Stocks end week on a high note, even after chip maker losses
Saturday, 15 June 2019 03:25 WIB |
MARKET UPDATE | Standard & Poor's 500SahamAS
Stocks mostly closed lower on Friday, leaving weekly gains still intact, after shares of computer chip makers came under pressure due to US-China trade tensions.
The S&P 500 fell 0.2% to end around 2,887. The Dow Jones Industrial Average shed 17 points, or less than 0.1%, to finish near 26,090. The Nasdaq Composite slipped 0.5% to end around 7,797. For the week, S&P was up 0.5%, the Dow was up 0.4% and the Nasdaq was up 0.7%. Broadcom Inc. shares led the slump in tech stocks on Friday after the semiconductor manufacturer lowered its guidance for the rest of the year on late Thursday.
Broadcom's stock tumbled 5.4%. Still, key equity benchmarks were propped up by expectations for the Federal Reserve to signal its plans to cut rates in the near-future at next week's meeting. In other company news, Chewy Inc. shares rose 63% after its debut IPO in the New York Stock Exchange. The pet care company's stock ended at around $36 a share.
Thursday, 17 October 2019 20:49 WIB
U.S. stocks opened with modest gains Thursday after U.K. and European Union leaders announced a draft agreement on Brexit and following a round of U.S. economic data and corporate earnings.
The Dow Jones Industrial Average rose 64 points, or 0.2%, to 27,065, while the S&P 500 gained 14 points, ...
Thursday, 17 October 2019 18:29 WIB
Stock-index futures pointed to a higher start for Wall Street Thursday, getting a boost after U.K. and European Union negotiators agreed on a draft Brexit deal.
The tentative pact, which was hailed by European Commission President Jean-Claude Juncker and British Prime Minister Boris Johnson must st...
Thursday, 17 October 2019 15:31 WIB
Hong Kong shares finished on a positive note Thursday as more weak US data raised hopes for another interest rate cut by the Federal Reserve.
The Hang Seng Index rose 0.69 percent, or 184.21 points, to 26,848.49.
The benchmark Shanghai Composite Index edged down 0.05 percent, or 1.38 points, to 2,...
Thursday, 17 October 2019 14:21 WIB
European stocks opened lower on Thursday after a Northern Irish political party voiced concerns about a proposed Brexit deal between the U.K. and the EU, as European leaders meet at a critical EU summit.
The pan-European Stoxx 600 fell 0.3% in early trade, basic resources falling 2.3% to lead losse...
Thursday, 17 October 2019 13:43 WIB
Tokyo stocks closed marginally lower on Thursday, taking a breather from a recent string of gains as investors watched for developments in Brexit talks in Brussels.
The benchmark Nikkei 225 index fell 0.09 percent, or 21.06 points, to 22,451.86, while the broader Topix index was down 0.45 percent, ...