Dow jumps 150 points, heads for record close as Wall Street caps off big week
Friday, 21 June 2019 23:41 WIB |
MARKET UPDATE |Saham AS
Stocks rose on Friday as Wall Street looked to end a strong week on a high note.
The Dow Jones Industrial Average traded 150 points higher and was on its way to post a record closing high. The S&P 500 advanced 0.3% and hit a fresh all-time high. The Nasdaq Composite climbed 0.3%.
Treasury yields climbed on the news, lifting bank shares. The benchmark 10-year Treasury yield traded at 2.063%. Citigroup and J.P. Morgan Chase shares rose 0.8% and 0.9%, respectively. Bank of America traded 0.6% higher.
Friday™s stock gains built on a strong weekly performance for the major indexes that was partially driven by investors cheering the prospects of the Federal Reserve cutting interest rates as soon as July. The Dow and S&P 500 were both up more than 2% for the week, while the Nasdaq rose 3.4%.
Saturday, 7 December 2019 04:32 WIB
Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal.
The Hang Seng index added 1.07 percent, or 281.33 points, to 26,498.37.
The benchmark Shanghai Composite Index added 0.43 percent, or 12.54 po...
Saturday, 7 December 2019 04:24 WIB
U.S. stocks closed solidly higher Friday, helping to wipe out or chip away at weekly losses, after an key employment report for November ignited bullish buying on Wall Street, adding to some modest progress toward a partial Sino-American trade agreement.
The Dow Jones Industrial Average gained 337 ...
Saturday, 7 December 2019 00:15 WIB
European stocks closed higher Friday as investors digested a better-than-expected nonfarm payrolls report from the U.S.
The pan-European Stoxx 600 closed higher 1.16% to 407.35 with every sector in the black. Sentiment was boosted after data showed the U.S. economy added 266,000 jobs in November. E...
Friday, 6 December 2019 23:47 WIB
U.S. stocks soared after a much better-than-expected employment report for November from the Labor Department which saw the economy create 266,000 new jobs, the most since January, and the unemployment rote fell to 3.5%, a 50 year low.
However, progress toward a partial U.S. - China trade deal rema...
Friday, 6 December 2019 21:43 WIB
Stocks rose sharply at the open Friday after a stronger-than-expected report on employment conditions in November.
The Dow Jones Industrial Average jumped 200 points, 0.7%, to open near 27,878, while the S&P 500 rose about 16 points or 0.5%, opening near 3,134. The Nasdaq was up about 63 points...