U.S. stocks open lower ahead of Trump speech

U.S. stock-market indexes opened slightly lower Tuesday as investors remained cautious ahead of President Donald Trump’s address to a joint session of Congress.

The main indexes were still hovering near record levels set on Monday. The S&P 500 was down 3 points, or 0.1%, at 2,367.

The Nasdaq Composite began the session down 9 points, or 0.2% at 5,852. The Dow Jones Industrial Average was down 18 points or 0.1%, to 20,818 at the open.

Ending in the green on Tuesday for the Dow would mark its 13th-straight record close—representing the longest such record streak in the history of the 121-year old equity benchmark, according to Dow Jones data.

Source: Marketwatch

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U.S. stocks struggle to resume record run as traders wait for Trump speech

U.S. stock futures on Tuesday pointed to little change at the open, as analysts said a speech tonight by President Trump could determine the market’s next move following its record-setting rally.

Before Trump’s address to a joint session of Congress at 9 p.m. Eastern Time, investors are due to digest a flurry of economic reports and Federal Reserve speeches.

S&P 500 futures  , -0.01%  inched lower by 0.80 point, or less than 0.1%, to 2,367.50, while Dow Jones Industrial Average futures, +0.04%  edged higher by 7 points, or less than 0.1%, to 20,820. Nasdaq-100 futures, -0.02%  dipped by 2.50 points to 5,345.

Source: Marketwatch

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Sumber : bpfnews.com

European Stocks Hold Steady After Longest Slump Since November

European stocks were little changed, after a four-day decline, as losses in commodity producers offset further gains in builders.

The Stoxx Europe 600 Index climbed less than 0.2 percent at 8:32 a.m. in London. The benchmark trimmed intraday declines on Monday as construction companies rallied on U.S. President Donald Trump’s comments about “big” spending on infrastructure. Investors are seeking details of his economic plans from his address to a joint session of Congress, due after European markets close.

The Stoxx 600 closed at a two-week low on Monday. The benchmark lost momentum after reaching a 14-month high on Feb. 21.

Miners posted the worst performance on the Stoxx 600, heading for their lowest level in about three weeks.

Source: Bloomberg

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