Dow falls 150 points, heads for 3-day losing streak
Thursday, 18 July 2019 23:34 WIB |
MARKET UPDATE | Standard & Poor's 500Saham AS
Stocks fell for a third straight day on Thursday as Wall Street digested a mixed batch of corporate earnings results.
The Dow Jones Industrial Average dropped 150 points, or 0.5%, while the S&P 500 slid 0.4%. The Nasdaq Composite lagged, falling 0.6%.
Netflix shares plunged more than 11% after the streaming giant reported a surprise loss in U.S. subscribers coupled with slower-than-expected international membership growth. Those metrics -- which are key for Netflix ” offset a better-than-expected earnings per share result for the previous quarter.
IBM shares, meanwhile, briefly fell at the open before recovering after the company reported its fourth consecutive revenue decline. Declining sales from IBM™s IT division offset growth in its cloud business.
Morgan Stanley posted better-than-expected quarterly results, driven by its wealth management and fund divisions. The stock rose 0.5%.
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 ...