Dow skids 100 points lower at the open as stocks head south for 3rd straight day ahead of Powell testimony
Tuesday, 9 July 2019 20:58 WIB | MARKET UPDATE |Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS

U.S. stock indexes headed lower for a third day in a row to kick off Tuesday dealings, with investors awaiting guidance on monetary policy from Federal Reserve Chairman Jerome Powell starting Wednesday.

The Dow Jones Industrial Average declined 123 points, or 0.5%, at 26,682, the S&P 500 index declined 10 points, or 0.4%, at 2,965, while the Nasdaq Composite Index fell 0.4% at 8,063, down 35 points.

On Wednesday, Powell commences two days of semiannual testimony before Congress. Markets are hoping the central-bank chief will shed some light on a meeting due later this month, with investors clinging to hopes for a rate cut. In corporate news, shares of PepsiCo Inc. were rising after the maker of Quaker oatmeal and Tropicana orange juice said revenue rose 2.2% from a year ago to $16.45 billion.

Source : MarketWatch


U.S. Stock Futures Rise As Coronavirus Cases Continue To Surge
Monday, 6 July 2020 16:23 WIB

U.S. stock index futures steadily gained late Sunday, ahead of Wall Street's return from a three-day holiday weekend. As of midnight Eastern, Dow Jones Industrial Average futures were up around 350 points, or 1.4%, while S&P 500 futures rose 1.2% and Nasdaq-100 futures advanced 1.3%. The numbe...

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Monday, 6 July 2020 15:49 WIB

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Hong Kong Stocks End With More Big Gains
Monday, 6 July 2020 15:24 WIB

Hong Kong stocks soared again Monday, tracking a surge in mainland Chinese markets and extending a rally into a fourth day on hopes for the economic recovery from the coronavirus. The Hang Seng Index rose 3.81 percent, or 966.04 points, to 26,339.16. Source : AFP...

European Stocks Open Sharply Higher as Economic Recovery, Vaccine Hopes Drive Risk-on Sentiment
Monday, 6 July 2020 15:00 WIB

European markets bounced on Monday morning as investors focus on the prospect of economic recovery and progress on potential coronavirus drugs, shrugging off concerns about a further acceleration of the pandemic. The pan-European Stoxx 600 added 1.6% in early trade, with banks jumping 3.2% to lead ...

Tokyo's Nikkei Closes Up for Third Straight Session
Monday, 6 July 2020 13:41 WIB

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County in Spain Back on Lockdown After New Coronavirus Infections
Monday, 6 July 2020 17:00 WIB An entire county in northwestern Spain is on lockdown all week because authorities fear a new COVID-19 outbreak even after the federal government ended a nationwide lockdown. Officials in La Marina in the Galicia region placed all 70,000 residents...


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