DJIA27025.88
LIVE23.90(0.09%)
NDX7942.14
LIVE21.93(0.28%)

Stocks open higher after weak jobs report boosts rate-cut hopes


Friday, 7 June 2019 20:59 WIB

Indeks NasdaqSaham ASIndeks Dow JonesIndesk S&P 500


c_740_198_16777215_00_images_assets_USMARKET_0USA-STOCKS.JPG

Stocks opened higher Friday after a much weaker-than-expected May jobs report, with support attributed to expectations the soft data will help push the Federal Reserve toward delivering a rate cut in coming months.

The Dow Jones Industrial Average rose 88 points or 0.3%, to 25,808, while the S&P 500 advanced 0.4% to 2,853.51. The Nasdaq Composite rallied 35 points, or 0.5%, to 7,651.

Source : MarketWatch


RELATED NEWS

  • Hong Kong stocks opened with slight gains Friday morning after Britain and the European Union hammered out a Brexit deal, while investors awaited the release of Chinese economic growth figures. The H...
  • Tokyo stocks opened higher on Friday following rallies on Wall Street in cautious trade ahead of the British parliament's vote on a new Brexit deal. The benchmark Nikkei 225 index was up 0.45 percent...
  • Hong Kong shares finished on a positive note Thursday as more weak US data raised hopes for another interest rate cut by the Federal Reserve. The Hang Seng Index rose 0.69 percent, or 184.21 points, ...

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.