Dow jumps 400 points on hope coronavirus spikes will ease, Boeing leads gains
Monday, 29 June 2020 23:42 WIB |
MARKET UPDATE |S & P 500saham A.S
Stocks rose in volatile trading Monday as Wall Street cheered news on Boeing and traders shrugged off the latest surge in coronavirus cases.
The Dow Jones Industrial Average traded 449 points, or 1.8%. The S&P 500 was up 1.1% while the Nasdaq Composite gained 0.7%.
Shares of Dow-member Boeing rose 8.1% as certification flights for the Boeing 737 Max were set to begin Monday. The test is seen by investors as a critical step in Boeing™s worst-ever corporate crisis, which began in March 2019 after two crashes in five months killed 346 people.
Investors bet on select stocks on hopes most state economies will continue to reopen even as some hotspots pop up. Southwest Airlines jumped after Goldman Sachs upgraded the shares to buy from sell. Southwest gained 5.1% following the upgrade. Shares of retailer Gap and Kohl™s rose 4% and 5%, respectively.
Friday, 10 July 2020 15:27 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 15:06 WIB
European markets opened lower Friday as concerns about spiking coronavirus cases in the U.S. and elsewhere continue to weigh on the broad recovery rally.
The pan-European Stoxx 600 fell 0.5% at the start of trading, oil and gas stocks dropping 1.1% to lead losses as all sectors except technology sl...
Friday, 10 July 2020 13:32 WIB
Tokyo stocks closed lower on Friday amid concerns over a fresh record of daily coronavirus cases in the capital.
The benchmark Nikkei 225 index fell 1.06 percent or 238.48 points to end at 22,290.81, while the broader Topix index dropped 1.42 percent or 22.04 points to 1,535.20.
Source : AFP...
Friday, 10 July 2020 08:56 WIB
Hong Kong shares started Friday with a loss on fresh fears over the spread of coronavirus, which sparked a big sell-off on the Dow on Wall Street.
The Hang Seng Index slipped 1.06 percent, or 278.38 points, to 25,931.78.
The benchmark Shanghai Composite Index shed 0.92 percent, or 31.66 points, to...
Friday, 10 July 2020 07:38 WIB
Tokyo stocks opened lower on Friday, with investors disheartened by falls in key US indices as markets weighed the impact from the spike in coronavirus cases in many US states.
The benchmark Nikkei 225 index was down 0.07 percent or 15.68 points at 22,513.61 in early trade, while the broader Topix ...