Dow drops 400 points as investors fret about global growth outlook
Wednesday, 7 August 2019 20:45 WIB | MARKET UPDATE | Standard & Poor's 500Saham AS

U.S. stocks opened with substantial losses Wednesday, with investors shunning equities and other assets perceived as risky for havens like Treasurys and gold amid rising worries about global growth prospects.

The Dow Jones Industrial Average was down 412 points or 1.6%, at 25,617, while the S&P fell 40 points, or 1.4%, to 2,841. The Nasdaq Composite dropped 1.3% to 7,729. Stocks sank as U.S. Treasurys posted a sharp rally, sending yields tumbling, following bigger-than-expected rate cuts by central banks in New Zealand and India and an unexpected easing by Thailand's central bank.

The moves underscored worries about a global growth slowdown in the face of a deepening U.S.-China trade war and also underlined concerns about the prospect of a global currency war marked by central banks racing to cut rates in an effort to gain an advantage from a weaker currency.

Source: marketwatch

RELATED NEWS

Tokyo stocks close lower as investors await Fed
Wednesday, 13 November 2019 13:24 WIB

Tokyo stocks closed lower Wednesday as cautious investors awaited remarks by the US Federal Reserve chief and key Chinese data later in the week. The benchmark Nikkei 225 index fell 0.85 percent or 200.14 points to end at 23,319.87 while the broader Topix was down 0.55 percent or 9.34 points at 1,7...

Nikkei drops as Trump offers mixed signals on China trade deal
Wednesday, 13 November 2019 09:34 WIB

Japanese shares slipped on Wednesday after U.S. President Donald Trump left investors on tenterhooks as they await details on progress in negotiations with China to end a lingering trade war that has rattled the global economy. The Nikkei share average fell 0.78% to 23,336.27, having cooled since i...

Asian stocks fall on fears U.S.-China trade stalling
Wednesday, 13 November 2019 09:07 WIB

Asian stocks and Wall Street futures fell on Wednesday on growing worries U.S.-China trade talks are stalling after President Donald Trump failed to deliver any new information about when the two countries would sign a trade deal. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2%...

Hong Kong stocks tumbles at open
Wednesday, 13 November 2019 08:58 WIB

Hong Kong stocks tumbled at the beginning of Wednesday following another day of violent protests that have jammed up the city, with fears of further unrest to come. The Hang Seng Index sank 1.12 percent, or 304.12 points, to 26,761.16. The benchmark Shanghai Composite Index edged down 0.06 percent...

Tokyo: Stocks open lower on Wednesday
Wednesday, 13 November 2019 07:45 WIB

Tokyo stocks opened marginally lower on Wednesday as investors waited for a speech by the US Federal Reserve chief and key Chinese data later in the week. The benchmark Nikkei 225 index fell 0.34 per cent or 81.07 points to 23,438.94 in early trade while the broader Topix was down 0.16 per cent or ...

POPULAR NEWS
Tuesday, 12 November 2019 07:50
Asia shares turn sluggish ahead of Trump speech
Monday, 11 November 2019 15:32
Hong Kong Stocks End With Steep Losses
ANOTHER NEWS
Tokyo stocks close lower as investors await Fed
Wednesday, 13 November 2019 13:24 WIB Tokyo stocks closed lower Wednesday as cautious investors awaited remarks by the US Federal Reserve chief and key Chinese data later in the week. The benchmark Nikkei 225 index fell 0.85 percent or 200.14 points to end at 23,319.87 while the...

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.