Saturday, 06 June 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
European Stocks Sink Further Into Correction Territory As Coronavirus Grips Markets; Stoxx 600 Down 3%
Friday, 28 February 2020 15:32 WIB | MARKET UPDATE |Saham EropaStoxx 600

European stocks extended a historic week of losses on Friday morning as the coronavirus outbreak continues to pummel global markets into correction territory.

The pan-European Stoxx 600 fell 3% in early trade at 377.51, travel and leisure stocks dropping 4.4% to lead losses as all sectors and major bourses slid sharply into the red.

European stocks entered correction territory on Thursday, falling 10% below the record highs seen on Feb. 19 last year, as the rapid spread of the coronavirus beyond China caused global markets to nosedive.

Source : CNBC

RELATED NEWS
Hong Kong Stocks Surge For Fifth Straight Gain (Review)...
Saturday, 6 June 2020 03:20 WIB

Hong Kong stocks ended the week on a strong note Friday, marking a fifth straight advance as early profit-taking gave way to optimism over the worldwide easing of lockdown measures and hopes for the g...

Wall Street closes up sharply on surprise U.S. jobs report...
Saturday, 6 June 2020 03:18 WIB

Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for a quicker-than-anticipated recovery. The Nas...

European stocks rack up hefty gains as cyclicals rally...
Saturday, 6 June 2020 00:10 WIB

European stocks racked up their best week in two months on Friday, with investors scooping up battered shares of banks, automakers and travel companies amid growing signs that the pandemic-hit global ...

Dow rallies 1,000 points for the first time since early April amid historic jobs surge...
Friday, 5 June 2020 23:24 WIB

Stocks rallied on Friday after a historic and surprising gain in U.S. jobs raised hope the economy is starting to recover from the coronavirus pandemic. The Dow Jones Industrial Average jumped 1,030 ...

Wall Street Jumps On Surprise Fall In Unemployment Rate...
Friday, 5 June 2020 20:46 WIB

U.S. stocks jumped at the open on Friday after a closely watched report showed a surprise drop in the U.S. unemployment rate, lending weight to hopes of a faster economic rebound from a coronavirus-dr...

LATEST NEWS
Hong Kong Stocks Surge For Fifth Straight Gain (Review)

Hong Kong stocks ended the week on a strong note Friday, marking a fifth straight advance as early profit-taking gave way to optimism over the worldwide easing of lockdown measures and hopes for the global economy. The Hang Seng Index rallied 1.66...

Wall Street closes up sharply on surprise U.S. jobs report

Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for a quicker-than-anticipated recovery. The Nasdaq breached its all-time closing high reached...

Oil climbs more than 5% to 3-month high ahead of OPEC+ meeting

Oil prices rose on Friday after an unexpected fall in the May U.S. jobless rate and OPEC's decision to bring forward to Saturday discussions on whether to extend record production cuts. Brent crude futures were up $2.07, or 5.2%, at $42.07 a...

POPULAR NEWS
Gold marks first gain in 4 sessions on weakness in U.S. dollar and stocks
Friday, 5 June 2020 01:29 WIB

Gold futures rose on Thursday, with prices posting their first gain in four sessions on the back of weakness in the U.S. stock market and the...

Gold futures down a third straight session
Thursday, 4 June 2020 01:03 WIB

Gold futures marked a third straight session decline on Wednesday, posting their lowest settlement in more than three weeks. Strength in the U.S....

Gold Under Pressure as Investors Snap Up Stocks, Dulling Demand for Havens
Wednesday, 3 June 2020 19:25 WIB

Gold lost ground Wednesday, unable to find traction higher as demand for equities dulls haven-related demand for the precious metal. Gold for...

Gold Eases as Equity Rally Boosts Risk Appetite
Wednesday, 3 June 2020 09:36 WIB

Gold prices dipped on Wednesday as equity markets rallied on economic optimism and hopes for further stimulus measures boosted risk-on...