Monday, 01 June 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Dow rises 150 points to a record after strong economic data, Morgan Stanley jumps
Friday, 17 January 2020 00:09 WIB | MARKET UPDATE |saham A.S

Stocks rose on Thursday to hit fresh record highs after Morgan Stanley reported quarterly figures that easily topped analyst expectations while investors solid data on the U.S. economy.

The Dow Jones Industrial Average gained 150 points, or 0.5%. The S&P 500 climbed 0.5% and broke above 3,300 for the first time. The Nasdaq Composite advanced 0.6%.

Morgan Stanley™s three main businesses ” investment management, wealth management and trading - all produced more revenue than expected in the previous quarter. The company™s stock jumped 7%.

So far, the earnings season is off to a solid start. Around 7% of S&P 500 companies have reported earnings thus far, according to FactSet data. Of those companies, 76.5% have posted better-than-expected expectations.

Source: Marketwatch

RELATED NEWS
Tokyo's Nikkei Index Edges Up at Open...
Monday, 1 June 2020 07:50 WIB

Tokyo's key Nikkei index edged up at the open on Monday, as investors looked for clues about the direction of the day's trade following a mixed close in New York. The benchmark Nikkei 225 index was u...

Hong Kong stocks end week with more losses (Review)...
Saturday, 30 May 2020 03:29 WIB

Hong Kong stocks finished with more losses Friday as traders nervously await Donald Trump's news conference, in which he will set out the US response to China's plans to impose a security law on the f...

Stocks Erase Early Losses to End Mixed as Trump Refrains From Tearing Up U.S.-China Trade Deal...
Saturday, 30 May 2020 03:24 WIB

Stocks reversed early losses to post a mixed finish Friday, capping a strong weekly and monthly performance, after President Donald Trump announced a series of measures aimed at punishing China over i...

Dow hits session low, falls more than 250 points ahead of Trump news conference on China...
Friday, 29 May 2020 23:53 WIB

Stocks were lower on Friday as traders braced for an upcoming news conference on U.S.-China relations from President Donald Trump. The Dow Jones Industrial Average fell 255 points, or 1%. The S&P...

European markets fall but still close out the month over 3% higher...
Friday, 29 May 2020 23:32 WIB

European markets fell Friday as escalating tensions between the U.S. and China pushed back on the week™s positive sentiment amid the reopening of economies across the continent. The pan-European St...

LATEST NEWS
Tokyo's Nikkei Index Edges Up at Open

Tokyo's key Nikkei index edged up at the open on Monday, as investors looked for clues about the direction of the day's trade following a mixed close in New York. The benchmark Nikkei 225 index was up 0.10 percent or 22.65 points at 21,900.54 in...

Hong Kong stocks end week with more losses (Review)

Hong Kong stocks finished with more losses Friday as traders nervously await Donald Trump's news conference, in which he will set out the US response to China's plans to impose a security law on the financial hub. The Hang Seng Index fell 0.74...

Stocks Erase Early Losses to End Mixed as Trump Refrains From Tearing Up U.S.-China Trade Deal

Stocks reversed early losses to post a mixed finish Friday, capping a strong weekly and monthly performance, after President Donald Trump announced a series of measures aimed at punishing China over its treatment of Hong Kong but refrained from...

POPULAR NEWS
Gold futures end higher, up more than 3% for the month
Saturday, 30 May 2020 01:21 WIB

Gold futures ended higher on Friday as tensions between the U.S. and China over Hong Kong fed haven demand for the precious metal. Meanwhile,...

Gold Rises Friday and Set for Weekly Gain as Investors Await President Trump Statement on China
Friday, 29 May 2020 19:45 WIB

Gold futures headed higher for a second session Friday, putting gold prices on track for a modest weekly gain amid focus on U.S.-China tensions and...

Hong Kong stocks end week with more losses (Review)
Saturday, 30 May 2020 03:29 WIB

Hong Kong stocks finished with more losses Friday as traders nervously await Donald Trump's news conference, in which he will set out the US...

Hong Kong stocks end week with more losses
Friday, 29 May 2020 15:29 WIB

Hong Kong stocks finished with more losses Friday as traders nervously await Donald Trump's news conference, in which he will set out the US...