Dow falls 150 points, heads for 3-day losing streak
Thursday, 18 July 2019 23:34 WIB | MARKET UPDATE | Standard & Poor's 500Saham AS
Stocks fell for a third straight day on Thursday as Wall Street digested a mixed batch of corporate earnings results.
The Dow Jones Industrial Average dropped 150 points, or 0.5%, while the S&P 500 slid 0.4%. The Nasdaq Composite lagged, falling 0.6%.
Netflix shares plunged more than 11% after the streaming giant reported a surprise loss in U.S. subscribers coupled with slower-than-expected international membership growth. Those metrics -- which are key for Netflix ” offset a better-than-expected earnings per share result for the previous quarter.
IBM shares, meanwhile, briefly fell at the open before recovering after the company reported its fourth consecutive revenue decline. Declining sales from IBM™s IT division offset growth in its cloud business.
Morgan Stanley posted better-than-expected quarterly results, driven by its wealth management and fund divisions. The stock rose 0.5%.
Monday, 18 November 2019 15:30 WIB
Hong Kong stocks rose more than one percent Monday, staging a rebound after losing around five percent last week, with trade optimism trumping worries about violent protests in the city.
The Hang Sen...
Monday, 18 November 2019 15:25 WIB
European stocks opened mostly higher on Monday amid ongoing focus on developments in U.S.-China trade talks.
The pan-European Stoxx 600 edged 0.12% higher with banks climbing 0.4% to lead gains while...
Monday, 18 November 2019 14:45 WIB
China stocks ended Monday firmer, as investors hoped for more stimulus measures to shore up the slowing economy after a interbank lending rate cut.
The blue-chip CSI300 index rose 0.8%, to 3,907.93, ...
Monday, 18 November 2019 13:24 WIB
Tokyo stocks closed higher on Monday, led by gains in the semiconductor sector, with investors watching the forex market and US-China trade talks.
The benchmark Nikkei 225 index rose 0.49 percent, or...
Monday, 18 November 2019 10:19 WIB
Japanese stocks rose after fluctuating at the Monday open, as investors eyed progress in the U.S.-China trade negotiations.
Telecommunication shares gave the biggest boost to the Topix index, followi...