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POPULAR NEWS
Oil sees end-of-week bounce, but suffers hefty weekly loss

A tougher stance by the Trump administration on the suspected death of a prominent Saudi journalist lifted oil futures Friday, analysts said, though the U.S. benchmark still posted a heavy weekly decline after a further rise in domestic supplies. West Texas Intermediate crude for November delivery CLX8, +0.64% on the New York Mercantile Exchange rose 47 cents, or 0.7%, to close at $69.12 a barrel, leaving it with a 3.1% weekly decline. Trump on Thursday said it appeared likely the...

Shanghai Stocks Rally after Supporting Remarks (Review)

Shanghai stocks rebounded from early losses to surge more than two percent Friday after top economic officials made rare coordinated statements aimed at shoring up investor confidence in the country's troubled markets. The benchmark Shanghai Composite Index jumped 2.58 percent, or 64.05 points, to 2,550.47 but it still finished the week 2.1 percent lower. The Shenzhen Composite Index, which tracks stocks on China's second exchange, also gained 2.58 percent, or 31.80 points, to 1,263.81 but...

Stocks end mixed; Nasdaq suffers 0.6% weekly fall

Stocks saw a mixed finish to a choppy session Friday, with the Dow Jones Industrial Average taking back a modest portion of the previous session's more-than-300-point decline. The tech-heavy Nasdaq Composite lagged behind, falling 0.5% to finish around 7,449, according to preliminary figures, and leaving it with a 0.6% weekly loss. The S&P 500 ended less than 0.1% lower near 2,768, leaving it virtually unchanged on the week. The Dow rose around 65 points, or 0.3%, to close near...

Euro finds footing as EU softens Italy criticism

Foreign exchange markets reflected an improvement in risk sentiment after sluggish data on Chinese economic growth was offset by words of support Chinese authorities on Friday. Also, a European Union official attempted to ease tensions with Italy over the government™s fiscal plans, helping soothe fears of a budget showdown between Rome and Brussels and boosting the euro. European Economic Affairs Commissioner Pierre Moscovici said Italy was strongly committed to the EU and the euro, and...

U.S. stocks open lower as investors await clarity on taxes, watch central bankers
Tuesday, 14 November 2017 21:44 WIB | MARKET UPDATE |Indeks NasdaqIndeks S&P 500Indeks Dow Jones

U.S. stocks traded lower at the open on Tuesday, as Wall Street looked to the latest developments in the Republican Party's efforts to reform U.S. tax policy.

Central bankers were also in focus, with Federal Reserve Chairwoman Janet Yellen joining her European and Japanese counterparts in a panel discussion that could offer clues into the path for interest rates.

The Dow Jones Industrial Average fell 0.3%, or 66 points, to 23,374. The S&P 500 lost 8 points, or 0.3%, to 2,577. The Nasdaq Composite Index was down 22 points, or 0.3%, to 6,736. Among specific stocks, Home Depot Inc. fell 1% after reporting its third-quarter results, while Dick's Sporting Goods Inc. sank 6.8% after giving a disappointing 2018 outlook.

Source: MarketWatch

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POPULAR NEWS
Oil sees end-of-week bounce, but suffers hefty weekly loss

A tougher stance by the Trump administration on the suspected death of a prominent Saudi journalist lifted oil futures Friday, analysts said, though the U.S. benchmark still posted a heavy weekly decline after a further rise in domestic supplies. West Texas Intermediate crude for November delivery CLX8, +0.64% on the New York Mercantile Exchange rose 47 cents, or 0.7%, to close at $69.12 a barrel, leaving it with a 3.1% weekly decline. Trump on Thursday said it appeared likely the...

Shanghai Stocks Rally after Supporting Remarks (Review)

Shanghai stocks rebounded from early losses to surge more than two percent Friday after top economic officials made rare coordinated statements aimed at shoring up investor confidence in the country's troubled markets. The benchmark Shanghai Composite Index jumped 2.58 percent, or 64.05 points, to 2,550.47 but it still finished the week 2.1 percent lower. The Shenzhen Composite Index, which tracks stocks on China's second exchange, also gained 2.58 percent, or 31.80 points, to 1,263.81 but...

Stocks end mixed; Nasdaq suffers 0.6% weekly fall

Stocks saw a mixed finish to a choppy session Friday, with the Dow Jones Industrial Average taking back a modest portion of the previous session's more-than-300-point decline. The tech-heavy Nasdaq Composite lagged behind, falling 0.5% to finish around 7,449, according to preliminary figures, and leaving it with a 0.6% weekly loss. The S&P 500 ended less than 0.1% lower near 2,768, leaving it virtually unchanged on the week. The Dow rose around 65 points, or 0.3%, to close near...

Euro finds footing as EU softens Italy criticism

Foreign exchange markets reflected an improvement in risk sentiment after sluggish data on Chinese economic growth was offset by words of support Chinese authorities on Friday. Also, a European Union official attempted to ease tensions with Italy over the government™s fiscal plans, helping soothe fears of a budget showdown between Rome and Brussels and boosting the euro. European Economic Affairs Commissioner Pierre Moscovici said Italy was strongly committed to the EU and the euro, and...

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