Dow drops 450 points after Trump orders US companies to look for 'alternative to China'
Friday, 23 August 2019 23:35 WIB |
MARKET UPDATE | Standard & Poor's 500Saham AS
Stocks fell to their lows of the day on Friday after President Donald Trump ordered in a series tweets that U.S. companies find alternatives to their operations in China. Apple led the way lower.
The Dow Jones Industrial Average traded 460 points lower, or 1.8%. The S&P 500 and Nasdaq Composite slid 1.9% and 2.2%, respectively.
Trump tweeted on Friday: œOur great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing..your companies HOME and making your products in the USA.
Saturday, 18 January 2020 04:19 WIB
U.S. stocks closed at all-time highs Friday, marking the third-straight record close for the Dow and S&P 500, as investors cheered bullish economic data and continued to ride a wave of trade optimism.
The Dow Jones Industrial Average rose 50 points, or 0.2%, to about 29,348, the S&P 500 ind...
Saturday, 18 January 2020 04:14 WIB
Hong Kong stocks finished Friday on a positive note, with investors retaining optimism over the outlook following this week's signing of the China-US trade pact that eased tensions between the economic superpowers.
The Hang Seng index added 0.60 percent, or 173.38 points, to close at 29,056.42.
Friday, 17 January 2020 23:56 WIB
European stocks closed higher on Friday after data showed China's economy grew in line with expectations in 2019, lifting global markets.
The pan-European Stoxx 600 closed provisionally up by 0.9%, having notched a fresh record high earlier in the day. Basic resources stocks jumped over 2% to lead ...
Friday, 17 January 2020 23:32 WIB
Stocks were little changed on Friday after hitting record highs as Wall Street wrapped up a solid weekly performance amid strong global economic data and a solid start to the earnings season.
The Dow Jones Industrial Average traded just 2 points higher, or less than 0.1%. The S&P 500 was up 0.1...
Friday, 17 January 2020 21:50 WIB
U.S. stock rose at the start of trade Friday, with the major benchmarks reaching new highs in just the third week of the year, after data on new U.S. home construction showed it surging to 13-year highs in December.
The Dow Jones Industrial Average gained 0.1% at 29,334, the S&P 500 index rose ...