DJIA29348.10
LIVE0(0.00%)
NDX9173.73
LIVE0(0.00%)

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 sank more than one percent at the start of business Tuesday after Moody's cut the city's credit rating, blaming the government's response to months of sometimes violent protests. The...
  • Asian shares got off to a cautious start on Tuesday lacking any lead from Wall Street and after the IMF shaved its outlook for world growth this year, though it did offer a brighter view on China. MS...
  • Tokyo's Nikkei index opened slightly lower on Tuesday, with investors on the sidelines over a lack of trading pegs a day after the benchmark index posted its best finish in nearly 16 months. The key ...
  • Hong Kong shares finished on a negative note Monday as investors cashed in profits following last week's gains. The Hang Seng index slipped 0.90 percent, or 260.51 points, to close at 28,795.91. The...

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.