DJIA24100.51
LIVE-496.87(-2.02%)
NDX6594.96
LIVE-173.01(-2.56%)

U.S. stocks sag at the open and the Dow falls by 175 points


Friday, 10 August 2018 20:53 WIB

DOW JONESS & P 500SahamASUS STOCK


c_740_198_16777215_00_images_assets_USMARKET_0DJI.jpeg

U.S. stock-index benchmarks slumped to start Friday trade, tracking a global equity retreat fueled by a mounting currency crisis in Turkey, which raised the alarm for possible contagion into other markets.

The Dow Jones Industrial Average fell by 174 points, or 0.7%, at 25,333, the S&P 500 index fell 0.5% at 2,838, while the Nasdaq Composite Index dropped 0.6% at 7,848. The drop for stocks to close out the week comes amid a steep decline in the Turkish lira after the European Central Bank expressed concern about the country, where President Recep Tayyip Erdogan was re-elected in a snap vote in June and whose growing power has raised questions about the independence of the country's central bank.

Meanwhile, newly announced U.S. sanctions against Russia added to the turmoil. The the ruble shed as much as 5% against the dollar on Thursday and stock averages there plunged. In corporate news, shares of Dropbox Inc. were lower after a second-quarter earnings report, which also included news that Chief Operating Officer Dennis Woodside was stepping down and a post-IPO lockup on shares would expire earlier than previously planned.

Source : Marketwatch


RELATED NEWS

  • Saham Hong Kong mengakhiri Senin sedikit lebih rendah setelah aksi jual di akhir jam perdagangan, dengan investor melihat ke depan untuk pertemuan kebijakan Federal Reserve dan konferensi perencanaan ...
  • Saham Tokyo sedikit menguat pada hari Senin karena para investor mengurangi pembeliannya setelah mengalami penurunan tajam pada akhir pekan lalu, terkait fokus mereka beralih menjelang pertemuan Feder...
  • Bursa saham Hong Kong dibuka sedikit lebih tinggi pada Senin ini seiring perhatian beralih ke pertemuan kebijakan Federal Reserve minggu ini, dengan investor berharap untuk beberapa petunjuk tentang r...

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.