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POPULAR NEWS
Gold settles at fresh 2018 low as dollar index taps 11-month high

Gold prices marked a third straight session decline on Thursday to carve out another low for 2018 as a leading dollar index--lifted in a rising interest-rate environment--tapped its highest level since last summer. August gold lost $4, or 0.3%, to settle at $1,270.50 an ounce. Prices finished at their lowest for a most-active contract since Dec. 20, according to FactSet data. Around the metals complex, July silver rose 0.1% to $16.326 an ounce. Its Wednesday settlement at $16.309 was the...

Oil Trades Near $66 as OPEC Moves Closer to Output Boost Deal

Oil traded near $66 as OPEC and its allies reached a preliminary agreement despite strong opposition from Iran to boost production. Oil has fluctuated in a narrow range this month as traders looked for signals on whether OPEC can come to an agreement to raise output, and if they do, how much that increase would be. OPEC and allies are now seeking to balance the interests of producers and consumers as U.S. President Donald Trump expressed his displeasure with high prices while Iran and...

HK stocks hit six-month closing low as trade war fears persist (Review)

Hong Kong stocks ended at a six-month low on Thursday, as China-U.S. trade conflict fears curbed risk appetite. The Hang Seng index ended 1.4 percent lower at 29,296.05, while the China Enterprises Index closed lower by 1.2 percent at 11,364.66 points. œSino-U.S. trade tensions could further escalate, said Gao Ting, Head of China Strategy, UBS Securities. œWhile the macro impact would likely be limited, the negotiation path is hard to predict, which could have a long-term negative...

Gold Heads for Second Weekly Drop on Dollar's Strength

Gold poised for second weekly drop as stronger dollar counters uncertainty surrounding global growth amid trade tensions between the U.S. and China. Bullion for immediate delivery +0.1% to $1,268.45/oz at 9:24am in Singapore; -0.8% this week after -1.5% last week. Metal touched $1,261.50 on Thursday, lowest level since Dec. 20 Bloomberg Dollar Spot Index holds near highest since July 2017 In other precious metals : Silver +0.2% to $16.3522/oz to pare 2nd weekly...

Dow Extends Losing Streak to 8 Days

Stocks ended lower Thursday, with the Dow Jones Industrial Average stretching its losing streak to eight days as fears of a global trade war continued to weigh on investors. The Dow ended around 195 points lower near 24,463, a decline of 0.8%, according to preliminary figures. The string of losses matches a streak that ended in March 2017. The S&P 500 fell 0.6%, while the Nasdaq Composite lost 0.9%. Source : Marketwatch

Wall Street struggles to hang on to all-time highs
Wednesday, 13 September 2017 23:43 WIB | MARKET UPDATE |DOW JONESS & P 500 Standard & Poor's 500Saham ASNasdaq

U.S. stocks switched between small gains and losses on Wednesday, with the S&P 500 and Nasdaq retreating from all-time highs as investors searched for catalysts that could breathe new life into the rally.

Some analysts argued that a pause was due after days of solid gains that propelled indexes to a records.

The S&P 500 briefly set an intraday record but pulled back, trading off by 1 point to 2,495. Of the 11 main sectors, six were trading lower. Energy and consumer discretionary shares led the gains, up 0.8% and 0.5%, respectively.

The Dow Jones Industrial Average was dipping in and out of negative territory and recently traded a touch higher at 22,122.

The Nasdaq Composite Index was off by 4 points to 6,450.

All three benchmarks closed at records on Tuesday, marking the first time since July 26 that they simultaneously achieved all-time highs.

Shares of Apple Inc. slipped 1.2%. The tech giant on Tuesday revealed its new lineup of gadgets, but the much anticipated new flagship iPhone X it won™t be delivered until November.

Source:  Marketwatch

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POPULAR NEWS
Gold settles at fresh 2018 low as dollar index taps 11-month high

Gold prices marked a third straight session decline on Thursday to carve out another low for 2018 as a leading dollar index--lifted in a rising interest-rate environment--tapped its highest level since last summer. August gold lost $4, or 0.3%, to settle at $1,270.50 an ounce. Prices finished at their lowest for a most-active contract since Dec. 20, according to FactSet data. Around the metals complex, July silver rose 0.1% to $16.326 an ounce. Its Wednesday settlement at $16.309 was the...

Oil Trades Near $66 as OPEC Moves Closer to Output Boost Deal

Oil traded near $66 as OPEC and its allies reached a preliminary agreement despite strong opposition from Iran to boost production. Oil has fluctuated in a narrow range this month as traders looked for signals on whether OPEC can come to an agreement to raise output, and if they do, how much that increase would be. OPEC and allies are now seeking to balance the interests of producers and consumers as U.S. President Donald Trump expressed his displeasure with high prices while Iran and...

HK stocks hit six-month closing low as trade war fears persist (Review)

Hong Kong stocks ended at a six-month low on Thursday, as China-U.S. trade conflict fears curbed risk appetite. The Hang Seng index ended 1.4 percent lower at 29,296.05, while the China Enterprises Index closed lower by 1.2 percent at 11,364.66 points. œSino-U.S. trade tensions could further escalate, said Gao Ting, Head of China Strategy, UBS Securities. œWhile the macro impact would likely be limited, the negotiation path is hard to predict, which could have a long-term negative...

Gold Heads for Second Weekly Drop on Dollar's Strength

Gold poised for second weekly drop as stronger dollar counters uncertainty surrounding global growth amid trade tensions between the U.S. and China. Bullion for immediate delivery +0.1% to $1,268.45/oz at 9:24am in Singapore; -0.8% this week after -1.5% last week. Metal touched $1,261.50 on Thursday, lowest level since Dec. 20 Bloomberg Dollar Spot Index holds near highest since July 2017 In other precious metals : Silver +0.2% to $16.3522/oz to pare 2nd weekly...

Dow Extends Losing Streak to 8 Days

Stocks ended lower Thursday, with the Dow Jones Industrial Average stretching its losing streak to eight days as fears of a global trade war continued to weigh on investors. The Dow ended around 195 points lower near 24,463, a decline of 0.8%, according to preliminary figures. The string of losses matches a streak that ended in March 2017. The S&P 500 fell 0.6%, while the Nasdaq Composite lost 0.9%. Source : Marketwatch

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