Stock Trade Flat But Longest Win Streak in a Year in Sight For S&P 500 After Trump's State of The Union

Wednesday, 6 February 2019 21:50 WIB

DOW JONESS & P 500SahamASNasdaq Composite


U.S. stock indexes on Wednesday were trading little changed at the open following a State of the Union from President Donald Trump that offered few new declarations but wasn't as acerbic as some had feared.

The S&P 500 index was at 2,736, off less than 0.1%. If the broad-market benchmark manages to notch a sixth consecutive gain it would equal its longest string of gains since the period ended Feb. 16, according to FactSet data. The Dow Jones Industrial Average was at off less than 0.1% at 25,400, while technology shares edged slightly higher, with the Nasdaq Composite Index climbing about 0.1% at 7,404. A finish at 7,431.50 or above for the Nasdaq would mean that tech proxy has emerged from bear-market territory, after sinking by at least 20% from a previous high late last year.

In corporate news, investors were watching shares of Snapchat-parent Snap Inc. which saw its shares soaring by nearly 20% after its corporate results late Tuesday, showed that it was narrowing losses.

Source :Marketwatch


  • Hong Kong stocks closed sharply lower on Tuesday as the deadly new coronavirus took a toll on corporate earnings and economic growth. The Hang Seng Index fell 1.5 percent, or 429.40 points, to close ...



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.