Wednesday, 27 May 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
S&P 500 ends around 1% of record after Trump touts U.S.-China trade meeting

U.S. stocks ended higher on Tuesday, after President Trump touted a positive phone call with his Chinese counterpart Xi Jinping about next week's trade meeting at the G-20 summit in Japan.

The Dow Jones Industrial Average rose 355 points, or 1.4%, to end around 26,466. The S&P 500 index was up almost 1% to finish near 2,918, while Nasdaq Composite Index climbed 1.4% to 7,954.

The S&P 500 ended the day close to 1% away from its all-time closing record. Trump said on Twitter that he will hold an "extended meeting" with President Xi at the G-20, with markets hoping that they can hash out a deal to avert further tariffs on Chinese imports. ECB President Mario Draghi also said on Tuesday that the euro-area central bank would keep its options open about cutting rates in the coming weeks.

Source : MarketWatch

RELATED NEWS
Hong Kong stocks finish on a low...
Wednesday, 27 May 2020 15:36 WIB

Hong Kong shares ended with losses Wednesday as traders fret over protests in the city, fearing a repeat of the violence that hit the economy last year as well as rising China-US tensions. The Hang S...

European Markets Open Cautiously Higher But US-China Tensions Weigh On Sentiment...
Wednesday, 27 May 2020 14:21 WIB

European stocks opened cautiously higher on Wednesday although U.S.-China tensions are putting a damper on investor sentiment. The pan-European Stoxx 600 climbed 0.4% in early trade, with banks addin...

Tokyo Stocks Close Higher...
Wednesday, 27 May 2020 13:28 WIB

Tokyo stocks closed higher on Wednesday, supported by expectations that Japan's second supplementary budget, to be approved later in the day, will shore up the economy. The benchmark Nikkei 225 index...

Hong Kong Shares Down At Lunch...
Wednesday, 27 May 2020 11:23 WIB

Hong Kong stocks were slightly lower at the break Wednesday as worries about another violent protest in the city overshadowed a broadly upbeat outlook for a global recovery as governments ease their l...

Hong Kong Shares Start Slightly Higher...
Wednesday, 27 May 2020 09:10 WIB

Hong Kong stocks opened on a positive note Wednesday, extending gains into a third day as traders continue to put the easing of global lockdowns above China-US tensions. The Hang Seng Index added 0.5...

LATEST NEWS
Hong Kong stocks finish on a low

Hong Kong shares ended with losses Wednesday as traders fret over protests in the city, fearing a repeat of the violence that hit the economy last year as well as rising China-US tensions. The Hang Seng Index fell 0.36 percent, or 83.30 points, to...

Dollar gains and yuan hits nine-month low as U.S.-China tensions return

The U.S. dollar edged higher on Wednesday and China's yuan hit a near nine-month low as worries about the U.S. response to China™s proposed security law for Hong Kong injected a more cautious tone into foreign exchange markets. The U.S. currency...

European Markets Open Cautiously Higher But US-China Tensions Weigh On Sentiment

European stocks opened cautiously higher on Wednesday although U.S.-China tensions are putting a damper on investor sentiment. The pan-European Stoxx 600 climbed 0.4% in early trade, with banks adding 1.5% to lead gains while health care stocks...

POPULAR NEWS
Gold Falls as Potential Japan Stimulus Boosts Risk Appetite
Monday, 25 May 2020 15:13 WIB

Gold declined on Monday as Japanese equities rose on news of a potential stimulus program that boosted investors™ risk appetite, though fresh...

Gold Edges Lower, Losing Shine as Stocks Rally on Easing Lockdowns, Vaccine Hopes
Tuesday, 26 May 2020 19:20 WIB

Gold futures lost some ground Tuesday as global equities rallied in response to easing business lockdowns as the pandemic recedes and encouraging...

Gold falls 1% as risk appetite firms on recovery optimism
Wednesday, 27 May 2020 01:32 WIB

Gold fell over 1% on Tuesday as major economies further eased coronavirus-linked restrictions, fuelling hopes for economic recovery and bolstering...

Gold Down Over Escalating U.S.-China Tensions
Monday, 25 May 2020 13:36 WIB

Gold was down in Asia on Monday morning, with escalating U.S.-China tensions continuing to impact demand for even the safe-haven asset. Gold...