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POPULAR NEWS
Gold futures end lower a day after highest finish since 2011

Gold futures pulled back Wednesday, after settling a day earlier at their highest since 2011. "Gold remains in an uptrend but some fatigue may be kicking in," said Lukman Otunuga, senior research analyst at FXTM. Data from Automatic Data Processing Inc. Wednesday showed that U.S. private-sector employers added 2.37 million jobs in June, less than analysts expected. Still, "some optimism may return over the U.S. economy recovering quicker than expected," something that may hit haven gold, he...

Hong Kong Stocks Finish Higher (Review)

Hong Kong shares closed with gains Tuesday following a rally in New York as traders welcomed upbeat economic data, though they remained cautious after China passed a controversial security law for the city. The Hang Seng Index added 0.52 percent, or 125.91 points, to 24,427.19. The benchmark Shanghai Composite Index rose 0.78 percent, or 23.16 points, to 2,984.67 while the Shenzhen Composite Index on China's second exchange jumped 1.88 percent, or 36.40 points, to 1,975.52. Source : AFP

Oil futures end down for the session, but post a more than 90% gain for the quarter

Oil futures settled with a loss on Tuesday, down nearly 36% in the first half of the year, according to FactSet data, as the spread of COVID-19 continued to feed expectations for weaker energy demand. U.S. benchmark prices, however, ended the second quarter up by almost 92%, rebounding from a record dip to a negative settlement in April as a group of major oil producers moved to reduce oil production and amid signs of some recovery in demand for oil. August West Texas Intermediate oil CLQ20,...

Oil Rises Toward $40 on Signs U.S. Stockpiles Are Shrinking

Oil rose after its best quarter in almost three decades following a report pointing to the first drop in U.S. crude stockpiles since May. Futures in New York climbed toward $40 a barrel after closing down 1.1% on Tuesday. The industry-funded American Petroleum Institute said that inventories shrunk by 8.16 million barrels last week, according to people familiar with the data. That would be the largest draw this year if confirmed by Energy Information Administration figures due later...

Stocks rise on positive coronavirus vaccine news, Pfizer gains

Stocks traded higher on Wednesday to kick off the second half of 2020 with market sentiment getting a lift from positive coronavirus vaccine news and strong U.S. economic data. The S&P 500 climbed 0.4% and the Nasdaq Composite advanced 0.5%. The Dow Jones Industrial Average rose 36 points, or 0.2%. At one point, the Dow was up more than 200 points. A study of a coronavirus vaccine candidate being developed by Pfizer and BioNTech showed the drug created neutralizing antibodies. The...

Dow falls over 200 points on weak manufacturing data, trade concerns
Monday, 2 December 2019 23:20 WIB | MARKET UPDATE |Saham AS

U.S. stocks traded lower Monday morning after data on the U.S. manufacturing sector showed it continued to contract in November, overshadowing better-than-expected readings on Chinese factory activity released over the weekend.

Investors were also monitoring trade concerns after President Donald Trump announced via Twitter that the U.S. would restore tariffs on all steel and aluminum shipped into the U.S. from Brazil and Argentina.

The Dow Jones Industrial Average fell 226 points, or 0.8%, to 27,825, while the S&P 500 index 27 points, or 0.9%, to 3,113. The Nasdaq Composite Index fell 120 points or 1.4%, to 8,545.

Source: Marketwatch

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POPULAR NEWS
Gold futures end lower a day after highest finish since 2011

Gold futures pulled back Wednesday, after settling a day earlier at their highest since 2011. "Gold remains in an uptrend but some fatigue may be kicking in," said Lukman Otunuga, senior research analyst at FXTM. Data from Automatic Data Processing Inc. Wednesday showed that U.S. private-sector employers added 2.37 million jobs in June, less than analysts expected. Still, "some optimism may return over the U.S. economy recovering quicker than expected," something that may hit haven gold, he...

Hong Kong Stocks Finish Higher (Review)

Hong Kong shares closed with gains Tuesday following a rally in New York as traders welcomed upbeat economic data, though they remained cautious after China passed a controversial security law for the city. The Hang Seng Index added 0.52 percent, or 125.91 points, to 24,427.19. The benchmark Shanghai Composite Index rose 0.78 percent, or 23.16 points, to 2,984.67 while the Shenzhen Composite Index on China's second exchange jumped 1.88 percent, or 36.40 points, to 1,975.52. Source : AFP

Oil futures end down for the session, but post a more than 90% gain for the quarter

Oil futures settled with a loss on Tuesday, down nearly 36% in the first half of the year, according to FactSet data, as the spread of COVID-19 continued to feed expectations for weaker energy demand. U.S. benchmark prices, however, ended the second quarter up by almost 92%, rebounding from a record dip to a negative settlement in April as a group of major oil producers moved to reduce oil production and amid signs of some recovery in demand for oil. August West Texas Intermediate oil CLQ20,...

Oil Rises Toward $40 on Signs U.S. Stockpiles Are Shrinking

Oil rose after its best quarter in almost three decades following a report pointing to the first drop in U.S. crude stockpiles since May. Futures in New York climbed toward $40 a barrel after closing down 1.1% on Tuesday. The industry-funded American Petroleum Institute said that inventories shrunk by 8.16 million barrels last week, according to people familiar with the data. That would be the largest draw this year if confirmed by Energy Information Administration figures due later...

Stocks rise on positive coronavirus vaccine news, Pfizer gains

Stocks traded higher on Wednesday to kick off the second half of 2020 with market sentiment getting a lift from positive coronavirus vaccine news and strong U.S. economic data. The S&P 500 climbed 0.4% and the Nasdaq Composite advanced 0.5%. The Dow Jones Industrial Average rose 36 points, or 0.2%. At one point, the Dow was up more than 200 points. A study of a coronavirus vaccine candidate being developed by Pfizer and BioNTech showed the drug created neutralizing antibodies. The...

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