DJIA25890.53
LIVE-396.30(-1.51%)
NDX10524.01
LIVE-80.05(-0.75%)

Dow Advances 400 Points as Investors Parse Upbeat Earnings From Target, Lowe's and Await Fed Minutes


Wednesday, 20 May 2020 23:26 WIB

DOW JONESS & P 500SahamASNasdaq Composite


c_740_198_16777215_00_images_assets_USMARKET_1026474-System__Resources__Image-1216367.jpg

U.S. stocks rose sharply Wednesday, erasing the previous day’s drop, as investors reviewed upbeat quarterly corporate results from retailers Target and Lowe’s and a surge in mortgage applications last week.

An account of the Federal Reserve’s most recent policy meeting, released later in the session, may also draw investor attention.

The Dow Jones Industrial Average advanced 417 points, or 1.7%, to 24,621. The S&P 500 climbed 55 points, or 1.9%, to 2,978. The Nasdaq Composite rose 201 points, or 2.2%, to 9,387.

On Tuesday, the Dow fell 390.51 points, or 1.6%, to end at 24,206.86, near a session low, while the S&P 500 index shed 30.97 points, or 1.1%, to finish at 2,922.94. The Nasdaq Composite Index  declined 49.72 points, or 0.5%, to close at 9,185.10.

Source : Marketwatch


RELATED NEWS

  • Hong Kong stocks closed higher Wednesday after a sharp sell-off the day before and putting them back on their recent upward trajectory despite a surge in virus infections around the world. The Hang S...
  • Tokyo stocks closed lower on Wednesday, with investor sentiment hit by a downswing on Wall Street. The benchmark Nikkei 225 index fell 0.78 percent, or 176.04 points, to end at 22,438.65 while the br...
  • Hong Kong stocks went into the break Wednesday with some gains after suffering steep losses the day before, though virus fears continue to weigh on sentiment. The Hang Seng Index added 0.34 percent, ...

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.