Dow, S&P 500 notch record closes even as U.S.-China trade concerns dampen gains
Thursday, 14 November 2019 04:27 WIB | MARKET UPDATE |SahamASIndeks Dow JonesIndeks S&P 500Indeks Nasdaq

U.S. stocks largely closed in positive territory Wednesday, though off session highs, after the Wall Street Journal reported that U.S.-China trade talks have stalled out on disagreements over China making firm commitments on agricultural purchases and U.S. reluctance to roll back already implemented tariffs in the hopes of maintaining an enforcement mechanism to hold China to the terms of a potential deal.

The Dow Jones Industrial Average rose 92 points, or 0.3% to close at about 27,784, a new record, and the S&P 500 index added about two points to end the day at 3,094, also a record close. Meanwhile, the Nasdaq Composite index shed about 4 points, or 0.1% to close near 8,482.

The apparent gap between U.S. and Chinese trade negotiators has delayed the completion of a phase-one trade deal that was announced on Oct. 11 by President Trump and Vice-Premier Liu He, though doubts to whether an actual deal will be signed grew after President Trump said during a speech Tuesday that he was willing to raise tariffs further if China doesn't agree to a deal that works for the U.S. Federal Reserve Chairman Jerome Powell testified before Congress' Joint Economic Committee Wednesday, where he signaled that interest rates would be on hold unless there was a material deterioration in the economy.

In company news, shares of Nike Inc. rose 2% after it announced it would stop selling apparel directly on Amazon.com Inc.

Source : MarketWatch

RELATED NEWS

Dow rises 200 points after strong jobs report, but gains kept in check by coronavirus fears
Thursday, 2 July 2020 23:32 WIB

Stocks rose on Thursday as investors cheered a bigger-than-expected increase in jobs in June as the economy tries to claws back from the coronavirus shutdown. The Dow Jones Industrial Average traded 232 points higher, or 0.9%. The Nasdaq Composite hit a record high, climbing 0.9%. The S&P 500 g...

European markets close sharply higher on vaccine hopes, U.S. jobs surprise
Thursday, 2 July 2020 23:28 WIB

European stocks closed sharply higher Thursday on positive news around a potential coronavirus vaccine and better-than-expected U.S. jobs data. The pan-European Stoxx 600 provisionally closed about 1.9% higher, with banks jumping 4.5% to lead gains as all sectors and major bourses remained in posit...

Wall St Jumps at Open as U.S. Job Growth Accelerates
Thursday, 2 July 2020 20:47 WIB

Wall Street's main indexes opened higher on Thursday, with the Nasdaq hitting a record high, as data showed the U.S. economy added jobs at a record pace in June, bolstering hopes of a post-pandemic economic rebound. The Dow Jones Industrial Average rose 201.48 points, or 0.78%, at the open to 25,93...

Dow futures up more than 200 points after Nasdaq hits record to start third quarter
Thursday, 2 July 2020 16:49 WIB

Futures contracts tied to the major U.S. stock indexes rose early Thursday as investors awaited two closely watched jobs reports on the week's final day of trading ahead of the July Fourth holiday. Dow Jones Industrial Average futures indicated an opening gain of more than 200 points. S&P 500 f...

Hong Kong stocks post strong gains
Thursday, 2 July 2020 15:25 WIB

Hong Kong stocks soared Thursday, in line with a global advance on hopes for a virus vaccine and despite concerns over a draconian security law imposed on the city by Beijing that raised questions about its future as a business hub. The Hang Seng Index climbed 2.85 percent, or 697.00 points, to 25,...

ANOTHER NEWS
Dow rises 200 points after strong jobs report, but gains kept in check by coronavirus fears
Thursday, 2 July 2020 23:32 WIB Stocks rose on Thursday as investors cheered a bigger-than-expected increase in jobs in June as the economy tries to claws back from the coronavirus shutdown. The Dow Jones Industrial Average traded 232 points higher, or 0.9%. The Nasdaq Composite...

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.