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POPULAR NEWS
Gold futures fall for the session, gain 0.4% for the week

Gold futures declined on Friday, as optimism that phase one of a U.S.-China trade deal will soon be reached, and strength in the U.S. stock market dulled haven demand for the metal. For the week, however, gold tacked on 0.4%. "Despite this recent bout of counterintuitive losses, gold looks strong both technically and, more importantly, from a fundamental point of view," said Mark O'Byrne, research director at GoldCore. "From a technical point of view, gold looks very bullish with a series of...

Hong Kong Stocks Close Flat, Ending Tough Week (Review)

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Trade Hopes Propel Wall Street to Records; Healthcare Climbs

Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by big gains in shares of healthcare companies. The Dow Jones Industrial Average rose 221.71 points, or 0.8%, to 28,003.67, the S&P 500 gained 23.72 points, or 0.77%, to 3,120.35 and the Nasdaq Composite added 61.81 points, or 0.73%, to 8,540.83. Source : Reuters

Oil gains 1.7%, shrugging off rising supply concerns

Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices. Benchmark Brent crude gained $1.03, or 1.7%, to settle at $63.31 a barrel, while West Texas Intermediate crude rose 95 cents, or 1.7%, to settle at $57.72 a barrel. Brent and WTI both posted their second straight weekly gain. U.S. Commerce Secretary Wilbur Ross said in an interview on Fox Business Network on Friday...

U.S. Futures Pause on Reports of Tariff Roll-Back Uncertainty
Friday, 8 November 2019 19:11 WIB | MARKET UPDATE |S&P 500 Futures Indeks berjangka ASFUTURES

U.S. futures were flat on Friday after a record close during the prior trading session, as reports suggested that the White House's plan to roll back tariffs on China isn't as certain as originally thought.

Chinese officials said on Thursday that both sides had agreed to reduce tariffs, which the U.S. confirmed later in the day. But a divide remains in the White House over whether or not a tariff rollback is even a good idea, Reuters reported.

Meanwhile, outgoing European Commission President Jean-Claude Juncker said he didn't expect the U.S. to impose import tariffs on cars from the EU. The White House has until Nov. 13 to decide whether it will proceed with the threat it made back in the summer.

Nasdaq 100 were down 7 points or 0.1% by 6:44 AM ET (10:44 GMT), while Dow futures was flat at 27,667 points and S&P 500 Futures remained at 3,085.10 points.

Source : Investing.com

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POPULAR NEWS
Gold futures fall for the session, gain 0.4% for the week

Gold futures declined on Friday, as optimism that phase one of a U.S.-China trade deal will soon be reached, and strength in the U.S. stock market dulled haven demand for the metal. For the week, however, gold tacked on 0.4%. "Despite this recent bout of counterintuitive losses, gold looks strong both technically and, more importantly, from a fundamental point of view," said Mark O'Byrne, research director at GoldCore. "From a technical point of view, gold looks very bullish with a series of...

Hong Kong Stocks Close Flat, Ending Tough Week (Review)

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Trade Hopes Propel Wall Street to Records; Healthcare Climbs

Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by big gains in shares of healthcare companies. The Dow Jones Industrial Average rose 221.71 points, or 0.8%, to 28,003.67, the S&P 500 gained 23.72 points, or 0.77%, to 3,120.35 and the Nasdaq Composite added 61.81 points, or 0.73%, to 8,540.83. Source : Reuters

Oil gains 1.7%, shrugging off rising supply concerns

Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices. Benchmark Brent crude gained $1.03, or 1.7%, to settle at $63.31 a barrel, while West Texas Intermediate crude rose 95 cents, or 1.7%, to settle at $57.72 a barrel. Brent and WTI both posted their second straight weekly gain. U.S. Commerce Secretary Wilbur Ross said in an interview on Fox Business Network on Friday...

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