Sunday, 05 July 2020
New York
Saturday, 4 July 2020 03:45 WIB

Hong Kong shares ended higher Friday, extending the previous day's near-three percent gains, as global markets were boosted by a better-than-expected reading on US jobs creation. The Hang Seng Index jumped 0.99 percent, or 248.93 points, to 25,373.12. The benchmark Shanghai Composite Index rose 2.01 percent, or 62.24 points, to 3,152.81 while the Shenzhen Composite Index on China's second exchange rallied 1.28 percent, or 25.84 points, to 2,041.89. Source : AFP

Dow opens more than 100 points lower as Apple leads tech slide
Monday, 8 July 2019 20:41 WIB | DOW JONES Standard & Poor's 500 Saham AS

Stocks fell on Monday as losses in Apple shares pressured the broader tech sector. Investors also braced for key testimony from the top Federal Reserve official later this week. The Dow Jones Industrial Average traded 133 points lower while the S&P 500 pulled back 0.4%. The Nasdaq Composite lagged, sliding more than 0.6%. Apple shares fell more than 1% after an analyst at Rosenblatt Securities downgraded them to sell from neutral. The analyst said the stock will ''face fundamental deterioration over the next 6 to 12 months ''as Apple's iPhone sales disappoint and growth in other...

US futures lower as Fed rate cut hopes are dashed by strong jobs data
Monday, 8 July 2019 16:28 WIB | Indeks Nasdaq S&P 500 Futures Indeks Dow Jones Saham Berjangka AS

U.S. stock futures are trading lower Monday morning as strong jobs data dampened expectations that the Federal Reserve will cut interest rates anytime soon. As of 05:00 a.m. ET, Dow futures fell 43 points, indicating a drop of 78 points at the open. S&P 500 and Nasdaq futures were also in negative territory. Market participants were reacting to a solid jobs report from Friday. The U.S. economy added 224,000 jobs in June, official payrolls data showed, way above an expected increase of 165,000. Traders had been betting heavily on the prospect of a Fed rate cut at the central banks...

Hong Kong stocks tumble after US jobs report
Monday, 8 July 2019 15:42 WIB | SahamHongkong IndeksHangSeng Indeks Shanghai Composite

Hong Kong shares sank on Monday, in line with a sell-off across Asia, after a better-than-expected US jobs report slashed expectations the Federal Reserve will announce a big interest rate cut this month. The Hang Seng Index shed 1.54 percent, or 443.14 points, to 28,331.69. The benchmark Shanghai Composite Index tumbled 2.58 percent, or 77.70 points, to 2933.36, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 2.90 percent, or 46.40 points, to 1,554.80. Source : AFP

China stocks fall as U.S. rate cut expectations ease; new listings weigh
Monday, 8 July 2019 14:52 WIB | Bursa China Saham Cina Shanghai composite

Chinese stocks fell on Monday, with the benchmark Shanghai Composite index posting its biggest daily loss in more than two months, as investors scaled back expectations for sharp U.S. rate cuts and a slew of new listings this week weighed on tech shares. At the close, the Shanghai Composite index was down 2.58% at 2,933.36, in its biggest daily loss since May 6. The blue-chip CSI300 index was down 2.32%, its biggest daily loss since May 17. The financial sector sub-index fell 2.21%, the consumer staples sector lost 1.19%, the real estate index retreated 1.89% and the healthcare sub-index...

European markets open lower after strong US job growth
Monday, 8 July 2019 14:22 WIB | Eropa Saham Eropa Stoxx Europe 600

European stocks edged lower Monday morning, after stronger-than-anticipated jobs data on Wall Street tempered expectations for a Federal Reserve rate cut. The pan-European Stoxx 600 was down around 0.1% at 389.67 shortly after the opening bell, with most sectors and major bourses in negative territory. Global equities have generally been boosted by rising expectations that central banks will keep interest rates at or near record lows to boost economic growth. Those expectations were tempered by a closely-watched U.S. labor report on Friday. Nonfarm payrolls jumped 224,000 in June, beating...