DJIA37775.38
LIVE22.07(0.06%)
NDX17394.31
LIVE-99.31(-0.57%)

U.S Stocks Open Slightly Lower as Investors Contend With Geopolitical and Growth Jitters


Wednesday, 28 August 2019 20:49 WIB

S & P 500Saham AS


U.S. stocks fell at the opening bell Wednesday as investors grappled with the ominous economic signal from the yield curve's inversion.

The S&P 500 was down 0.3% to 2,858. The Dow Jones Industrial Average shed 122 points, or 0.4%, to around 25,656. The Nasdaq Composite slipped 0.6% to 7,782.

The likelihood of a no-deal Brexit appeared to rise after the U.K. prime minister Boris Johnson announced he would look to suspend parliament until Oct. 14, a move that would stymie opponents of a no-deal arrangement.

The inversion of the yield curve, a well-regarded bond market recession indicator, also continued to dampen investor sentiment.

In company news, shares of Autodesk Inc. fell 12.8% after the design software company's outlook for third-quarter profits and sales fell short of analyst expectations.

Source : Market Watch


RELATED NEWS

  • Nikkei Japanese stocks rose, erasing early losses to eke out gains as value stocks such as financials were buoyed by Berkshire Hathaway Inc.’s bumper yen bond sale raising hopes of more investment fr...

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.