Dow jumps 300 points, Target and Lowe's surge on strong earnings
Wednesday, 21 August 2019 23:26 WIB |
MARKET UPDATE | Standard & Poor's 500saham A.S
Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.
The Dow Jones Industrial Average traded 300 points higher, or 1.2%. The S&P 500 gained 0.9% while the Nasdaq Composite jumped 1.1%.
Target shares surged more than 16% to a record after the retailer posted second-quarter results that topped analyst expectations. The company's same-store sales, a key metric for retailers, expanded by 3.4%. Analysts expected growth of 2.9%.
Lowe's jumped around 10% on its second-quarter earnings report. CEO Marvin Ellison said the company capitalized on strong "holiday event execution and growth in Paint and our Pro business to deliver strong second quarter results."
Wednesday, 1 April 2020 11:25 WIB
Hong Kong shares slipped Wednesday morning following a sell-off on Wall Street, while investors weigh the prospect of countries extending lockdowns to contain the deadly coronavirus.
The Hang Seng Index fell 0.92 percent, or 218.07 points to 23,385.41 by the break.
Sumber : AFP...
Wednesday, 1 April 2020 08:59 WIB
Hong Kong stocks fell more than one percent at the start of trade Wednesday following a sell-off on Wall Street, with investor confidence continuing to be rattled by the coronavirus crisis.
The Hang Seng Index slipped 1.01 percent, or 237.58 points, to 23,365.90.
The benchmark Shanghai Composite I...
Wednesday, 1 April 2020 08:55 WIB
Tokyo shares opened lower on Wednesday, extending losses on Wall Street amid a broader market rout over the coronavirus outbreak.
The benchmark Nikkei 225 index lost 1.87 percent, or 353.05 points, to 18,563.96 in early trade, while the broader Topix index dropped 1.78 percent, or 24.92 points, to ...
Wednesday, 1 April 2020 03:24 WIB
Hong Kong stocks closed on a positive note Tuesday, in line with a broad Asia advance and following a rally on Wall Street, while investors welcomed a surprisingly strong factory activity report out of China.
The Hang Seng Index jumped 1.85 percent, or 428.37 points, to 23,603.48.
The benchmark Sh...
Wednesday, 1 April 2020 03:20 WIB
Stocks ended lower Tuesday, capping a brutal quarter that saw the global COVID-19 pandemic trigger a historic market selloff.
The Dow Jones Industrial Average dropped around 410 points, or 1.8%, to end near 21,917, according to preliminary figures. The blue-chip gauge fell 23.2% over the first thre...