U.S. Stocks End Week With Double-Digit Gains After Fed Ramps Up Emergency Lending Programs
Friday, 10 April 2020 03:20 WIB | MARKET UPDATE |Saham ASIndeks NasdaqS & P 500DOW JONES

U.S. stocks capped significant weekly gains on Thursday after the Federal Reserve made a surprise announcement that it would deploy $2.3 trillion of funds through its lending programs to support the broader economy.

Equity exchanges will be closed tomorrow in observance of the Good Friday holiday.

The S&P 500 was up 1.4% to end at 2,790. The Dow Jones Industrial Average advanced 286 points, or 1.2%, to finish around 23,719, based on preliminary numbers. The Nasdaq Composite climbed 0.8% to finish around 8,154.

For the week, the S&P is up 12.1%, the Dow is up 12.7%, and the Nasdaq is up 10.6%. Data showed another 6.6 million Americans claimed unemployment benefits in the latest week.

But the disappointing news on the labor-market was offset by the Fed's lending announcements, with the central bank's unrolling of its $600 billion Main Street Lending program for small and medium sized businesses capturing the attention of investors.

Source : Market Watch

RELATED NEWS

Wall Street Jumps On Surprise Fall In Unemployment Rate
Friday, 5 June 2020 20:46 WIB

U.S. stocks jumped at the open on Friday after a closely watched report showed a surprise drop in the U.S. unemployment rate, lending weight to hopes of a faster economic rebound from a coronavirus-driven slump. The Dow Jones Industrial Average rose 554.98 points, or 2.11%, at the open to 26,836.80...

Dow Futures Rise Ahead Of Week Final Test For Stock Market
Friday, 5 June 2020 16:05 WIB

U.S. stock-index futures pointed to modest gains Friday, as investors look to a labor-market report that could reflect soaring unemployment even as the data signals a decelerating pace of job losses in coronavirus-stricken America. Futures for the Dow Jones Industrial Average were up 102 points, or...

Hong Kong Stocks Surge For Fifth Straight Gain
Friday, 5 June 2020 15:25 WIB

Hong Kong stocks ended the week on a strong note Friday, marking a fifth straight advance as early profit-taking gave way to optimism over the worldwide easing of lockdown measures and hopes for the global economy. The Hang Seng Index rallied 1.66 percent, or 404.11 points, to 24,770.41. The bench...

European Markets Climb Ahead of Key U.S. Jobs Report
Friday, 5 June 2020 14:25 WIB

European markets are expected to open higher on Friday as investors digest an expansion of the European Central Bank™s bond-buying program and await the U.S. nonfarm payrolls report due later in the day. Britain™s FTSE 100 added 0.7% in early trade, while Germany™s DAX and France™s CAC 40 g...

Tokyo's Nikkei Closes Up For Fifth Straight Session
Friday, 5 June 2020 13:30 WIB

Tokyo's benchmark Nikkei index recovered early losses to close up for a fifth consecutive session Friday as hopes for economic measures taken by major countries offset pandemic concerns. The Nikkei 225 index gained 0.74 percent, or 167.99 points, to 22,863.73 while the broader Topix index was up 0....

ANOTHER NEWS
Wall Street Jumps On Surprise Fall In Unemployment Rate
Friday, 5 June 2020 20:46 WIB U.S. stocks jumped at the open on Friday after a closely watched report showed a surprise drop in the U.S. unemployment rate, lending weight to hopes of a faster economic rebound from a coronavirus-driven slump. The Dow Jones Industrial Average...

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.