Tuesday, 26 May 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Dow Snaps Eight-Day Winning Streak After Saudi Oil Attack
Tuesday, 17 September 2019 03:21 WIB | MARKET UPDATE |DOW JONESS & P 500Saham AS

U.S. stocks ended lower on Monday after investors were rattled by a drone strike on Saudi Arabian oil facilities over the weekend.

The S&P 500 fell 0.3% to end around 2,998. The Dow Jones Industrial Average shed 143 points, or 0.5%, to end near 27,077, based on preliminary numbers. The Nasdaq Composite was down 0.3% to finish around 8,154.

The drone attack underlined the vulnerability of major oil producers in the Middle East, renewing geopolitical fears over the region.

Fears of tightening supplies sent values for crude surging. U.S. crude prices rose by more than 14% to settle at $62.90 a barrel on Monday, marking its biggest daily gain since Sept. 2008.

Investors also raised concerns that the U.S. may escalate its current conflict with Iran over the attack.

Source : Market Watch

RELATED NEWS
Dow futures surge more than 500 points on hopes of a coronavirus vaccine...
Tuesday, 26 May 2020 16:23 WIB

Stock futures traded sharply higher early Tuesday to begin a holiday-shortened week, as optimism grew about a potential coronavirus vaccine. Futures on the Dow Jones Industrial Average pointed to an ...

Hong Kong stocks close sharply higher...
Tuesday, 26 May 2020 15:29 WIB

Hong Kong shares rallied Tuesday as worries over a controversial Chinese security law proposed for the city were overshadowed by hopes for the global economy as governments continue to ease lockdown r...

European Markets Bounce On Global Vaccine Hopes...
Tuesday, 26 May 2020 14:24 WIB

European stocks opened higher on Tuesday, tracking positive global market sentiment as optimism grows that a coronavirus vaccine can be found. The pan-European Stoxx 600 jumped 1.1% at the start of t...

Tokyo Stocks Close Sharply Higher...
Tuesday, 26 May 2020 13:30 WIB

Tokyo stocks closed sharply higher Tuesday as investors took heart from the lifting of Japan's coronavirus state of emergency and hopes for the gradual reopening of the world's third-largest economy. ...

Hong Kong Shares Open With Big Gains...
Tuesday, 26 May 2020 08:52 WIB

Hong Kong stocks rose more than one percent in the first few minutes of trade Tuesday as concerns about the impact of a proposed security law from China were overshadowed by a further opening up of ec...

LATEST NEWS
Gold eases as equities rally; Hong Kong woes limit losses

Gold edged lower on Tuesday as hopes of economic recovery lifted share markets with many countries easing coronavirus-driven lockdowns, although Sino-U.S. tensions over Hong Kong limited bullion's losses. Spot gold was down 0.3% at $1,724.74 per...

Dow futures surge more than 500 points on hopes of a coronavirus vaccine

Stock futures traded sharply higher early Tuesday to begin a holiday-shortened week, as optimism grew about a potential coronavirus vaccine. Futures on the Dow Jones Industrial Average pointed to an implied opening gain of more than 550 points....

Hong Kong stocks close sharply higher

Hong Kong shares rallied Tuesday as worries over a controversial Chinese security law proposed for the city were overshadowed by hopes for the global economy as governments continue to ease lockdown restrictions. The Hang Seng Index jumped 1.88...

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 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...

US Marks Memorial Day as Coronavirus Toll Nears 100,000
Monday, 25 May 2020 18:51 WIB

Monday is Memorial Day in the United States “ a day set aside to honor the hundreds of thousands of U.S. servicemen and women who sacrificed their...

Oil Dips as U.S.-China Tensions Add to Nerves on Global Economy
Monday, 25 May 2020 08:31 WIB

Oil edged lower as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in...