Sunday, 12 July 2020
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Saturday, 11 July 2020 03:29 WIB

Stocks ended higher in thin trade Friday, getting a lift from positive news on a coronavirus treatment. The Dow Jones Industrial Average rose around 369 points, or 1.4%, to end near 26,075, according to preliminary figures, while the S&P 500 advanced around 33 points, or 1%, to end near 3,185. The tech heavy Nasdaq Composite rose nearly 70 points, or 0.7%, to end near 10,617, marking its third consecutive record close. Stocks shed premarket weakness after drug maker Gilead Sciences Inc. released potentially promising data about remdesivir that indicates the experimental COVID-19 drug...

RECENT NEWS
Stocks cut gains as reopening trade falters
Wednesday, 8 July 2020 23:29 WIB | DOW JONES S & P 500 Saham AS

Stocks cut gains on Wednesday as investors weighed the latest U.S. coronavirus data and its impact on the economic recovery. The Dow Jones Industrial Average traded just 13 points higher, or 0.1%, after jumping more than 200 points to start the session. The S&P 500 also gave back most of its initial gains and was up 0.2%. The Nasdaq Composite remained 0.8% highwer. Names that would benefit from the economy reopening were under pressure. Delta and American Airlines fell 2% and 1.8%, respectively. United Airlines slid 2.6% after the company warned 36,000 employees about potential job...

European stocks close lower as coronavirus cases temper recovery hopes
Wednesday, 8 July 2020 23:20 WIB | Saham Eropa Stoxx Europe 600

European markets closed lower Wednesday as surging coronavirus cases in parts of the world continue to cast doubt over the prospect of a global economic recovery. The pan-European Stoxx 600 closed down by 0.7%, with autos shedding 2% to lead losses as almost all sectors and major bourses slid into negative territory. The U.S. is nearing 3 million cases and Florida faces an impending shortage of intensive care unit beds, as a majority of states continue to see spikes in new Covid-19 infections. Meanwhile, the White House has begun the process of formally withdrawing from the World Health...

U.S. Stocks Open Higher Wednesday As Rise In Tech Sector Resumes
Wednesday, 8 July 2020 20:48 WIB | S & P 500 Wall Street Saham AS

U.S. stocks opened slightly higher Wednesday as investor sentiment remained pinned between hopes that economic data would point to continued growth and concerns that rising coronavirus case counts will stifle any nascent recovery. The Dow Jones Industrial Average rose 56 points, 0.2%, to open near 25,946, while the S&P 500 added nearly 10 points, 0.3%, opening near 3,155. The Nasdaq Composite Index opened near 10,409, a gain of 65 points or 0.6%. Shares of Alcoa Corp. rocketed more than 6% after the bell, after the aluminum products maker gave preliminary second-quarter results that...

Stock Futures are Nearly Flat Following Sell-Off on Wall Street
Wednesday, 8 July 2020 16:32 WIB | Indeks berjangka AS S&P 500 Futures

U.S. stock futures were little changed early Wednesday, following weakness in equities in the previous session. Dow futures suggested an opening gain of about 20 points. S&P 500 futures and Nasdaq-100 futures were both also nearly unchanged. On Tuesday, the Dow Jones Industrial Average fell 397 points, or 1.5%, breaking a two-day winning streak. The Dow was brought down by a 4.8% drop in Boeing. The S&P 500 also registered a loss, slipping 1.1%, to break a five day win streak. Source : CNBC

Hong Kong Stocks Finish With Gains
Wednesday, 8 July 2020 15:23 WIB | HANG SENG SahamHongkong Indeks Shanghai Composite

Hong Kong stocks closed higher Wednesday after a sharp sell-off the day before and putting them back on their recent upward trajectory despite a surge in virus infections around the world. The Hang Seng Index rose 0.59 percent, or 153.52 points, to 26,129.18. The benchmark Shanghai Composite Index rallied 1.74 percent, or 58.10 points, to 3,403.44 while the Shenzhen Composite Index on China's second exchange climbed 1.88 percent, or 40.68 points, to 2,198.62. Source : AFP