Wednesday, 18 September 2019
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Wednesday, 18 September 2019 20:48 WIB

U.S. stocks edged slightly lower at the opening bell Wednesday, as investors awaited the conclusion of a Federal Reserve policy meeting that's expected to deliver another quarter-point rate cut. The Dow Jones Industrial Average was down 88 points, or 0.3%, to 27,023, while the S&P 500 lost 9 points, or 0.3%, to trade at 2,997. The Nasdaq Composite declined 19 points, or 0.2%, to 8,167. While the Fed is expected to cut rates when it concludes its meeting, investors will be watching for signs the Fed is ready to deliver further easing in coming months. Shares of FedEx Corp dropped 12%...

RECENT NEWS
Hong Kong Shares Finish Sharply Lower
Tuesday, 17 September 2019 03:29 WIB | HANG SENG SahamHongkong

Hong Kong shares fell on Monday following last week's healthy gains, while investors were also spooked by fresh violent protests in the city and data further highlighting weakness in the Chinese economy. The Hang Seng Index lost 0.83 percent, or 228.14 points, to 27,124.55. The benchmark Shanghai Composite Index was barely moved, inching down 0.49 points to 3,030.75, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.23 percent, or 3.86 points, to 1,685.09. Source : AFP

Dow Snaps Eight-Day Winning Streak After Saudi Oil Attack
Tuesday, 17 September 2019 03:21 WIB | DOW JONES S & P 500 Saham AS

U.S. stocks ended lower on Monday after investors were rattled by a drone strike on Saudi Arabian oil facilities over the weekend. The S&P 500 fell 0.3% to end around 2,998. The Dow Jones Industrial Average shed 143 points, or 0.5%, to end near 27,077, based on preliminary numbers. The Nasdaq Composite was down 0.3% to finish around 8,154. The drone attack underlined the vulnerability of major oil producers in the Middle East, renewing geopolitical fears over the region. Fears of tightening supplies sent values for crude surging. U.S. crude prices rose by more than 14% to settle at...

Wall Street Drops After Saudi Attacks; Energy Stocks Limit Losses
Monday, 16 September 2019 23:33 WIB | Wall Street Saham AS

U.S. stocks fell on Monday on global growth worries after weekend attacks on Saudi Arabias crude facilities hit 5% of the worlds supply, but a sharp jump in crude prices lifted beaten-down energy stocks and kept losses in check. The attack on the worlds biggest oil exporter sent oil prices up more than 20% before easing as various nations said they would tap emergency reserves to ensure stable supplies. The S&P 500 energy, one of the worst performing sectors so far this year, soared 2.36%. Shares of Apache Corp, Marathon Oil Corp and Hess Corp jumped between 8.8% and 10.1% and...

European Stocks Close Lower Amid Geopolitical Tensions
Monday, 16 September 2019 23:17 WIB | Stoxx 600 Saham Eropa

European stocks closed lower Monday as investors digested an escalation of tensions in the Middle East following an attack on Saudi oil production. The pan-European Stoxx 600 closed was about 0.4% lower at 389.53. Household goods fell over 1% to lead losses while oil and gas stocks surged 3% as crude prices soared following the oil attack in Saudi Arabia. Oil prices surged overnight after drone attacks at the weekend hit major oil production facilities in Saudi Arabia, effectively wiping out 5% of global supply. Brent crude hit its highest intra-day percentage gain on record, last trading...

Stocks open lower as jump in oil prices rattles investors
Monday, 16 September 2019 20:52 WIB | Standard & Poor's 500 Saham AS

Stocks opened lower Monday, after oil prices jumped sharply in the wake of a weekend attack on Saudi Arabia's largest oil facilities knocked out more than half of the kingdom's production. The Dow Jones Industrial Average fell 97.22 points, or 0.4%, to 27,122.30, while the S&P 500 was off 12.68 points, or 0.4%, at 2,994.71. The Nasdaq Composite lost 53.45 points, or 0.7%, to trade at 8,123.27. Oil futures soared, with Brent crude up more than 10% and West Texas Intermediate crude rising 9.7%. Source: Marketwatch