Japan stocks inch up, weak yen helps offset Fed disappointment
Thursday, 1 August 2019 10:45 WIB |
MARKET UPDATE |Saham Jepang
Japan's Nikkei share average recouped early losses and inched up on Thursday, supported by a weaker yen which helped offset disappointment that the U.S. Federal Reserve is not embarking on a lengthy easing cycle.
The Fed on Wednesday lowered rates for the first time since 2008, as widely expected, but Chairman Jerome Powell said the move was not the start of a long series of rate cuts, sending U.S. share markets lower.
The Nikkei was up 0.07% at 21,536.54 points as of 0151GMT.
The index initially fell as much as 1% but clawed back ground as the yen slid to a two-month low against the dollar after the Fed proved to be less dovish than anticipated.
Saturday, 11 July 2020 03:29 WIB
Stocks ended higher in thin trade Friday, getting a lift from positive news on a coronavirus treatment.
The Dow Jones Industrial Average rose around 369 points, or 1.4%, to end near 26,075, according to preliminary figures, while the S&P 500 advanced around 33 points, or 1%, to end near 3,185. ...
Saturday, 11 July 2020 02:43 WIB
Hong Kong stocks closed sharply lower Friday, in line with an Asia-wide sell-off, with investors also spooked by fresh infections in the city that have led to the reimposition of containment measures including school closures.
The Hang Seng Index shed 1.84 percent, or 482.75 points, to 25,727.41.
Friday, 10 July 2020 23:43 WIB
Stocks rose in choppy trading Friday as traders digested news about a potential coronavirus treatment as well as another record spike in virus cases.
The Dow Jones Industrial Average traded 200 points higher, or 0.8%. The S&P 500 climbed 0.4%. The Nasdaq Composite lagged, trading just below the...
Friday, 10 July 2020 23:23 WIB
European markets closed higher Friday as data showed French and Italian industry output rebounding more strongly than expected in May.
The pan-European Stoxx 600 provisionally closed up by 0.8%, autos adding 2.3% to lead gains as all sectors except health care advanced into positive territory.
Friday, 10 July 2020 20:44 WIB
U.S. stocks opened modestly higher Friday, buoyed by encouraging news about a coronavirus treatment.
The Dow Jones Industrial Average rose 14 points, 0.1%, to open near 25,720, while the S&P 500 was up less than a point, trading near 3,153. The tech-heavy Nasdaq Composite was less than one poin...