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POPULAR NEWS
Tokyo Stocks Start The Week in The Red

Tokyo stocks opened lower Monday, kicking off the week in the red following several days of extreme volatility on global markets due to rising US interest rates and a US-China trade war. The benchmark Nikkei 225 index was lower by 0.78 percent or 177.31 points at 22,517.35 in early trade, while the broader Topix index was down 0.63 percent or 10.68 points at 1,691.77. Source : AFP

Yen Steady as Investors Seek Fresh Trading Cues: Inside Japan

Yen trades little changed against the dollar as investors look for fresh triggers after the Japanese currency capped its best week since February. JGB investors seen lacking trading incentives amid absence of a government auction and a Bank of Japan purchase operation. USD/JPY steady at 112.17 after falling 1.3% last week; pair touched 111.83 on Oct. 11, its lowest since Sept. 18. Leveraged funds boosted net yen short positions for a third straight week in period to Oct. 9, CFTC...

Asian Shares Slip on Lingering Trade, U.S. Rates Worries

Asian shares slipped on Monday as worries over Sino-U.S. trade disputes, a possible slowdown in the Chinese economy and higher U.S. borrowing costs tempered optimism despite a rebound in global equities late last week. Not helping the mood, oil prices jumped and Saudi Arabian shares tumbled on rising diplomatic tensions between Riyadh and the West after the monarchy warned against threats to punish it over disappearance of a journalist. MSCI's broadest index of Asia-Pacific shares outside...

Hong Kong Stocks Resume Slide in Early Trade

Hong Kong stocks fell in early trade on Monday, continuing a slump sparked by concerns over the global economy and trade tensions between China and the United States. The Hang Seng Index shed 1.16 percent, or 299.94 points, to 25,501.55 in the opening minutes. The benchmark Shanghai Composite Index meanwhile edged down 0.04 percent, or 1.00 points, to 2,605.91. But the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.26 percent, or 3.35 points, to...

Gold Gains as Risks Proliferate From Stocks to Trade

Gold rises as a stock slump resumes in Asia, President Donald Trump hints at imposing more trade tariffs on China, and investors track tensions in energy markets after Saudi Arabia threatened to retaliate against any punitive measures over the disappearance of journalist Jamal Khashoggi. Bullion capped the first back-to-back weekly gain since April last week, trading above $1,200 an ounce, as concerns about the impact of a burgeoning trade war triggered sell-off in U.S. stocks,...

Dow falls nearly 550 points as Nasdaq enters correction territory
Friday, 12 October 2018 03:12 WIB | MARKET UPDATE |DOW JONES Standard & Poor's 500Saham AS

U.S. stocks closed lower on Thursday, extending a bout of weakness sparked by several days of higher bond yields. Stocks continued to fall even as bonds pared back some of their losses on Thursday.

The S&P 500 fell 57 poitns, or 2.1%, to around 2,728. The Dow Jones Industrial Average shed 546 points, or 2.1%, to 25,053. The Nasdaq Composite slipped 93 points, or 1.3%, to 7,329. The S&P logged its sixth straight decline, marking its longest losing streak since November.

The tech-heavy Nasdaq fell into correction territory, defined as a 10% decline from its record closing high. This comes after the Dow and S&P posted their biggest one-day drop since February on Wednesday. In company news, Delta Air Lines Inc. jumped 4.3% after the company's third-quarter earnings beat expectations.

Marketwatch

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POPULAR NEWS
Tokyo Stocks Start The Week in The Red

Tokyo stocks opened lower Monday, kicking off the week in the red following several days of extreme volatility on global markets due to rising US interest rates and a US-China trade war. The benchmark Nikkei 225 index was lower by 0.78 percent or 177.31 points at 22,517.35 in early trade, while the broader Topix index was down 0.63 percent or 10.68 points at 1,691.77. Source : AFP

Yen Steady as Investors Seek Fresh Trading Cues: Inside Japan

Yen trades little changed against the dollar as investors look for fresh triggers after the Japanese currency capped its best week since February. JGB investors seen lacking trading incentives amid absence of a government auction and a Bank of Japan purchase operation. USD/JPY steady at 112.17 after falling 1.3% last week; pair touched 111.83 on Oct. 11, its lowest since Sept. 18. Leveraged funds boosted net yen short positions for a third straight week in period to Oct. 9, CFTC...

Asian Shares Slip on Lingering Trade, U.S. Rates Worries

Asian shares slipped on Monday as worries over Sino-U.S. trade disputes, a possible slowdown in the Chinese economy and higher U.S. borrowing costs tempered optimism despite a rebound in global equities late last week. Not helping the mood, oil prices jumped and Saudi Arabian shares tumbled on rising diplomatic tensions between Riyadh and the West after the monarchy warned against threats to punish it over disappearance of a journalist. MSCI's broadest index of Asia-Pacific shares outside...

Hong Kong Stocks Resume Slide in Early Trade

Hong Kong stocks fell in early trade on Monday, continuing a slump sparked by concerns over the global economy and trade tensions between China and the United States. The Hang Seng Index shed 1.16 percent, or 299.94 points, to 25,501.55 in the opening minutes. The benchmark Shanghai Composite Index meanwhile edged down 0.04 percent, or 1.00 points, to 2,605.91. But the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.26 percent, or 3.35 points, to...

Gold Gains as Risks Proliferate From Stocks to Trade

Gold rises as a stock slump resumes in Asia, President Donald Trump hints at imposing more trade tariffs on China, and investors track tensions in energy markets after Saudi Arabia threatened to retaliate against any punitive measures over the disappearance of journalist Jamal Khashoggi. Bullion capped the first back-to-back weekly gain since April last week, trading above $1,200 an ounce, as concerns about the impact of a burgeoning trade war triggered sell-off in U.S. stocks,...

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