Dow falls for a third day, losing 250 points after Apple's coronavirus warning
Tuesday, 18 February 2020 23:39 WIB |
MARKET UPDATE |Saham AS
Stocks fell on Tuesday as a forecast warning from tech giant Apple stoked worries over the coronavirus and its impact on corporate profits and the global economy.
The Dow Jones Industrial Average traded 255 points lower, or 0.9%. The index was also on pace for its third day in a row. The S&P 500 dipped 0.7% while the Nasdaq Composite slid 0.4%. U.S. markets were closed Monday due to the Presidents Day holiday.
Apple cautioned it does not expect to meet its quarterly revenue forecast, citing slowed production and weakened demand in China as a result of the coronavirus outbreak. The most valuable company in the U.S. initially said it expected to report net sales between $63 billion to $67 billion in its fiscal second quarter.
The company has not provided an updated forecast for its fiscal second-quarter. Shares of Apple traded 2.5% lower.
Saturday, 11 July 2020 03:29 WIB
Stocks ended higher in thin trade Friday, getting a lift from positive news on a coronavirus treatment.
The Dow Jones Industrial Average rose around 369 points, or 1.4%, to end near 26,075, according to preliminary figures, while the S&P 500 advanced around 33 points, or 1%, to end near 3,185. ...
Saturday, 11 July 2020 02:43 WIB
Hong Kong stocks closed sharply lower Friday, in line with an Asia-wide sell-off, with investors also spooked by fresh infections in the city that have led to the reimposition of containment measures including school closures.
The Hang Seng Index shed 1.84 percent, or 482.75 points, to 25,727.41.
Friday, 10 July 2020 23:43 WIB
Stocks rose in choppy trading Friday as traders digested news about a potential coronavirus treatment as well as another record spike in virus cases.
The Dow Jones Industrial Average traded 200 points higher, or 0.8%. The S&P 500 climbed 0.4%. The Nasdaq Composite lagged, trading just below the...
Friday, 10 July 2020 23:23 WIB
European markets closed higher Friday as data showed French and Italian industry output rebounding more strongly than expected in May.
The pan-European Stoxx 600 provisionally closed up by 0.8%, autos adding 2.3% to lead gains as all sectors except health care advanced into positive territory.
Friday, 10 July 2020 20:44 WIB
U.S. stocks opened modestly higher Friday, buoyed by encouraging news about a coronavirus treatment.
The Dow Jones Industrial Average rose 14 points, 0.1%, to open near 25,720, while the S&P 500 was up less than a point, trading near 3,153. The tech-heavy Nasdaq Composite was less than one poin...