Wednesday, 15 July 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Dow slips and the stock market treads water at the open as investors digest earnings from B.of A.

U.S. stock indexes tread water at the start of trading Wednesday, with investors finding few reasons to take benchmarks further into record territory, amid a round of earnings from U.S. corporations.

The Dow Jones Industrial Average edged 17 points, or less than 0.1%, lower at 27,316, the S&P 500 index retreated less than 0.1% at 3,003, while the Nasdaq Composite Index inched less than 0.1% lower at 8,224.

Bank of America reported better-than-expected results, with earnings per share for the quarter at 74 cents, compared with estimates for 71 cents. But expectations for lower profits, in an environment of falling interest rates, have put some pressure on shares of the second-largest bank by assets. Meanwhile, shares of CSX Corp. were down after the rail company cut its full-year sales projections, citing economic uncertainty and a recent shutdown of a major oil refinery it served.

Source : MarketWatch

RELATED NEWS
Hong Kong Stocks Finish Barely Moved...
Wednesday, 15 July 2020 15:31 WIB

Hong Kong stocks were flat Wednesday, having swung through the day, with hopes for a vaccine playing against a spike in infections in the city and Donald Trump's decision to remove its special trading...

European stocks open higher on vaccine hopes...
Wednesday, 15 July 2020 14:28 WIB

European stocks opened higher Wednesday as investor hopes for a coronavirus vaccine rise. The latest developments surrounding a potential coronavirus vaccine are one of the main focuses for markets W...

Tokyo stocks close higher on hopes of recovery, vaccine...
Wednesday, 15 July 2020 13:24 WIB

Tokyo stocks closed higher on Wednesday as traders were cautiously optimistic about economic recovery and cheered reported advances in coronavirus treatments. The benchmark Nikkei 225 index rose 1.59...

Hong Kong stocks finish morning with losses...
Wednesday, 15 July 2020 11:22 WIB

Hong Kong stocks went into the break with more losses Wednesday on concerns about the city's future after Donald Trump removed its special trading status, while it also struggles with a new spike in v...

Hong Kong stocks open sharply higher...
Wednesday, 15 July 2020 09:25 WIB

Hong Kong shares started Wednesday morning with big gains on fresh hopes for a virus vaccine, which offset news that Donald Trump had removed the city's special trade privileges as expected. The Hang...

LATEST NEWS
Hong Kong Stocks Finish Barely Moved

Hong Kong stocks were flat Wednesday, having swung through the day, with hopes for a vaccine playing against a spike in infections in the city and Donald Trump's decision to remove its special trading status. The Hang Seng Index inched up 3.69...

European stocks open higher on vaccine hopes

European stocks opened higher Wednesday as investor hopes for a coronavirus vaccine rise. The latest developments surrounding a potential coronavirus vaccine are one of the main focuses for markets Wednesday. Biotech firm Moderna said Tuesday...

Tokyo stocks close higher on hopes of recovery, vaccine

Tokyo stocks closed higher on Wednesday as traders were cautiously optimistic about economic recovery and cheered reported advances in coronavirus treatments. The benchmark Nikkei 225 index rose 1.59 percent, or 358.49 points, to close at...

POPULAR NEWS
'Record-Highs in Sight': Gold on Path North of $1,800 This Week - Analysts
Monday, 13 July 2020 15:47 WIB

Gold is rallying for the fifth week in a row and the bullish trend is targeting the 2011 record-highs in USD-terms, according to analysts. At the...

Gold Futures Post Their First Gain in 3 Sessions
Tuesday, 14 July 2020 00:51 WIB

Gold futures climbed on Monday to score their first gain in three sessions, moving back toward the nearly nine-year high they reached on...

Gold Trades Steady as Virus, Equities’ Advance Weighed
Monday, 13 July 2020 08:25 WIB

Spot gold was steady in Asian trading as investors weigh virus developments in the U.S amid expectations Asian equities will open higher on...

Gold Steadies Amid U.S.-China Tensions, WHO's Warning
Tuesday, 14 July 2020 09:31 WIB

Spot gold was steady as investors weighed fresh tensions between the U.S. and China, this time over territorial claims, and the economic damage...