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POPULAR NEWS
Gold futures post a nearly 4% weekly gain

Gold futures rallied on Friday, posting a gain of 3.9% for the week and logging their highest most-active contract settlement since February 2013. "Gold has broken out of its historical shackles as a niche asset... and is on its way to much higher levels," said Peter Grosskopf, chief executive officer at Sprott, in emailed commentary. April gold rose $28.30, or nearly 1.8%, to settle at $1,648.80 an ounce. The weekly percentage climb was the largest since June, according to FactSet...

Hong Kong Stocks Close Lower on Virus Worries (Review)

Hong Kong stocks closed sharply lower Friday as the rising toll from the deadly coronavirus outside China fanned fears the epidemic's impact on earnings and economic growth could be worse than anticipated. The Hang Seng Index fell 1.1 percent, or 300.35 points, to 27,308.81. Mainland China's benchmark Shanghai Composite Index closed up 0.3 percent, or 9.52 points, to 3,039.67. The Shenzhen Composite Index, which tracks stocks on China's second exchange, was up 1.1 percent, or 21.21 points,...

Stocks end lower, post weekly loss, as coronavirus spread fans fears of global slowdown

Stocks ended broadly lower Friday, leaving major indexes with weekly losses. Analysts tied weakness to worries about the spread of COVID-19 outside China and the potential impact on global economic growth and supply chains. The Dow Jones Industrial Average fell around 227 points, or 0.8%, to end near 28,993, according to preliminary figures, while the S&P 500 lost around 36 points, or 1.1%, to finish near 3,338. The Nasdaq Composite dropped around 174 points, or 1.8%, ending near...

Pompeo Meets with New Oman Leader

U.S. Secretary of State Mike Pompeo arrived in Oman Friday for a meeting with the country's new ruler, Sultan Haitham bin Tariq Al Said. Pompeo will also pay homage to relatives of Sultan Qaboos bin Said, who died in January. Oman has close ties with Iran and Saudi Arabia, where Pompeo departed from earlier Friday after a three-day visit. Pompeo and Saudi King Salman discussed regional security issues presented by Iran Thursday in Riyadh. Pompeo also met with Saudi Crown Prince Mohammed bin...

European stocks close lower as coronavirus spread curbs sentiment; Pearson down 4.5%

European stocks closed lower on Friday afternoon, as investors monitored a raft of economic data and the latest developments in the coronavirus outbreak. The pan-European Stoxx 600 fluctuated for much of the day but closed 0.6% lower, taking cues from poor sentiment over on Wall Street. The spread of a new strain of coronavirus was the main focus for investors, as the number of cases and deaths grew. China™s National Health Commission said another 889 cases had been confirmed in the...

Dow Ends Around 250 Points Higher on Global Stimulus Hopes, Easing Trade Fears
Tuesday, 20 August 2019 03:17 WIB | MARKET UPDATE |DOW JONESS & P 500SahamAS

Stocks ended sharply higher Monday, further paring their August pullback as investors cheered talk of additional stimulus from global policy makers and a respite from negative trade-war headlines.

The Dow Jones Industrial Average rose around 250 points, or 1%, to end near 26,136, according to preliminary figures, while the S&P 500 advanced around 35 points, or 1.2%, to close near 2,924. The Nasdaq Composite advanced around 107 points to end the day near 8,003, a gain of 1.4%. Analysts said trade concerns were soothed after the Commerce Department gave Chinese telecom giant Huawei Technologies Co. another 90-day reprieve during which it can continue doing business with U.S. companies. Support was also tied to a move by the People's Bank of China to overhaul its interest-rate mechanism, which economists said would pave the way to lower borrowing costs for businesses. Also, Berlin indicated it was willing to employ fiscal stimulus if Germany's economy continues to slow.

Source : Marketwatch

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POPULAR NEWS
Gold futures post a nearly 4% weekly gain

Gold futures rallied on Friday, posting a gain of 3.9% for the week and logging their highest most-active contract settlement since February 2013. "Gold has broken out of its historical shackles as a niche asset... and is on its way to much higher levels," said Peter Grosskopf, chief executive officer at Sprott, in emailed commentary. April gold rose $28.30, or nearly 1.8%, to settle at $1,648.80 an ounce. The weekly percentage climb was the largest since June, according to FactSet...

Hong Kong Stocks Close Lower on Virus Worries (Review)

Hong Kong stocks closed sharply lower Friday as the rising toll from the deadly coronavirus outside China fanned fears the epidemic's impact on earnings and economic growth could be worse than anticipated. The Hang Seng Index fell 1.1 percent, or 300.35 points, to 27,308.81. Mainland China's benchmark Shanghai Composite Index closed up 0.3 percent, or 9.52 points, to 3,039.67. The Shenzhen Composite Index, which tracks stocks on China's second exchange, was up 1.1 percent, or 21.21 points,...

Stocks end lower, post weekly loss, as coronavirus spread fans fears of global slowdown

Stocks ended broadly lower Friday, leaving major indexes with weekly losses. Analysts tied weakness to worries about the spread of COVID-19 outside China and the potential impact on global economic growth and supply chains. The Dow Jones Industrial Average fell around 227 points, or 0.8%, to end near 28,993, according to preliminary figures, while the S&P 500 lost around 36 points, or 1.1%, to finish near 3,338. The Nasdaq Composite dropped around 174 points, or 1.8%, ending near...

Pompeo Meets with New Oman Leader

U.S. Secretary of State Mike Pompeo arrived in Oman Friday for a meeting with the country's new ruler, Sultan Haitham bin Tariq Al Said. Pompeo will also pay homage to relatives of Sultan Qaboos bin Said, who died in January. Oman has close ties with Iran and Saudi Arabia, where Pompeo departed from earlier Friday after a three-day visit. Pompeo and Saudi King Salman discussed regional security issues presented by Iran Thursday in Riyadh. Pompeo also met with Saudi Crown Prince Mohammed bin...

European stocks close lower as coronavirus spread curbs sentiment; Pearson down 4.5%

European stocks closed lower on Friday afternoon, as investors monitored a raft of economic data and the latest developments in the coronavirus outbreak. The pan-European Stoxx 600 fluctuated for much of the day but closed 0.6% lower, taking cues from poor sentiment over on Wall Street. The spread of a new strain of coronavirus was the main focus for investors, as the number of cases and deaths grew. China™s National Health Commission said another 889 cases had been confirmed in the...

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