DJIA27076.82
LIVE-142.70(-0.52%)
NDX7852.41
LIVE-40.55(-0.51%)

Stock futures flat as trade fears counter strong earnings


Wednesday, 8 August 2018 19:41 WIB

Indeks saham berjangka A.S.DowJones Futures


c_740_198_16777215_00_images_assets_USMARKET_916375_14974994543025_rId5.jpg

U.S. stock index futures were flat on Wednesday, as escalating trade tensions between the United States and China overshadowed a strong showing for corporate earnings.

Washington is set to begin collecting 25 percent tariffs on another $16 billion in Chinese goods on Aug. 23, to which China has vowed to retaliate to an equal degree.

The index is just 1 percent shy of a record it hit on Jan. 26 as an estimated 24 percent jump in earnings from S&P companies testified to the strength of the world’s biggest economy and corporate sector.

Futures implied the index would open up at 2,860.7, about 12 points away from the record.

A sharp rally in tech and consumer discretionary stocks has already helped the Nasdaq recover much faster than the broader markets from a sell-off in February, hitting a record high late last month.

At 7:16 a.m., Dow e-minis were up 18 points, or 0.07 percent. S&P 500 e-minis were up 1.25 points, or 0.04 percent and Nasdaq 100 e-minis were up 3.25 points, or 0.04 percent.

Source : Reuters


RELATED NEWS

  • Hong Kong shares extended losses Tuesday on growing geopolitical fears after the weekend attack on Saudi oil facilities, while traders were also on edge over increasingly violent protests that have ro...
  • Tokyo shares ended higher on Tuesday with the dollar's rise encouraging investors despite ongoing concern after a weekend attack on Saudi oil facilities. The benchmark Nikkei 225 index added 0.06 per...
  • Hong Kong started on the back foot Tuesday as investors fretted over geopolitical tensions following the weekend strike on Saudi oil fields that fuelled concerns of a conflict in the Gulf. The Hang S...
  • Tokyo stocks opened lower on Tuesday on geopolitical concerns after crude prices surged following a weekend attack on Saudi oil facilities. The benchmark Nikkei 225 index was down 0.47 percent or 103...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.