their production there, jumped 1.8% and 2.6% respectively on Monday.
Monday, 27 January 2020 07:26 WIB
Tokyo's key Nikkei index dropped more than two percent at the open on Monday on concerns over the potential impact of a new coronavirus that has killed 80 people in China.
The benchmark Nikkei 225 index lost 2.04 percent, or 486.13 points, to 23,341.05 in early trade, while the broader Topix index ...
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...
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...
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...
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...