U.S. stocks stall amid dovish noises from central banks
- 5 years ago
Wall Street ended mixed on Thursday, with a gain in Microsoft offsetting a dip in Apple, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing.
At closing bell, the Dow Jones Industrial Average declined point-2 percent to end at 27-thousand-and-95 while the Nasdaq Composite crept up by less than point-1 percent and the S&P 500 stood flat at 3-thousand-and-seven.
Seoul stocks ended higher Thursday... extending their winning streak to a tenth day, s the U.S. Federal Reserve's rate cut and hopes for progress in upcoming U.S.-China trade talks boosted market sentiment.
The benchmark KOSPI advanced one half a percent while the tech-heavy KOSDAQ edged up point-1 percent.
Oil prices rose slightly on Thursday... supported by supply risks brought about by last weekend’s drone attacks on Saudi oil infrastructure and a cut in U.S. interest rates.
Brent crude futures gained nearly 2-percent to 64 dollars and 83 cents a barrel while the U.S. West Texas Intermediate crude settled up one percent at 58-66 a barrel.
At closing bell, the Dow Jones Industrial Average declined point-2 percent to end at 27-thousand-and-95 while the Nasdaq Composite crept up by less than point-1 percent and the S&P 500 stood flat at 3-thousand-and-seven.
Seoul stocks ended higher Thursday... extending their winning streak to a tenth day, s the U.S. Federal Reserve's rate cut and hopes for progress in upcoming U.S.-China trade talks boosted market sentiment.
The benchmark KOSPI advanced one half a percent while the tech-heavy KOSDAQ edged up point-1 percent.
Oil prices rose slightly on Thursday... supported by supply risks brought about by last weekend’s drone attacks on Saudi oil infrastructure and a cut in U.S. interest rates.
Brent crude futures gained nearly 2-percent to 64 dollars and 83 cents a barrel while the U.S. West Texas Intermediate crude settled up one percent at 58-66 a barrel.