S&P 500 rises on hopes the Fed will take a more aggressive easing approach
Friday, 19 July 2019 03:23 WIB |
MARKET UPDATE | Standard & Poor's 500Saham AS
Stocks rose on Thursday after comments from a top Federal Reserve led to increasing bets that the central bank will ease monetary policy more aggressively.
The S&P 500 closed 0.4% higher at 2,995.11, led by a 0.8% gain in consumer staples. The Nasdaq Composite advanced 0.3% to 8,207.24. The Dow Jones Industrial Average ended the day up just 3.12 points, or 0.01%, at 27,222.97, after dropping as much as 151.06 points. The gains were the first for the indexes in three sessions.
The indexes turned around in the afternoon came after New York Federal Reserve President John Williams said the central bank needed to ''act quickly'' when the economy was slowing and rates were low. ''It™s better to take preventative measures than to wait for disaster to unfold, '' he said in a speech.
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 ...