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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...

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...

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...

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...

Stock market pares firmer losses in late-morning trade
Tuesday, 14 November 2017 23:52 WIB | MARKET UPDATE | Standard & Poor's 500Saham AS

U.S. stock benchmarks came off their intraday lows late-morning Tuesday, with Wall Street trading skittishly in the face of uncertainty around efforts to reform tax policy and a downturn in crude-oil futures.

The Dow Jones Industrial Average traded off 60 points, or 0.2%, to 23,383, but the blue-chip gauge had been down by as much as about 170 points. Declines in shares of Goldman Sachs Group Inc., Apple Inc Walt Disney Co. DIS, -1.06% and DowDuPont Inc were dragging the average lower.

The S&P 500 index fell 7 points, or 0.3%, at 2,577, with only the utilities and consumer-staples sector, considered defensive plays, trading higher. The sectors most tied to the crude market, energy and materials led losses, each down at least 1% as the International Energy Agency said the oil-price rally may be ephemeral.

Meanwhile, the Nasdaq Composite Index dipped 20 points, 3%, to 6,735.

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...

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...

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...

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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