European stocks close lower amid earnings, trade uncertainty; Asos down 20%
Thursday, 18 July 2019 23:23 WIB |
MARKET UPDATE |Indeks Stoxx Europe 600Saham Eropa
European stocks closed lower on Thursday as investors digested fresh corporate results and kept an eye on global trade developments.
The pan-European Stoxx 600 was down 0.2% to 386.80 at the closing bell, with technology stocks trimming earlier losses to trade 1.4% lower on the back of German giant SAP™s slide. Health care stocks led gains with a 0.8% rise.
Novartis beat analyst expectations for the second quarter, reporting strong results and raising its guidance for the year, leading its shares 3% higher.
Swedish engineering company Indutrade plummeted 11% to the bottom of the Stoxx 600 after its earnings report, while compatriot Epiroc rose almost 6%.
Asos shares slumped more than 20.5% on Thursday after the British online fashion retailer issued its third profit warning in eight months.
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 ...