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

Dow rises more than 150 points, erases 190-point drop as Trump delays auto tariffs


Wednesday, 15 May 2019 23:26 WIB

Saham AS


c_740_198_16777215_00_images_assets_USMARKET_904091608-information-board-new-york-stock-exchange-trading-floor-wall-street-street.jpg

Stocks rose on Wednesday on news that President Donald Trump plans to delay the implementation of auto tariffs.

The Dow Jones Industrial Average traded up 156 points after falling as much as 190 points earlier in the session. The S&P 500 gained 0.7% while the Nasdaq Composite rose 1.2%.

Three sources told CNBC the administration will delay those levies by up to six months. The news, which was first reported by Bloomberg News, sent auto stocks higher. Fiat Chrysler’s U.S.-listed shares rose 1.4% while Ford Motor and General Motors gained 1.3% and 1%, respectively.

Source: CNBC


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...

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.