S&P 500 and Nasdaq hit fresh record high as Alphabet and Twitter gain on earnings
Friday, 26 July 2019 23:40 WIB |
MARKET UPDATE | Standard & Poor's 500Saham AS
Stocks rose on Friday after strong earnings from big tech companies such as Alphabet and Intel while the U.S. economy grew at a better-than-expected clip in the second quarter.
The S&P 500 gained 0.6% while the Nasdaq Composite climbed 1%. Both indexes reached all-time highs around midday Friday. The Dow Jones Industrial Average traded 27 points higher.
For the week, the S&P 500 and Nasdaq were headed for solid gains. The two indexes were up 1.6% and 2.2% week to date, respectively. The Dow is up 0.1% this week.
Alphabet reported better-than-expected earnings Thursday and announced a massive $25 billion share repurchase program. The results and buyback sent the stock up 10.4%.
Twitter shares gained more than 8% on the back of second-quarter results that topped estimates. The social media company also reported a 14% rise in monetizable daily active users.
Wednesday, 29 January 2020 15:34 WIB
Hong Kong shares finished with steep losses Wednesday as investors returned from their Lunar New Year break with world markets panicked by the spread of a deadly virus.
The Hang Seng index sank 2.82 percent, or 789.01 points, to 27,160.63.
Mainland Chinese markets were still closed for the holiday...
Wednesday, 29 January 2020 15:13 WIB
European markets opened slightly higher on Wednesday as investors in the region brush off concerns about the spread of the China coronavirus.
The pan-European Stoxx 600 edged 0.1% higher in early trade, with banks adding 0.6% to lead gains while food and beverages, autos and household goods slid by...
Wednesday, 29 January 2020 13:15 WIB
Tokyo stocks closed higher on Wednesday after Wall Street rebounded, as investors eyed developments related to the spread of the deadly novel coronavirus.
The benchmark Nikkei 225 index added 0.71 percent, or 163.69 points, to end at 23,379.40, while the broader Topix index rose 0.45 percent, or 7....
Wednesday, 29 January 2020 10:17 WIB
Japanese shares bounced back modestly on Wednesday, partially clawing back hefty losses from the previous session, even as the upside was limited on worries related to the fast-spreading coronavirus.
The Nikkei share average rose 0.5% to 23,325.52 by the midday break, one day after sliding 2%, whil...
Wednesday, 29 January 2020 08:56 WIB
Hong Kong stocks tanked more than three percent at the start of trade Wednesday as investors returned from the Lunar New Year break with markets panicked by the spread of a deadly virus from China.
The Hang Seng index dived 3.03 percent, or 848.10 points, to start the day at 27,101.54.