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POPULAR NEWS
Wall Street Falls as Trade Optimism Fizzles

Wall Street dropped on Friday after a Chinese agriculture delegation canceled a planned visit to Montana next week, dampening optimism about U.S.-China trade talks. The Dow Jones Industrial Average fell 160.19 points, or 0.59%, to 26,934.6, the S&P 500 lost 15.08 points, or 0.50%, to 2,991.71 and the Nasdaq Composite dropped 65.21 points, or 0.8%, to 8,117.67. Source : Reuters

Hong Kong Stocks Close Down

Hong Kong stocks ended the week with another loss Friday as investors fret over the impact of weeks of sometimes violent protests on the city's economy. The Hang Seng Index slipped 0.13 percent, or 33.28 points, to 26,435.67. The benchmark Shanghai Composite Index gained 0.24 percent, or 7.17 points, to 3,006.45 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.16 percent, or 2.72 points, to 1,675.35. Source : AFP

Wall Street Gains on Trade Reprieve Ahead of Long Weekend
Friday, 24 May 2019 23:34 WIB | MARKET UPDATE |DOW JONESS & P 500Indeks NasdaqSahamAS

U.S. stocks gained on Friday, ahead of a long Memorial day weekend, as investors breathed a sigh of relief after President Donald Trump indicated that the protracted trade war with China could end soon.

Trump said on Thursday that Huawei Technologies Co Ltd could be included in the trade deal. However, no high-level talks have been scheduled since the last round of negotiations in Washington two weeks ago.

The positive news came after a slump in markets on Thursday. The S&P 500 index is on pace to end the week 1% lower, which would make it the third straight week of losses for the benchmark index, as markets worried that the trade war would result in a global economic slowdown.

Adding to concerns that the broader economy was slowing, data showed that U.S.-made capital goods fell more than expected in April.

At 11:03 a.m. ET the Dow Jones Industrial Average was up 34.87 points, or 0.14%, at 25,525.34, the S&P 500 was up 2.14 points, or 0.08%, at 2,824.38 and the Nasdaq Composite was up 18.30 points, or 0.24%, at 7,646.58.

Source : Reuters

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POPULAR NEWS
Wall Street Falls as Trade Optimism Fizzles

Wall Street dropped on Friday after a Chinese agriculture delegation canceled a planned visit to Montana next week, dampening optimism about U.S.-China trade talks. The Dow Jones Industrial Average fell 160.19 points, or 0.59%, to 26,934.6, the S&P 500 lost 15.08 points, or 0.50%, to 2,991.71 and the Nasdaq Composite dropped 65.21 points, or 0.8%, to 8,117.67. Source : Reuters

Hong Kong Stocks Close Down

Hong Kong stocks ended the week with another loss Friday as investors fret over the impact of weeks of sometimes violent protests on the city's economy. The Hang Seng Index slipped 0.13 percent, or 33.28 points, to 26,435.67. The benchmark Shanghai Composite Index gained 0.24 percent, or 7.17 points, to 3,006.45 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.16 percent, or 2.72 points, to 1,675.35. Source : AFP

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