DJIA27222.97
LIVE3.12(0.01%)
NDX7904.13
LIVE15.37(0.19%)

U.S. Stock Market Ends Session Flat, But Books Weekly Gains


Saturday, 12 January 2019 04:20 WIB

DOW JONESS & P 500Indeks NasdaqSaham AS


c_740_198_16777215_00_images_assets_USMARKET_Saham-Wall-Street.jpg

U.S. stocks on Friday ended with slight losses, but capped a week that helped to propel the Dow and S&P 500 out of corrective phases as progress on trade talks with China and the U.S. overshadowed a partial government shutdown that had entered a 21st day.

The Dow Jones Industrial Average closed down about 6 points lower, or less than 0.1%, at 23,995, the S&P 500 index edged less than a point lower to reach 2,596, while the Nasdaq Composite Index fell 0.2% to close at 6.971, on a preliminary basis.

For the week, the Dow booked a weekly gain of 2.4%, the S&P 500 ended 2.5% for the period, while the Nasdaq produced a weekly return of 3.5%.

On Thursday, the S&P 500 and the Dow emerged from a correction, usually defined as a drop of 10% from a recent peak. The indexes climbed by at least 10% from their correction low, a day ago, which signals an emergence from correction, according to Dow Jones Market Data.

On Saturday, the partial government shutdown will mark the longest on record in its 22nd day. At that point, investors may take greater notice but thus far Wall Street investors have enjoyed solid gains.

Next week, bank earnings from Citigroup and JPMorgan Chase & Co. mark the unofficial start of earnings season, which may offer fresh clues about the health of American corporations.

Source : Market Watch


RELATED NEWS

  • Hong Kong stocks started Friday morning with small gains after two days of losses with buying supported by fresh hopes of a deep interest rate cut by the Federal Reserve later this month. The Hang Se...
  • Tokyo stocks opened higher on Friday, recouping some of their sharp losses the previous day, after a solid performance on Wall Street. The benchmark Nikkei 225 index, which lost nearly two percent on...
  • Hong Kong stocks ended with more losses Thursday, in line with a broad sell-off across Asia following a negative lead from Wall Street with energy firms hit by falling oil price The Hang Seng Index d...

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.