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POPULAR NEWS
Gold prices settle up by more than 1% for the week; palladium futures log another record

Gold prices climbed Friday to tally a 1.2% gain for the week. U.S. and European benchmark stock indexes declined and the dollar fell for the week, providing a boost to prices of the yellow metal. December gold climbed by $8, or 0.7%, to settle at $1,223 an ounce. Palladium futures, meanwhile, settled at another record on expectations for much stronger demand. R. Michael Jones, chief executive officer of Platinum Group Metals Ltd. December palladium added $17.20, or 1.5%, to finish at...

Stocks Turn Lower as Retail Drop Offsets Utilities

U.S. equity indexes fluctuated as a plunge in retail and technology stocks was partly offset by energy and utility gains. Treasuries climbed and the dollar retreated. The S&P 500 Index fell 0.2 percent as of 11:46 a.m. New York time.The S&P 500 Index turned lower as department-store chain Nordstrom Inc. declined on disappointing results, following letdowns from Macy™s Inc. and Dillard™s Inc. At the same time, California utilities PG&E Corp. and Edison International began to...

Hong Kong Shares Close Week on Positive Note (Review)

Hong Kong stocks finished the week with gains Friday, tracking a positive lead from Wall Street with energy firms supported by an uptick in oil prices. The Hang Seng Index rose 0.31 percent, or 80.19 points, to close at 26,183.53. The benchmark Shanghai Composite Index closed 0.41 percent, or 10.94 points higher at 2,679.11, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.84 percent, or 11.78 points, to finish at 1,410.18.

U.S. Oil Prices Settle Flat, Down a Sixth Week in a Row

U.S. oil futures settled unchanged on Friday, but posted a loss of 6.2% for the week, their sixth weekly loss in a row. Talk of reductions in crude output among major producers have only helped to temper price pressures from concerns about a potential global supply glut and a slowdown in energy demand. December West Texas Intermediate oil ended unchanged at $56.46 a barrel on the New York Mercantile Exchange. Source : Marketwatch

Stocks End Mostly Higher, But Suffer Weekly Losses on Tech Weakness

Stocks ended mostly higher Friday, finding support after President Donald Trump said China "wants to make a trade deal" with the U.S. But major indexes still logged sizable weekly losses, dragged lower by weakness in tech shares and also pressured on renewed geopolitical worries. The S&P 500 rose 0.2% to end near 2,736, according to preliminary data, while the Dow Jones Industrial Average advanced around 123 points, or 0.5%. The Nasdaq Composite however, was unable to shake off a weak...

Service Industries in U.S. Grow by Most in at Least 10 Years
Monday, 5 February 2018 22:13 WIB | ECONOMY |Ekonomi AS

America service industries expanded in January at the fastest pace in at least a decade as a surge in orders led to a pickup in hiring, figures from the Institute for Supply Management showed Monday.

Factory index jumped to 59.9 (est. 56.7), exceeding all forecasts in a Bloomberg survey, from 56; readings above 50 indicate expansion.

Employment gauge rose to 61.6, the strongest in records to July 1997, from 56.3.

Measure of new orders surged to a seven-year high of 62.7 last month from 54.5.

Source : Bloomberg

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POPULAR NEWS
Gold prices settle up by more than 1% for the week; palladium futures log another record

Gold prices climbed Friday to tally a 1.2% gain for the week. U.S. and European benchmark stock indexes declined and the dollar fell for the week, providing a boost to prices of the yellow metal. December gold climbed by $8, or 0.7%, to settle at $1,223 an ounce. Palladium futures, meanwhile, settled at another record on expectations for much stronger demand. R. Michael Jones, chief executive officer of Platinum Group Metals Ltd. December palladium added $17.20, or 1.5%, to finish at...

Stocks Turn Lower as Retail Drop Offsets Utilities

U.S. equity indexes fluctuated as a plunge in retail and technology stocks was partly offset by energy and utility gains. Treasuries climbed and the dollar retreated. The S&P 500 Index fell 0.2 percent as of 11:46 a.m. New York time.The S&P 500 Index turned lower as department-store chain Nordstrom Inc. declined on disappointing results, following letdowns from Macy™s Inc. and Dillard™s Inc. At the same time, California utilities PG&E Corp. and Edison International began to...

Hong Kong Shares Close Week on Positive Note (Review)

Hong Kong stocks finished the week with gains Friday, tracking a positive lead from Wall Street with energy firms supported by an uptick in oil prices. The Hang Seng Index rose 0.31 percent, or 80.19 points, to close at 26,183.53. The benchmark Shanghai Composite Index closed 0.41 percent, or 10.94 points higher at 2,679.11, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.84 percent, or 11.78 points, to finish at 1,410.18.

U.S. Oil Prices Settle Flat, Down a Sixth Week in a Row

U.S. oil futures settled unchanged on Friday, but posted a loss of 6.2% for the week, their sixth weekly loss in a row. Talk of reductions in crude output among major producers have only helped to temper price pressures from concerns about a potential global supply glut and a slowdown in energy demand. December West Texas Intermediate oil ended unchanged at $56.46 a barrel on the New York Mercantile Exchange. Source : Marketwatch

Stocks End Mostly Higher, But Suffer Weekly Losses on Tech Weakness

Stocks ended mostly higher Friday, finding support after President Donald Trump said China "wants to make a trade deal" with the U.S. But major indexes still logged sizable weekly losses, dragged lower by weakness in tech shares and also pressured on renewed geopolitical worries. The S&P 500 rose 0.2% to end near 2,736, according to preliminary data, while the Dow Jones Industrial Average advanced around 123 points, or 0.5%. The Nasdaq Composite however, was unable to shake off a weak...

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