Wall Street tumbles on Monday’s flattening selloff (20/9)

ILLUSTRATION. Wall Street fell on Monday (20/9). The S&P 500 and Nasdaq recorded their biggest daily percentage declines since May. Reporter: Revelation Tri Rahmawati | Editor: Wahyu T. Rahmawati KONTAN.CO.ID – JAKARTA. Wall Street tumbled due to a flat sell-off on Monday (20/9). The S&P 500 and Nasdaq recorded their biggest daily percentage declines since […]

The S&P index rose after 5 sessions of decline

Wall Street’s Standard & Poor’s (S&P) index closed higher on Monday, reversing five straight sessions of losses, as investors focused on potential corporate tax increases and prospective economic data.While the Dow Jones Industrial Average ended the session higher, losses in major technology stocks pushed the Nasdaq Composite Index into the red.Market participants focus on the […]

European squares close in red. Interest rates rise and oil sags – Markets in a minute

Oil yields with prospect of deceleration in demand “Black gold” prices remain bearish, with the prospect of a slowdown in demand weighing on investor sentiment. West Texas Intermediate (WTI), “benchmark” for the United States, for October delivery fell 1.54% to 68.22 dollars a barrel. The November contract for North Sea Brent, negotiated in London and […]

PPKM (Definitely) Extended, but Will It Be Loose?

Jakarta, CNBC Indonesia – Over the past week the stock market and money market have strengthened, while yields (yield) Bonds were depressed, indicating that market participants are increasingly optimistic about the future economic outlook. Today, the market focus returns to the country. The Composite Stock Price Index (JCI) recorded a 1.42% jump last week with […]

Technology gives Nasdaq a record high .. despite the jobs report

The Nasdaq index closed on Friday at a new record high, but the major indices on Wall Street headed towards the May Day holiday weekend with mixed performance.This came on the back of a disappointing US jobs report, which raised concerns about the pace of economic recovery, but weakens expectations of a reduction in monetary […]

Slowing US job growth halts Wall Street gains

The US jobs report halted the gains of “Wall Street” (Friday), with job growth in the United States slowing more than expected in August, in light of weak demand for services and a persistent shortage of workers with high infections with Covid 19, but the pace is sufficient to continue growth. Economic. The Dow Jones […]

China plans to permanently close the doors of Wall Street in the face of tech giants

The Wall Street Journal, citing people familiar with the matter, reported that China plans to propose new rules that would ban companies that hold a large amount of sensitive consumer data from offering their shares in the United States. According to the report, officials from China’s stock regulator have told some global companies and investors […]

Wall Street is at a new level as the Treasury yields rise

US stocks rose on Wednesday, and major indexes continued to break records, supported by banks and the reopening of stocks as the 10-year Treasury yield rose.The Dow Jones Industrial Average rose 39.24 points, or 0.1 percent, to 35,405.50. The Standard & Poor’s Index added 0.2% to a new closing level of 4,496.19 points. The Nasdaq […]

Alibaba’s profits exceed expectations… and a strange reaction to the market

Alibaba’s fourth-quarter earnings per share beat analysts’ expectations even as earnings missed estimates, as the Chinese e-commerce giant announced Tuesday that it will increase its share buyback program from $10 billion to $15 billion. The business results failed to attract investors, as the stock fell by 0.8% in pre-US trading, after the shares of Alibaba […]