Nikkei drops after Fed rate comments; chip-related shares buck weakness
Wednesday, 26 June 2019 10:02 WIB |
MARKET UPDATE |Nikkei 225Saham Jepang
Japan™s Nikkei fell on Wednesday after the U.S. Federal Reserve chairman pushed back on pressure from President Donald Trump to cut interest rates, but chip-related stocks gained.
The Nikkei share average dropped 0.5% to 21,086.00 points by midmorning.
Investors are also awaiting the outcome of the G20 summit this week, where Trump will talk with Chinese President Xi Jinping on trade.
Chip equipment makers bucked the weakness and gained after Micron Technology Inc said on Tuesday it had resumed some microchip shipments to Huawei Technologies Co Ltd and still expects demand for its chips to recover later this year.
Tokyo Electron surged 2.1% and Advantest Corp jumped 3.9%.
Tuesday, 16 July 2019 03:25 WIB
Hong Kong shares rose on Monday after China's upbeat retail sales and factory output numbers pointed to some stabilisation in the world's second-largest economy, and as China's second-quarter economic growth met expectations.
At the close of trade, the Hang Seng index was up 83.26 points, or 0.29%,...
Tuesday, 16 July 2019 03:17 WIB
U.S. stocks ended slightly higher on Monday as investors saw results from Citigroup kicking off the unofficial start of earnings season for the second-quarter.
The S&P 500 was up by less than 0.1% to 3,014, based on preliminary figures, which would mark a fresh record close. The Dow Jones Indus...
Monday, 15 July 2019 23:34 WIB
U.S. stocks edged lower Monday, after record finishes last week, as investors digest second-quarter earnings from Citigroup -- marking the unofficial start of earnings season on Wall Street.
The Dow Jones Industrial Average fell 33 points, or 0.1%, to 27,303, the S&P 500 index ticked 4 points l...
Monday, 15 July 2019 23:21 WIB
European stocks returned to positive territory Monday afternoon, during a choppy session amid worries China™s economy is slowing due to a trade war with the U.S.
The pan-European Stoxx 600 rebounded from early losses to trade provisionally 0.48% higher at 387.75 by the close. Telecoms stocks fell...
Monday, 15 July 2019 20:49 WIB
Wall Street's main indexes opened at record highs on Monday as second-quarter corporate earnings got off to an upbeat start with results from the third largest U.S lender, Citigroup, beating expectations.
The Dow Jones Industrial Average rose 32.66 points, or 0.12%, at the open to 27,364.69. The S&...