S&P 500 opens at record after Trump-Xi trade ceasefire
Monday, 1 July 2019 20:53 WIB |
MARKET UPDATE | Standard & Poor's 500Saham AS
U.S. stocks jumped sharply at the opening bell, pushing the broad-based S&P 500 to an all-time intraday high, after President Donald Trump agreed to hold off on the imposition of further tariffs on Chinese imports after a meeting with China's leader Xi Jinping.
The S&P 500 rose 1% to around 2,972. The Dow Jones Industrial Average advanced 245 points, or 0.9%, to 26,845. The Nasdaq Composite surged 1.7% to 8,142. The S&P 500 reached an intraday record around 2,964, last set in June 21. Equities climbed after a meeting between President Donald Trump and China President Xi Jinping resulted in a detente on trade.
Trump agreed to put off tariffs on another $300 billion of imports, and allowed U.S. companies to supply components again to Huawei. In company news, shares of Applied Materials Inc. rose 4.7% after the chip equipment company said that it would buy Kokusai Electric.
Thursday, 23 January 2020 10:30 WIB
Tokyo shares dropped on Thursday, led by energy-related and cyclical stocks, as investors remained anxious about the spread of a new flu-like virus in China and awaited Japanese corporate earnings.
The Nikkei share average dropped 0.5% to 23,901.72 in mid-morning trade, giving up nearly all the gai...
Thursday, 23 January 2020 09:04 WIB
Hong Kong stocks sank at the start of trade Thursday, with investors nervous over the deadly SARS -like virus that has spread from China.
The Hang Seng Index fell 0.82 percent, or 231.29 points, to 28,109.75.
The benchmark Shanghai Composite Index dropped 0.74 percent, or 22.80 points, to 3,037.95...
Thursday, 23 January 2020 07:38 WIB
Tokyo stocks opened lower on Thursday with the yen holding firm and risk appetite dampened by concerns about a new virus from China.
The benchmark Nikkei 225 index lost 0.77 percent or 184.53 points to 23,846.82 in early trade while the broader Topix index was down 0.58 percent or 10.19 points at 1...
Thursday, 23 January 2020 04:22 WIB
Hong Kong shares recovered some of the previous day's sharp losses on bargain-buying Wednesday but traders remain on edge as they await developments linked to the deadly SARS -like virus that has spread from China.
The Hang Seng index climbed 1.27 percent, or 355.71 points, to close at 28,341.04.
Thursday, 23 January 2020 04:17 WIB
U.S. stocks closed virtually unchanged Wednesday, giving up strong early gains even as investors weighed reports about the Chinese flu outbreak.
The Dow Jones Industrial Average closed about 9 points, less than 0.1%, higher, at about 29,187, while the S&P 500 was up a point, less than 0.1%, at ...