Stock edge up at open Thursday in wake of Fed's Powell on Wednesday signaling lower interest rates likely
Thursday, 11 July 2019 20:56 WIB |
MARKET UPDATE |Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS
Stocks opened higher Thursday, building on gains that saw the Nasdaq Composite index end in record territory Wednesday, and the SP500 hit 3,000 for the first time intraday, after Federal Reserve Chairman Jerome Powell reinforced expectations for an interest rate cut later this month.
The Dow was up 0.6 % at 26,942 while the SP500 rose 0.2% to 2,998 and Nasdaq was up 0.1% at 8,213.
Powell, who testified Wednesday before the House Financial Services Committee, will appear before the Senate Banking Committee on Thursday. Health related stocks were seen rising after the Trump administration acknowledged it was dropping a potentially industry-upending plan that would have eliminated the rebates that drugmakers pay to benefit managers working with Medicare and Medicaid.
Source : MarketWatch
Saturday, 18 January 2020 04:19 WIB
U.S. stocks closed at all-time highs Friday, marking the third-straight record close for the Dow and S&P 500, as investors cheered bullish economic data and continued to ride a wave of trade optimism.
The Dow Jones Industrial Average rose 50 points, or 0.2%, to about 29,348, the S&P 500 ind...
Saturday, 18 January 2020 04:14 WIB
Hong Kong stocks finished Friday on a positive note, with investors retaining optimism over the outlook following this week's signing of the China-US trade pact that eased tensions between the economic superpowers.
The Hang Seng index added 0.60 percent, or 173.38 points, to close at 29,056.42.
Friday, 17 January 2020 23:56 WIB
European stocks closed higher on Friday after data showed China's economy grew in line with expectations in 2019, lifting global markets.
The pan-European Stoxx 600 closed provisionally up by 0.9%, having notched a fresh record high earlier in the day. Basic resources stocks jumped over 2% to lead ...
Friday, 17 January 2020 23:32 WIB
Stocks were little changed on Friday after hitting record highs as Wall Street wrapped up a solid weekly performance amid strong global economic data and a solid start to the earnings season.
The Dow Jones Industrial Average traded just 2 points higher, or less than 0.1%. The S&P 500 was up 0.1...
Friday, 17 January 2020 21:50 WIB
U.S. stock rose at the start of trade Friday, with the major benchmarks reaching new highs in just the third week of the year, after data on new U.S. home construction showed it surging to 13-year highs in December.
The Dow Jones Industrial Average gained 0.1% at 29,334, the S&P 500 index rose ...