DJIA26789.19
LIVE-36.55(-0.14%)
NDX7874.62
LIVE-65.71(-0.83%)

Stocks end on a negative note as bank earnings disappoint


Tuesday, 16 April 2019 03:27 WIB

Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS


c_740_198_16777215_00_images_assets_USMARKET_0NYE.jpg

U.S. stocks finished slightly lower on Monday after earnings from Goldman Sachs Group Inc. and Citigroup Inc. underwhelmed amid concerns over the banking sector's health.

The Dow Jones Industrial Average shed 28 points, or 0.1%, to end around 26,384, based on preliminary numbers. The S&P 500 fell by less than 0.1% to end around 2,906. The Nasdaq Composite fell 0.1% to finish near 7,976.

Though both Goldman Sachs and Citigroup beat their earnings estimates, their sharp decline in revenues failed to impress investors. Market participants are also looking for any signs of a so-called earnings recession, amid expectations S&P 500 constituent firms could post the first quarterly earnings decline in three years. Shares for Goldman Sachs were down 3.5%.

Source : MarketWatch


RELATED NEWS

  • Hong Kong shares edged down in the first few minutes of Wednesday weighed by ongoing uncertainty over the long-running Brexit saga. The Hang Seng Index dipped 0.05 percent, or 14.22 points, to 26,771...
  • Tokyo stocks opened higher on Wednesday, helped by a stable yen against the dollar after the global market moved narrowly during a holiday in Japan. The benchmark Nikkei 225 index was up 0.27 percent...
  • Hong Kong stocks finished on a positive note Tuesday, tracking gains on Wall Street thanks to growing hopes that China and the US will hammer out the first phase of their trade pact by next month. Th...
  • U.S. stocks ended lower on Tuesday, giving up early gains after British lawmakers rejected the government’s proposed timetable for passing legislation to ratify its deal to exit the European Union. T...

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.