S&P 500 and Dow open at new record highs Friday supported by prospect of Fed interest rate cuts
Friday, 12 July 2019 20:51 WIB | MARKET UPDATE |Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS

U.S. stocks opened at new record highs Friday helped by Federal Reserve Chairman Jerome Powell's testimony to Congress this week which bolstered investor expectations for an interest-rate cut at the end of the month.

The Dow Jones Industrial Average was up 70 points at 27,156 while the S&P 500 gained 4.30 points to 3,004 and Nasdaq was 16 points higher at 8,212.

On Thursday the Dow closed 27,000 for the first time and the S&P 500 also pushed up further record territory. The Nasdaq Composite scored a record close on Wednesday.

Meanwhile, weak data overnight from both Singapore and China sent another warning shot to the world economy on the impact of trade tensions. An unexpected rise in American producer prices for June reported early Friday did little to alter investor sentiment toward the Federal Reserve's next policy move.

Source : MarketWatch

RELATED NEWS

Hong Kong Shares End Week With Sharp Gains
Saturday, 14 September 2019 03:26 WIB

Hong Kong stocks finished Friday with a flourish as investors were cheered by easing tensions in the China-US trade row while also betting on another interest rate cut by the Federal Reserve next week. The Hang Seng Index jumped 0.98 percent, or 265.06 points, to 27,352.69. Source : AFP...

U.S Stocks End Mostly Lower as Dow Extends Seven-Day Streak of Gains
Saturday, 14 September 2019 03:20 WIB

U.S. stocks closed mostly lower on Friday after easing trade tensions and central bank policy moves briefly buoyed investor sentiment earlier in the day. The S&P 500 was down less than 0.1% to end near 3,007. The Dow Jones Industrial Average advanced 36 points, or 0.1%, to finish around 27,219,...

U.S. Stocks Set for Weekly Gain as Treasury Yields Rise
Friday, 13 September 2019 23:36 WIB

U.S. stocks were mostlly higher as the rotation from growth to value shares carried on. Treasury yields climbed and the dollar slipped. Shares globally are headed for a third weekly gain thanks to easing trade fears and a new round of central bank stimulus. Higher-than-forecast U.S. retail sales in...

European Stocks Close Higher After Aggressive ECB Stimulus
Friday, 13 September 2019 23:24 WIB

European stocks edged higher on Friday afternoon after the European Central Bank (ECB) delivered an aggressive stimulus package in a bid to reinvigorate the ailing euro zone economy. The pan-European Stoxx 600 closed 0.4% higher at 391.79, banks and basic resources emerging as the best performing s...

Stocks Open Mostly Higher as S&P 500, Dow Near All-Time Highs
Friday, 13 September 2019 20:48 WIB

U.S. stocks opened mostly higher on Friday, pushing the Dow and the S&P 500 closer to their all-time highs, as investors were buoyed by a combination of positive consumer data, receding U.S.-China trade tensions and a boost from easing central banks. The S&P 500 was up less than 0.1% to 3,0...

ANOTHER NEWS
Hong Kong Shares End Week With Sharp Gains
Saturday, 14 September 2019 03:26 WIB Hong Kong stocks finished Friday with a flourish as investors were cheered by easing tensions in the China-US trade row while also betting on another interest rate cut by the Federal Reserve next week. The Hang Seng Index jumped 0.98 percent, or...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.