Wednesday, 17 July 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Stocks close higher for third time in four sessions on growing trade optimism

U.S. stocks recovered from early morning losses Wednesday after reports that the Trump administration was taking steps to ratchet down trade tensions with the European Union, Canada and Mexico.

The S&P 500 rose 0.6% or around 17 points higher to 2,851, while the Dow Jones Industrial Average added approximately 116 points, or 0.5% to 25,648, while the Nasdaq Composite index rallied 1.1%, or 88 points, to 7,822.

News reports indicated that the Trump Administration was delaying a decision to impose tariffs on auto imports that would have impacted trade partners in the European Union, while Treasury Secretary Steve Mnuchin also said that the administration is working on a plan to remove steel and aluminum tariffs on Canada and Mexico as part of its final push to ratify a new North American trade agreement. Technology shares, which are seen as trade-sensitive, led the market higher, along with shares of U.S. automakers Ford Motor Co. and General Motors Co.

Source : MarketWatch

RELATED NEWS
Tokyo Stocks Open Lower as Trade Optimism Fades...
Wednesday, 17 July 2019 07:43 WIB

Tokyo stocks opened lower on Wednesday tracking falls on Wall Street, as optimism over US-China trade talks receded after recent comments from both sides. The benchmark Nikkei 225 index was down 0.24...

Hong Kong stocks finish with gains (Review)...
Wednesday, 17 July 2019 03:19 WIB

Hong Kong stocks ended higher on Tuesday in quiet trade as investors took a step back after recent gains, while looking ahead to the start of corporate earnings season. The Hang Seng Index added 0.23...

U.S. stocks end lower on concerns about bank earnings, trade...
Wednesday, 17 July 2019 03:17 WIB

Wall Street stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening profits, while comments from U.S. President Donald Trump on trade also ...

Stock market sinks to session low as Trump says there's 'a long way to go' on China trade deal...
Tuesday, 16 July 2019 23:39 WIB

U.S. stock indexes Tuesday midday were trading near session lows, though only modestly lower, after President Donald Trump described progress toward a China and U.S. tariff pact as "a long way to go" ...

European stocks close higher as investors monitor earnings; Burberry shares jump 14%...
Tuesday, 16 July 2019 23:35 WIB

European stocks closed higher on Tuesday as traders monitored a slew of earnings reports. The pan-European Stoxx 600 was up 0.3% to 389.10 at the end of the session, with construction and material st...

LATEST NEWS
Tokyo Stocks Open Lower as Trade Optimism Fades

Tokyo stocks opened lower on Wednesday tracking falls on Wall Street, as optimism over US-China trade talks receded after recent comments from both sides. The benchmark Nikkei 225 index was down 0.24 percent or 52.58 points at 21,482.67 in early...

Hong Kong stocks finish with gains (Review)

Hong Kong stocks ended higher on Tuesday in quiet trade as investors took a step back after recent gains, while looking ahead to the start of corporate earnings season. The Hang Seng Index added 0.23 percent, or 64.74 points, to 28,619.62. The...

U.S. stocks end lower on concerns about bank earnings, trade

Wall Street stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening profits, while comments from U.S. President Donald Trump on trade also weighed on investor sentiment. The Dow Jones...

POPULAR NEWS
Gold prices settle at nearly two-week peak
Tuesday, 16 July 2019 01:55 WIB

Gold futures edged higher on Monday, settling at their highest in almost two weeks as prices extended recent gains scored on the back of...

Wall St. Leans Neutral/Sideways On Gold Prices, Main St. Bullish
Monday, 15 July 2019 13:42 WIB

Wall Street traders and analysts are undecided or else look for gold prices to be sideways this week, while Main Street remained bullish, according...

Gold prices end lower; silver rallies to highest finish since February
Wednesday, 17 July 2019 02:11 WIB

Gold ended lower on Tuesday as a rise in U.S. retail sales contributed to a stronger U.S. dollar, pressuring prices for the precious metal. The...

Gold Trades Steady Ahead of China GDP Data
Monday, 15 July 2019 09:58 WIB

Gold prices held steady in early Asian trade on Monday, as market participants awaited key economic data from China for cues about the health of the...