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POPULAR NEWS
Oil holds steady as rising U.S. rig count offsets Iran sanctions worries

Oil prices were stable on Monday, supported by supply concerns ahead of the start of U.S. sanctions against Iran's crude exports, but held back by rising drilling activity in the United States. Front-month Brent crude oil futures were trading at $79.74 a barrel at 0042 GMT, 4 cents below their last close at the end of last week. U.S. West Texas Intermediate crude futures were at $69.07 a barrel, 5 cents below their last settlement. U.S. sanctions against Iran's oil exports will start on...

Tokyo: Stocks open lower on Monday

Tokyo stocks opened lower on Monday amid lingering geopolitical worries including the diplomatic fallout from the death of a Saudi journalist and ahead of corporate earnings report season. The Nikkei 225 index was off 0.66 per cent or 148.69 points at 22,383.39 in early trade, while the broader Topix index was down 0.72 per cent or 12.19 points at 1,680.66. AFP

Shanghai stocks extend rally at open

Shares rallied at the start of trade in Shanghai on Monday, extending a surge at the end of last week after China's top economic officials issued coordinated statements aimed at shoring up support for beleaguered markets. The benchmark Shanghai Composite Index rose 0.59 percent, or 15.17 points, to 2,565.64, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.93 percent, or 11.72 points, to 1,275.53. And the Hang Seng Index added 0.79 percent, or...

Gold Extends Rally as Safe Haven Demand Picks Up

Gold advanced for third day after White House economic adviser Larry Kudlow accused China of doing ''nothing'' to defuse a trade spat and as tensions between the U.S. and Saudi Arabia continue to simmer. U.S. stock-index futures declined, while equities in China climbed after President Xi Jinping vowed 'unwavering' support for the country's private sector. In an indication of renewed appetite for the metal as a safe haven, bearish bets on gold fell by the most since March. The...

Turkey's President Promises to Reveal 'Naked Truth' About Khashoggi Killing

Turkey's president Recep Tayyip Erdogan is vowing to reveal what he says is the "naked truth" about the death of Saudi journalist Jamal Khashoggi. Erdogan told an Istanbul rally Sunday "We are looking for justice here and this will be revealed in all its naked truth, not through some ordinary steps." Erdogan spoke to U.S. President Donald Trump by telephone Sunday, a Turkey's state-run news agency reports. It says both agree the Khashoggi case needs to be "cleared up with all...

U.S. Stocks hit records in broad rally
Saturday, 13 January 2018 00:31 WIB | MARKET UPDATE | Standard & Poor's 500Saham AS

U.S. stocks jumped on Friday, with major indexes adding to their recent string of records as optimism continued to grow over the economy and the state of American corporations as the fourth-quarter earnings season began.

The Dow Jones Industrial Average rose about 200 points, or 0.8%, to 25,772. The S&P 500 added 14 points to 2,781, a gain of 0.5%. The Nasdaq Composite Index rose 37 points to 7,249, a gain of 0.5%. All three closed at records on Thursday, and hit intraday records in early trading.

So far this week, the Dow is up 1.9% while the S&P is up 1.4% and the Nasdaq is up 1.5%. This is poised to be the second straight weekly gain for both the Dow and the S&P, as well as their seventh positive week of the past eight.

The Russell 2000 gained 0.7% to 1,597. The index of small-capitalization stocks hit an intraday record, and is up 1.9% on the week, which is set to be its biggest weekly gain since September.

The U.S. stock market will be closed on Monday for Martin Luther King Jr. Day.

Source: Marketwatch

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POPULAR NEWS
Oil holds steady as rising U.S. rig count offsets Iran sanctions worries

Oil prices were stable on Monday, supported by supply concerns ahead of the start of U.S. sanctions against Iran's crude exports, but held back by rising drilling activity in the United States. Front-month Brent crude oil futures were trading at $79.74 a barrel at 0042 GMT, 4 cents below their last close at the end of last week. U.S. West Texas Intermediate crude futures were at $69.07 a barrel, 5 cents below their last settlement. U.S. sanctions against Iran's oil exports will start on...

Tokyo: Stocks open lower on Monday

Tokyo stocks opened lower on Monday amid lingering geopolitical worries including the diplomatic fallout from the death of a Saudi journalist and ahead of corporate earnings report season. The Nikkei 225 index was off 0.66 per cent or 148.69 points at 22,383.39 in early trade, while the broader Topix index was down 0.72 per cent or 12.19 points at 1,680.66. AFP

Shanghai stocks extend rally at open

Shares rallied at the start of trade in Shanghai on Monday, extending a surge at the end of last week after China's top economic officials issued coordinated statements aimed at shoring up support for beleaguered markets. The benchmark Shanghai Composite Index rose 0.59 percent, or 15.17 points, to 2,565.64, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.93 percent, or 11.72 points, to 1,275.53. And the Hang Seng Index added 0.79 percent, or...

Gold Extends Rally as Safe Haven Demand Picks Up

Gold advanced for third day after White House economic adviser Larry Kudlow accused China of doing ''nothing'' to defuse a trade spat and as tensions between the U.S. and Saudi Arabia continue to simmer. U.S. stock-index futures declined, while equities in China climbed after President Xi Jinping vowed 'unwavering' support for the country's private sector. In an indication of renewed appetite for the metal as a safe haven, bearish bets on gold fell by the most since March. The...

Turkey's President Promises to Reveal 'Naked Truth' About Khashoggi Killing

Turkey's president Recep Tayyip Erdogan is vowing to reveal what he says is the "naked truth" about the death of Saudi journalist Jamal Khashoggi. Erdogan told an Istanbul rally Sunday "We are looking for justice here and this will be revealed in all its naked truth, not through some ordinary steps." Erdogan spoke to U.S. President Donald Trump by telephone Sunday, a Turkey's state-run news agency reports. It says both agree the Khashoggi case needs to be "cleared up with all...

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