Dow drifts more than 100 points higher at the open as Jackson Hole gathering gets under way
Thursday, 22 August 2019 20:52 WIB | MARKET UPDATE |Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS

U.S. stocks climbed modestly higher on Thursday morning as investors watched an annual conference in Jackson Hole, Wyo., where central bank leaders will discuss global monetary policy and economic health.

The Dow Jones Industrial Average rose 110 points, or 0.4%, to 26,314, the S&P 500 index climbed 0.3% to 2,934, while the Nasdaq Composite Index picked 16 points to reach 8,037, a gain of 0.2%.

The Jackson Hole gathering comes after the release of minutes from the Federal Reserve's July 30-31 policy gathering, which suggested that central bank policy makers wanted to be flexible in implementing policy.

In other economic policy, the European Central Bank, meanwhile, hinted at a significant new stimulus package after the release of minutes from its July 25 meeting, which suggested that policy makers are contemplating a package that would includes cutting policy rates further into negative territory and new purchases of financial assets. In U.S. economic data, new applications for unemployment benefits fell by 12,000 to 209,000 during the week ended Aug 17, a four-week low, suggesting continued strength in the labor market.

Source : MarketWatch

RELATED NEWS

Hong Kong, Shanghai Stocks Enjoy Rare Upturn (Review)
Friday, 28 February 2020 04:20 WIB

Hong Kong and Shanghai stocks ended higher Thursday as the spread of coronavirus shows signs of easing in China, with figures showing for the first time there were more infections reported outside the country than inside. The Hang Seng Index added 0.31 percent, or 82.13 points, to close at 26,778.6...

Dow plunges nearly 1,200 points and closes in correction territory as coronavirus fears dog Wall Street
Friday, 28 February 2020 04:18 WIB

U.S. stock benchmarks on Thursday finished more than 4% lower and tumbled into correction territory as a sharp retreat for risk assets accelerated into the close on Wall Street. Fears about an outbreak of COVID-19, the infectious disease that reportedly originated in Wuhan, China, late last year, h...

European Stocks Close 3.6% Lower and Enter Correction Territory Amid Coronavirus Fears
Thursday, 27 February 2020 23:52 WIB

European stocks closed sharply lower Thursday as the rapid spread of the coronavirus weighed heavily on market sentiment. The pan-European Stoxx 600 closed 3.6% lower provisionally at 389.89 , officially entering correction territory as it was off more than 10% from its record high notched on Feb. ...

Wall Street Slips Into Correction Territory on Alarm Over Coronavirus
Thursday, 27 February 2020 23:47 WIB

Wall Street's main indexes fell for the sixth straight session and slipped into correction territory on Thursday, as the rapid spread of the coronavirus outside China intensified fears about the hit to economic growth and corporate earnings. The S&P 500 and Nasdaq are now more than 10% below th...

Dow Tumbles Into Correction Territory For The First Time In 2 Years
Thursday, 27 February 2020 21:44 WIB

The stock market opened sharply lower Thursday morning, pushing the Dow Jones Industrial Average to its first correction in more than two years as investors around the world continued to flee equities amid the rapid spread of COVID-19, the infectious illness that reportedly originated in Wuhan, Chin...

POPULAR NEWS
Wednesday, 26 February 2020 23:20
Dollar Rises With Stocks, Investors Stay Cautious
ANOTHER NEWS
Hong Kong, Shanghai Stocks Enjoy Rare Upturn (Review)
Friday, 28 February 2020 04:20 WIB Hong Kong and Shanghai stocks ended higher Thursday as the spread of coronavirus shows signs of easing in China, with figures showing for the first time there were more infections reported outside the country than inside. The Hang Seng Index added...

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.