Friday, 05 June 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Dow Slides 130 Points Ahead of Memorial Day Weekend as Investors Watch China-U.S. Tensions
Friday, 22 May 2020 23:36 WIB | MARKET UPDATE |DOW JONESS & P 500SahamAS

U.S. stock benchmarks traded lower early Friday as investors looked ahead to a three-day weekend.

Equity indexes will look to defend their sharp weekly gains amid rising Sino-American tensions and a holiday that could test the bounds of business reopening efforts after coronavirus lockdowns in much of the country.

The Dow Jones Industrial Average fell 130 points, or 0.5%, at 24,343, weighed by shares of Caterpillar Inc. and Boeing Co Meanwhile, the S&P 500 index gave up 12 points, or 0.4%, at 2,936. The Nasdaq Composite traded 0.3% lower at around 9,255, a decline of 28 points.

Meanwhile, the Russell 2000 index, representing smaller-capitalization companies, declined 0.6%, relinquishing an earlier gain.

For the week, the Dow has climbed 2.8%, the S&P 500 has returned 2.6% and the Nasdaq Composite has risen 2.8%. The Russell 2000 is on pace for a 6.6% weekly rise.

Source : Marketwatch

RELATED NEWS
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...

Dow Futures Rise Ahead Of Week Final Test For Stock Market...
Friday, 5 June 2020 16:05 WIB

U.S. stock-index futures pointed to modest gains Friday, as investors look to a labor-market report that could reflect soaring unemployment even as the data signals a decelerating pace of job losses i...

Hong Kong Stocks Surge For Fifth Straight Gain...
Friday, 5 June 2020 15:25 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...

European Markets Climb Ahead of Key U.S. Jobs Report...
Friday, 5 June 2020 14:25 WIB

European markets are expected to open higher on Friday as investors digest an expansion of the European Central Bank™s bond-buying program and await the U.S. nonfarm payrolls report due later in the...

Tokyo's Nikkei Closes Up For Fifth Straight Session...
Friday, 5 June 2020 13:30 WIB

Tokyo's benchmark Nikkei index recovered early losses to close up for a fifth consecutive session Friday as hopes for economic measures taken by major countries offset pandemic concerns. The Nikkei 2...

LATEST NEWS
Wall Street Jumps On Surprise Fall In Unemployment Rate

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-driven slump. The Dow Jones Industrial Average...

U.S. Jobless Rate Unexpectedly Fell in May as Hiring Rebounded

America labor market unexpectedly rebounded in May, signaling the economy is picking up faster than thought from the depths of the damage from the coronavirus pandemic. Nonfarm payrolls rose by 2.5 million after a 20.7 million tumble the...

Gold Prices Head Lower for The Day and Week as Investors Watch Jobs Report

Gold futures fell on Friday morning, amid a global rally in stocks that was dulling the appeal for the yellow metal. August gold on Comex shed $18.70, or 1.1%, at $1,708.70 an ounce, nearly giving up all of its gains from the previous...

POPULAR NEWS
Gold futures post second straight loss
Wednesday, 3 June 2020 01:24 WIB

Gold futures on Tuesday posted a second consecutive session decline, with profit-taking and strength in global stock markets the key reasons cited...

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...