Dow Ends With More Than 300-Point Gain on Report of U.S.-China 'Phase One' Trade Agreement
Saturday, 12 October 2019 03:17 WIB | MARKET UPDATE |WallstreetSahamASIndeks NasdaqS & P 500DOW JONES

Stocks posted solid gains on Friday, but came off intraday highs, after President Donald Trump said the U.S. had reached a "phase one deal" between the U.S. and China. Negotiators from both sides capped their two-day talks.

The S&P 500 finished up by 1.1% to around 2,970. The Dow Jones Industrial Average advanced 318 points, or 1.2%, to end around 26,815, based on preliminary numbers. The Nasdaq Composite ended higher by 1.3% to 8,057. For the week, the S&P 500 was up 0.6%, the Dow was up 0.9%, and Nasdaq was up 0.9%.

Treasury Secretary Steven Mnuchin said tariffs would not go into place next week. Earlier, the Federal Reserve had announced the central bank would buy $60 billion of Treasury bills every month at least into the second-quarter, starting from next week. In company news, shares of Apple Inc. rose 2.8% to close at an all-time high.

Source : Marketwatch

RELATED NEWS

Hong Kong Stocks Close Flat, Ending Tough Week (Review)
Saturday, 16 November 2019 04:28 WIB

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points,...

Trade Hopes Propel Wall Street to Records; Healthcare Climbs
Saturday, 16 November 2019 04:27 WIB

Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by big gains in shares of healthcare companies. The Dow Jones Industrial Average rose 221.71 points, or 0.8%, to 28,003.67, the S&P 500 gained 2...

European stocks close higher as US-China trade deal hopes return
Friday, 15 November 2019 23:55 WIB

European stocks closed higher Friday amid optimistic sounds out of the White House on a prospective trade deal between the U.S. and China. The pan-European Stoxx 600 closed up 0.35% to 405.83. Basic resource stocks ” with their exposure to China ” were among the top gainers, with the sector up ...

Trade Optimism, Earnings Power Wall Street to Fresh Record High
Friday, 15 November 2019 23:14 WIB

Wall Street's main indexes hit fresh record highs on Friday, led by gains in technology stocks as upbeat comments related to U.S.-China trade talks and solid earnings from semiconductor industry bellwether Applied Materials brightened sentiment. Shares in Applied Materials Inc (AMAT.O) jumped 9.2% ...

Wall Street Hits Record High At Open on Trade Deal Hopes, Strong Earnings
Friday, 15 November 2019 21:49 WIB

Wall Street™s main indexes hit record highs at open as upbeat comments related to U.S.-China trade talks and strong earnings from semiconductor industry bellwether Applied Materials helped lift the mood. The Dow Jones Industrial Average rose 61.58 points, or 0.22%, at the open to 27,843.54. The ...

ANOTHER NEWS
Hong Kong Stocks Close Flat, Ending Tough Week (Review)
Saturday, 16 November 2019 04:28 WIB Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai...

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.