DJIA26643.52
LIVE557.18(2.14%)
NDX10689.52
LIVE87.31(0.82%)

U.S. Stocks See Flat Start as Investors Await Remarks by Fed Chairman


Tuesday, 25 June 2019 20:48 WIB

S & P 500Saham AS


c_740_198_16777215_00_images_assets_USMARKET_1493307820697.jpg

U.S. stocks opened little changed Tuesday as investors awaited remarks by Federal Reserve Chairman Jerome Powell.

The Dow Jones Industrial Average rose 13 points, or less than 0.1%, to 26,740, while the S&P 500 was down less than a point at 2,944. The Nasdaq Composite was off 0.1% at 7,997.

Investor expectations for the Federal Reserve to deliver a rate cut as early as next month were boosted after last week's policy meeting and Powell's news conference.

Powell will have the opportunity to affirm or soften those expectations when he speaks at 1 p.m. Eastern at the Council on Foreign Relations in New York.

Shares of Allergan PLC jumped nearly 29% after agreeing to be bought by fellow drugmaker AbbVie Inc. in a deal valued at $63 billion. Abbvie shares fell 11.5%.

Source : Market Watch


RELATED NEWS

  • Hong Kong stocks were flat Wednesday, having swung through the day, with hopes for a vaccine playing against a spike in infections in the city and Donald Trump's decision to remove its special trading...
  • European stocks opened higher Wednesday as investor hopes for a coronavirus vaccine rise. The latest developments surrounding a potential coronavirus vaccine are one of the main focuses for markets W...
  • Hong Kong stocks went into the break with more losses Wednesday on concerns about the city's future after Donald Trump removed its special trading status, while it also struggles with a new spike in v...
  • Hong Kong shares started Wednesday morning with big gains on fresh hopes for a virus vaccine, which offset news that Donald Trump had removed the city's special trade privileges as expected. The Hang...

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.