Wednesday, 17 October 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Dow opens up 100 points as blue chips try to cap solid week; Nasdaq weighed by Facebook

The Dow Jones Industrial Average and S&P 500 index opened higher on Friday, extending their run into the record books, as fourth-quarter corporate earnings season kicked off.

The Dow rose 90 points, or 0.4%, at 25,670, the S&P 500 index climbed 0.2% at 2,771. However, the Nasdaq Composite Index was under pressure, trading flat at 7,213, as Facebook Inc.'s shares fell 4.5% after late Thursday announcing changes to the news feed on its social-network platform. All three benchmarks were on track for weekly gains of at least 1%.

Meanwhile, J.P. Morgan Chase & Co. reported a 37% drop in earnings, although this was largely related to one-time charges associated from the new tax law, which is expected to provide further gains over the longer term. Wells Fargo & Co. reported earnings and revenue that came in below consensus analyst forecasts in the fourth quarter.

Source: Marketwatch

RELATED NEWS
Nikkei Hits 6-Day High as Tech Shares Track U.S. Gains...
Wednesday, 17 October 2018 10:02 WIB

Rata-rata saham Nikkei Jepang menyentuh level tertingginya enam hari pada hari Rabu, melanjutkan pemulihannya dari penurunan tajam minggu lalu dengan saham teknologi yang didukung oleh perubahan halua...

Asia Shares Rally as Wall Street Bounce Relieves...
Wednesday, 17 October 2018 07:52 WIB

Ekuitas Asia mendapat beberapa bantuan yang sangat dibutuhkan pada hari Rabu setelah laporan laba AS yang optimis mendorong rebound di Wall Street dan membantu memulihkan sedikit kepercayaan di pasar ...

Japan Shares Advance Amid Solid Data on U.S. Economy, Earnings...
Wednesday, 17 October 2018 07:36 WIB

Saham Jepang menguat pasca faktor positif di AS, dalam bentuk produksi industri yang solid dan pendapatan perusahaan, memperkuat sentimen. Topix menguat 1,2% ke 1,707.89 dan Nikkei 225 naik 1,4% ke 2...

Hong Kong Stocks Close Flat as Caution Prevails (Review)...
Wednesday, 17 October 2018 04:07 WIB

Saham Hong Kong berakhir datar pada Selasa ini terkait para investor memilih untuk berhati-hati dalam menanggapi tantangan ekonomi global, sementara bursa China lainnya melanjutkan penurunan mereka. ...

Dow ends more than 540 points higher as stocks soar on upbeat earnings...
Wednesday, 17 October 2018 04:04 WIB

Indeks Dow Jones Industrial Average naik lebih dari 500 poin pada Selasa karena saham-saham memantapkan reli tajam, didukung oleh optimisme laba yang membantu investor keluar dari gejolak di pekan lal...

LATEST NEWS
Nikkei Hits 6-Day High as Tech Shares Track U.S. Gains

Japan™s Nikkei share average hit a six-day high on Wednesday, continuing its recovery from last week™s sharp downturn with technology stocks supported by a turnaround in their Wall Street peers. The Nikkei was up 1.59 percent at 22,907.73...

Facebook Now Requires UK Political Ad Buyers to Reveal Identity

Facebook says that anyone who takes out a British political ad on the social media platform will now be forced to reveal their identity, in a bid to increase transparency and curb misinformation. The company said Tuesday that it will also require...

Dollar Consolidates, Yen Weakens as Risk Sentiment Improves

The dollar was little changed against most of its major peers on Wednesday but made gains against the yen as upbeat Wall Street earnings turned global sentiment away from safe haven assets. The three main Wall Street indexes each rose by more than...

POPULAR NEWS
Gold Rally Rolls On
Tuesday, 16 October 2018 04:14 WIB

On Friday we asked the question -- could the gold rally continue? The markets have spoken with a resounding yes. Gold traded as high as $1,237 this...

Pressure Set to Resume For Wall Street as Stock Futures Pitch Lower
Monday, 15 October 2018 16:53 WIB

U.S. stock futures indicated a lower start for Wall Street on Monday, as global stocks failed to join a rally that came late last week on the heels...

Gold Advance as Risks Proliferate From Stocks to Trade
Monday, 15 October 2018 15:47 WIB

Gold advanced as a stock slump resumed in Asia, President Donald Trump hinted at imposing more tariffs on China, and investors tracked tensions...

Gold ends at another multimonth high, but U.S. stock market rally limits the metal's rise
Wednesday, 17 October 2018 01:26 WIB

Gold futures edged up Tuesday to mark another finish at their highest since July, but a rally in the U.S. stock market limited the gains for the...