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POPULAR NEWS
Dow futures jump 250 points as focus remains on trade and the economy

U.S. stock index futures were set to open sharply higher on Friday morning as investors continued to focus on movements in the bond market and U.S.-China trade talks. Around 5:30 a.m. ET, Dow futures indicated a positive open of about 250 points. Futures on the S&P and Nasdaq were also both solidly higher. Wall Street closed Thursday's session on a more positive note, erasing some of the steep losses suffered earlier in the week. Market sentiment remains volatile, however, as concerns...

Gold Futures Settle Lower, Post a Third Straight Weekly Gain

Gold futures fell on Friday, but posted a gain for the week--their third in row. "Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in the U.S., [and] uncertainty regarding U.S./China trade policy and political unrest in Hong Kong," said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management. December gold fell by $7.60, or 0.5%, to settle at $1,523.60 on Comex. For the week, most-active contract prices rose by...

North Korea Fires More Weapons; Criticizes South Korea

North Korea has launched a fresh round of short-range weapons into the sea off its east coast, South Korea™s military reported - Pyongyang™s latest apparent outburst of anger at continued U.S.-South Korean military drills. The North fired two œunidentified projectiles Friday from Gangwon province in the northeast part of North Korea, according to a statement from Seoul™s Joint Chiefs of Staff. The weapons traveled about 230 kilometers, reaching a height of 30 kilometers, the...

Dow climbs 200 points at open but U.S. stock market set to book weekly loss amid recession jitters

Stocks opened higher Friday but Wall Street was still on track for weekly losses, as U.S. Treasury yields recovered from multiyear low and investors track U.S.-China trade negotiations. The Dow Jones Industrial Average gained 210 points, or 0.8%, at 25,789, and the S&P 500 index climbed 0.9% at 2,873, while the Nasdaq Composite Index advanced 0.8% to 7,845. Investing has been dominated by concerns about the health of the global economy, with an inversion of the yield curve, where...

Trump Says US Moving Rapidly Towards Trade Deal with Britain

President Donald Trump said on Thursday the United States and Britain were moving rapidly towards a deal on trade that would be "fantastic and big." "I think we'll make a fantastic and big trade deal with the UK," Trump told reporters before departing for a political rally in New Hampshire. "That's moving along rapidly." He said he had talked to British Prime Minister Boris Johnson on Wednesday and would be speaking with him again. "He and I are very much aligned," Trump said. The two...

Gold futures mark highest finish about a week
Friday, 8 June 2018 01:44 WIB | PRECIOUS METALS |GOLDEMASEmas berjangka

Gold saw a modest gain on Thursday, to mark its highest finish in a still-young June, as a popular gauge of the dollar's strength declined and boosted the short-term allure of the metal.

August gold tacked on $1.60, or 0.1%, to settle at $1,303 an ounce. That was the highest finish for a most-active contract since May 31, according to FactSet data. The ICE U.S. Dollar Index fell 0.3% at 93.39, declining by 0.6% week to date. Spot gold rose 0.1 percent to $1,297.20 an ounce by 2:17 p.m. ET, earlier hitting a one-week high, $1,303.08.

On the economic front, initial jobless claims fell slightly in early June, keeping the rate of layoffs in the U.S. near a 50-year low. The report largely backed up market expectations that the Federal Reserve will nudge key interest rates higher when it meets next week and perhaps signal its intention then to keep tightening rates later this year.

Source: Marketwatch

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POPULAR NEWS
Dow futures jump 250 points as focus remains on trade and the economy

U.S. stock index futures were set to open sharply higher on Friday morning as investors continued to focus on movements in the bond market and U.S.-China trade talks. Around 5:30 a.m. ET, Dow futures indicated a positive open of about 250 points. Futures on the S&P and Nasdaq were also both solidly higher. Wall Street closed Thursday's session on a more positive note, erasing some of the steep losses suffered earlier in the week. Market sentiment remains volatile, however, as concerns...

Gold Futures Settle Lower, Post a Third Straight Weekly Gain

Gold futures fell on Friday, but posted a gain for the week--their third in row. "Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in the U.S., [and] uncertainty regarding U.S./China trade policy and political unrest in Hong Kong," said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management. December gold fell by $7.60, or 0.5%, to settle at $1,523.60 on Comex. For the week, most-active contract prices rose by...

North Korea Fires More Weapons; Criticizes South Korea

North Korea has launched a fresh round of short-range weapons into the sea off its east coast, South Korea™s military reported - Pyongyang™s latest apparent outburst of anger at continued U.S.-South Korean military drills. The North fired two œunidentified projectiles Friday from Gangwon province in the northeast part of North Korea, according to a statement from Seoul™s Joint Chiefs of Staff. The weapons traveled about 230 kilometers, reaching a height of 30 kilometers, the...

Dow climbs 200 points at open but U.S. stock market set to book weekly loss amid recession jitters

Stocks opened higher Friday but Wall Street was still on track for weekly losses, as U.S. Treasury yields recovered from multiyear low and investors track U.S.-China trade negotiations. The Dow Jones Industrial Average gained 210 points, or 0.8%, at 25,789, and the S&P 500 index climbed 0.9% at 2,873, while the Nasdaq Composite Index advanced 0.8% to 7,845. Investing has been dominated by concerns about the health of the global economy, with an inversion of the yield curve, where...

Trump Says US Moving Rapidly Towards Trade Deal with Britain

President Donald Trump said on Thursday the United States and Britain were moving rapidly towards a deal on trade that would be "fantastic and big." "I think we'll make a fantastic and big trade deal with the UK," Trump told reporters before departing for a political rally in New Hampshire. "That's moving along rapidly." He said he had talked to British Prime Minister Boris Johnson on Wednesday and would be speaking with him again. "He and I are very much aligned," Trump said. The two...

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