U.S. Stocks Close Slightly Lower, Ending The Week Flat

U.S. stocks closed slightly lower on Friday as new questions surrounding government policy on both trade and the dollar cooled buying appetite, despite positive earnings releases.

The main benchmarks ended the week roughly where they started. The S&P 500 fell 2.66 points, or 0.1%, to 2,801.83 and is flat over the week. The Dow Jones Industrial Average declined 6.38 points to 25,058.128, though it eked out a 0.2% weekly gains. The Nasdaq Composite Index fell 5.1 points, or less than 0.1%, to 7,820.20, also ending the week unchanged.

Among the biggest gainers on the S&P 500 on Friday, shares of Microsoft Corp. rallied 1.8% after quarterly earnings results.

Source : Market Watch

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Sumber : bpfnews.com

European stocks close lower amid Trump remarks about China and the Fed

Shares in Europe closed lower on average on Friday afternoon following remarks from President Donald Trump over imposing tariffs on $ 505 billion worth of goods.

The pan-European Stoxx 600 ended provisionally lower by 0.09 percent at 385.2. The FTSE 100 in London ended flat, lower by just 0.04 percent.

Auto stocks were the worst-performers, down more than 2 percent amid reports that the European Commission is preparing retaliatory tariffs in case the U.S. moves ahead with duties on European carmakers. Banking shares were also under pressure amid comments from President Trump that he was not “thrilled” about the policy the Fed has followed.

Source : CNBC

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Sumber : bpfnews.com

U.S. Stocks Inch Higher as Microsoft Results Overshadow Ongoing Trade Uncertainty

U.S. stocks rose slightly on Friday, with technology stocks leading the day’s advance following strong results from Microsoft, one of the industry’s most closely watched bellwethers.

Major indexes inches higher throughout the session, erasing an early decline that came as new questions surrounding government policy on both trade and the dollar cooled buying appetite.

The Dow Jones Industrial Average rose 41 points, or 0.2%, to 24,106. The S&P 500 index was up 4 points to 2,808, an increase of 0.1%. The Nasdaq Composite Index which has an outsize exposure to large tech stocks, was up 33 points to 7,858, a gain of 0.4%.

For the week, the Dow is up 0.3% while the S&P is up 0.2%. The Nasdaq is up 0.4%. All three are on track for their third straight weekly advance.

Source : Market Watch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

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