Stocks Skid Lower to End Worst Week Since May Smid Disappointment on Fed Rate-cut Plans
Saturday, 20 July 2019 03:24 WIB | MARKET UPDATE |DOW JONESS & P 500SahamAS

U.S. stocks finished firmly lower Friday, capping the worst week for equities since the end of May, as doubts about the magnitude of an expected rate cut by the Federal Reserve softened the buying mood on Wall Street.

The Dow Jones Industrial Average closed down 0.3% at 27,154, off 69 points, the S&P 500 index retreated 0.6% at 2,977, while the Nasdaq Composite Index pulled back 0.7% to end at 8,146. For the week, the Dow booked a 0.7% decline, the S&P 500 finished with a weekly slide of 1.2%, while the Nasdaq logged a 1.2% drop over the five-session period. For all three stock gauges it was the steepest weekly decline since the period ended May 31, according to FactSet data.

Reports of Iran seizing oil tankers in the Strait of Hormuz added to uncertainty on the day and Federal Reserve officials attempted moderate comments made by NY Fed boss John Williams, whose comments investors appeared to interpret as implying a 50-basis-point rate cut at the end of this month.

Source : Marketwatch

RELATED NEWS

Nikkei Tumbles to 3-Week Low as U.S.-China Trade War Worsens
Monday, 26 August 2019 10:17 WIB

Japanese shares shed more than 2% on Monday, with China-related firms leading the losses after a fresh escalation in the Sino-U.S. trade war knocked global equities markets. The Nikkei share average fell as much as 2.6% to 20,173.76, its lowest level since Aug. 6, before ending the morning session ...

Hong Kong Stocks Plunge More Than 3% at Open
Monday, 26 August 2019 08:49 WIB

Hong Kong stocks dived more than three percent in the first few minutes of business Monday after Donald Trump ramped up his trade row with China, while the city was hit by fresh violent protests over the weekend. The Hang Seng Index dived 3.27 percent, or 857.33 points, to 25,322.00 at the open. S...

Asia Shares Sink, Bonds Surge as Trade Fears Mount
Monday, 26 August 2019 07:44 WIB

Asian shares were a sea of red on Monday as the latest salvo in the Sino-U.S. trade war shook confidence in the world economy and sent investors steaming to the safe harbors of sovereign bonds, gold and the Japanese yen. Yields on benchmark 10-year Treasury debt dropped to their lowest since mid-20...

Tokyo's Nikkei Opens Down 2.6% as Yen Surges on Trade Fears
Monday, 26 August 2019 07:28 WIB

Tokyo's key Nikkei index plunged as much as 2.6 percent at the open on Monday as the yen surged against the dollar on escalating US-China trade tensions. The Nikkei 225 was down 2.56 percent, or 529.86 points, to 20,181.05 in early trade, while the broader Topix index lost 2.45 percent, or 36.78 po...

Hong Kong stocks finish week on positive note (Review)
Saturday, 24 August 2019 04:05 WIB

Hong Kong shares ended the week with a healthy rise on Friday as investors look ahead to a key speech later in the day by Federal Reserve boss Jerome Powell hoping for hints at further interest rate cuts. The Hang Seng Index jumped 0.50 percent, or 130.61 points, to 26,179.33. The benchmark Shangh...

ANOTHER NEWS
Oil Prices Down as China Places More Tariffs on Crude and Other U.S. Products
Monday, 26 August 2019 12:33 WIB Oil Prices were down on Monday in Asia after China announced late last week an additional 10% tariff on $75 billion of U.S. products, including crude. In retaliation, U.S. President Donald Trump said he ordered U.S. companies to consider closing...

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.