Tuesday, 18 November 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Wall Street jumps at open as Trump says he has no plans to fire Powell

Wall Street's main indexes rallied at the open on Wednesday after U.S. President Donald Trump dialed back on his threats to fire Federal Reserve Chair Jerome Powell and raised hopes for a trade deal with China.

The Dow Jones Industrial Average (.DJI), rose 628.0 points, or 1.60%, at the open to 39,815.01. The S&P 500 (.SPX), rose 108.2 points, or 2.05%, at the open to 5,395.92​, while the Nasdaq Composite (.IXIC), rose 579.9 points, or 3.56%, to 16,880.29 at the opening bell.

Source: Reuters

RELATED NEWS
European Markets Slumped Tuesday Morning As AI Concerns Resurfaced...
Tuesday, 18 November 2025 15:39 WIB

European markets opened lower on Tuesday (November 18th) as global markets weakened amid renewed concerns over AI-related stocks. The pan-European Stoxx 600 was trading nearly 1.2% lower shortly afte...

Asian Stocks Weaken, But Korea's Upside Is Fast, What's Going On?...
Tuesday, 18 November 2025 07:55 WIB

On Tuesday morning, November 18, 2025, sentiment on Asian markets remained cautious following a sharp decline on Wall Street and concerns about the Fed's interest rate direction. Most indexes in the r...

Dow Jones Industrial Average declines as AI sector doubts and Fed rate cut hopes persist...
Tuesday, 18 November 2025 03:40 WIB

The Dow Jones Industrial Average (DJIA) hit another weak patch on Monday, backsliding nearly 500 points and slipping back below the 47,000 handle to start the new trading week with many of the same qu...

Wall Street Cautious to Start the Week...
Monday, 17 November 2025 21:44 WIB

The three major stock averages in the US swung around the flatline on Monday, as investors braced for the resumption of economic data releases from major statistical agencies following the end of last...

Asian Stocks Cautionary, Focus on US Data & Bitcoin Under Pressure ...
Monday, 17 November 2025 07:54 WIB

Asian stock markets opened cautiously at the start of the week, with the MSCI Asia Pacific index rising slightly by 0.2%. The Kospi led the gains, while Japan's Nikkei index fell 0.5% after data showe...

LATEST NEWS
Oil prices steady as market weighs Russian sanctions and oversupply projections

Oil prices were steady on Tuesday (November 18), regaining ground after a decline earlier in the session, as traders weighed the impact of Western sanctions on Russian oil flows compared to the expected supply surplus next year. Brent crude rose 2...

US Dollar Little Changed

The US dollar index held steady around 99.5 on Tuesday (November 18), halting the moderate gains recorded over the previous two sessions, as traders remained cautious and refrained from taking large positions ahead of key economic data...

US Jobless Claims Rise to 232,000

Initial jobless claims in the United States reached 232,000 for the week ending October 18, according to data from the US Department of Labor website. This represents a slight increase compared to the previous week. Meanwhile, continuing claims,...

POPULAR NEWS
Asian Stocks Cautionary, Focus on US Data & Bitcoin Under Pressure
Monday, 17 November 2025 07:54 WIB

Asian stock markets opened cautiously at the start of the week, with the MSCI Asia Pacific index rising slightly by 0.2%. The Kospi led the gains,...

Fed needs to move slowly with further rate cuts, Jefferson says
Monday, 17 November 2025 22:52 WIB

Federal Reserve Vice Chair Philip Jefferson said on Monday the U.S. central bank needs to "proceed slowly" with any further interest rate cuts as it...

Wall Street Cautious to Start the Week
Monday, 17 November 2025 21:44 WIB

The three major stock averages in the US swung around the flatline on Monday, as investors braced for the resumption of economic data releases from...

Global Geopolitical Tensions Heat Up Again
Monday, 17 November 2025 23:12 WIB

The global geopolitical situation is once again showing signs of escalation, particularly in the Asia-Pacific region. A ship collision between the...