Europe stocks close lower as Apple warns of coronavirus revenue hit
Tuesday, 18 February 2020 23:49 WIB |
MARKET UPDATE |Saham Eropa
European stocks closed lower on Tuesday after Apple warned it may fall short of revenue forecasts on the back of the coronavirus outbreak, as fears over the potential economic fallout persist.
The pan-European Stoxx 600 closed provisionally down by around 0.5%, with most sectors and major bourses in the red. Basic resources stocks shed 2.1% to lead losses while telecoms shares bucked the trend to climb 1.1%.
Tech giant Apple on Monday warned that it does not expect to meet its second-quarter revenue forecast due to lower global iPhone supply and weakened Chinese demand and production as a result of the coronavirus outbreak.
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...