European stocks close lower amid recession fears; investors await Fed clarity
Thursday, 22 August 2019 23:12 WIB |
MARKET UPDATE |Indeks Stoxx Europe 600Saham Eropa
European stocks closed lower on Thursday as fears of a recession rose ahead of a key speech from Federal Reserve Chairman Jerome Powell.
The pan-European Stoxx 600 closed down 0.40% to 374.29, with the majority of sectors and major bourses tipping into negative territory.
European markets started the session in the red after the widely watched 2-year-10-year U.S. yield curve inverted for the second time in two weeks. The yield curve, often monitored as precursor for recession, flattened and then briefly inverted Wednesday after the release of minutes from the latest meeting of the U.S. Federal Reserve™s Federal Open Market Committee (FOMC).
Thursday, 19 September 2019 03:32 WIB
Hong Kong stocks finished Wednesday with losses, extending a sell-off to a third day as traders fret over the impact of protests on the city, while they are awaiting a key Federal Reserve policy decision later in the day.
The Hang Seng Index eased 0.13 percent, or 36.12 points, to 26,754.12.
Thursday, 19 September 2019 03:22 WIB
The benchmark S&P 500 index ended almost flat on Wednesday as Federal Reserve policymakers gave mixed signals about their next move after cutting interest rates by a quarter of a percentage point in a widely expected move.
The Dow Jones Industrial Average rose 36.35 points, or 0.13%, to 27,147....
Wednesday, 18 September 2019 23:57 WIB
European shares steadied after early declines on Wednesday, as technology shares helped offset losses in luxury goods, while many investors remained on the sidelines ahead of an expected reduction in U.S. borrowing costs by the Federal Reserve.
Apple Inc™s component suppliers AMS, STMicro and Inf...
Wednesday, 18 September 2019 23:31 WIB
U.S. stocks came under pressure on Wednesday after a profit warning by FedEx, while investors waited for a decision on interest rates and clues on the future of U.S. monetary policy from the Federal Reserve.
Shares of the package delivery company tumbled 14% and were on course for their sharpest on...
Wednesday, 18 September 2019 20:48 WIB
U.S. stocks edged slightly lower at the opening bell Wednesday, as investors awaited the conclusion of a Federal Reserve policy meeting that's expected to deliver another quarter-point rate cut.
The Dow Jones Industrial Average was down 88 points, or 0.3%, to 27,023, while the S&P 500 lost 9 po...