Dow threatens 7-day losing streak; tech rally sends Nasdaq to a record

U.S. equity benchmarks mostly rose in afternoon trading on Wednesday, though the Dow threatened to extend its recent losing streak to a seventh straight session, while gains in technology stocks helped to lift the broader market.

The Dow Jones Industrial Average fell 18 points, or 0.1%, to 24,683, erasing an early advance. The blue-chip average is coming off six straight daily drops, its longest such streak since March 2017. Were the Dow to extend that stretch to seven, it would still represent the longest since that month.

The S&P 500 index however, added 9 points, or 0.3%, to 2,771. The Nasdaq Composite Index was up 69 points to 7,795, a gain of 0.9% that took it to a record.

The Russell 2000 index of small-capitalization stocks rose 0.7% and hit an all-time high. The Russell has outperformed other indexes of late, in part due to the higher domestic focus of its components, which insulates it from trade uncertainty.

Source: Marketwatch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

U.S. stocks open higher; Dow aims to snap 6-day losing streak

U.S. stock-market indexes opened higher on Wednesday, attempting to recoup some of the losses from several days of selling, which was primarily driven by fears over trade issues.

The S&P 500 rose 8 points, or 0.3%, to 2,770. The Dow Jones Industrial Average advanced 77 points, or 0.3%, to 24,777, rising after six days of declines. The Nasdaq Composite Index gained 40 points, or 0.5%, to 7,766 at the open.

Among the biggest gainers on the S&P 500, Twenty-First Century Fox, Inc soared nearly 7% after Walt Disney raised its offer to purchase most of the company.

Source: Marketwatch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

Dow sheds 2018 gains on latest trade threat, set for longest losing streak in 15 months

U.S. stocks fell broadly on Tuesday after President Donald Trump threatened to slap up to $ 400 billion more in tariffs on China goods, the latest escalation in a trade dispute that has been unsettling investors for months.

The Dow Jones Industrial Average fell 1.1%, or 276 points, to 24,712. With the day’s decline, the blue-chip average is now down about 0.2% thus far this year. It is also set for its sixth straight daily drop, its longest such streak since March 2017.

The S&P 500 fell 15 points, or 0.5%, to 2,759. The Nasdaq Composite Index shed 57 points to 7,690, a drop of 0.7%.

Source: Marketwatch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

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