European Stocks Close Lower Amid US-China Trade Concerns; Tullow Oil Down 27%
Wednesday, 13 November 2019 23:56 WIB |
MARKET UPDATE |Stoxx Europe 600Saham Eropa Stoxx600Eropa
European stocks closed lower on Wednesday amid concern over U.S.-China trade talks, while investors monitored comments from Federal Reserve Chairman Jerome Powell.
The pan-European Stoxx 600 was down 0.2% at 406.04 during afternoon trade, dragged down by bank shares. Commerzbank was the worst performer in the sector, down 6%, while Deutsche Bank slipped over 4%.
U.S. President Donald Trump on Tuesday claimed that the initial phase of a trade deal between the world's two largest economies would be completed "soon" but offered no new details while branding China "cheaters."
Powell is addressing Congress at the start of two days of hearings following the Fed's third interest rate cut this year. In prepared remarks, he said the path of interest rates is unlikely to change as long as the economy continues to grow.
Source : CNBC
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 ...