NEW YORK, Aug 18 — US stock indexes were flat in choppy trading today as investors refrained from making big bets ahead of minutes from the Federal Reserve’s last meeting that will likely show the path of monetary policy support over the next few months. Microsoft, Nvidia Corp and Tesla, which...
NEW YORK, Aug 18 — US stock indexes were flat in choppy trading today as investors refrained from making big bets ahead of minutes from the Federal Reserve’s last meeting that will likely show the path of monetary policy support over the next few months.
Lowe’s jumped 10.1 per cent after it forecast full-year sales above estimates on higher spending from builders and handymen getting back to housing projects. “You have the inflation pressure on one hand, and then you offset some of that with the depression that’s coming through from the Delta variant to some degree. That’s creating some of the gyrations in the market,” said Johan Grahn, head of ETF Strategy at AllianzIM in Minneapolis.
At 10.14am ET, the Dow Jones Industrial Average was down 1.22 points, or -0.00 per cent, at 35,342.06, the S&P 500 was up 2.87 points, or 0.06 per cent, at 4,450.95, and the Nasdaq Composite was up 7.46 points, or 0.05 per cent, at 14,663.64.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian shares pinned at lows after Wall Street falls, NZ holds rates steady | Malay MailHONG KONG, Aug 18 ― Asian shares held near year-to-date lows today as overnight declines on Wall Street reinforced worries about the economic impact of the Delta coronavirus variant sweeping through the region. The dollar stayed strong against most peers, while New Zealand's central bank held off...
Read more »
Asian shares pinned at lows after Wall Street falls, NZ holds rates steady | Malay MailHONG KONG, Aug 18 ― Asian shares held near year-to-date lows today as overnight declines on Wall Street reinforced worries about the economic impact of the Delta coronavirus variant sweeping through the region. The dollar stayed strong against most peers, while New Zealand's central bank held off...
Read more »
German bond yields fall to lowest in over a week ahead of US data | Malay MailFRANKFURT, Aug 17 ― German bond yields fell alongside those of US Treasuries to their lowest in over a week today, ahead of a US retail sales report that is expected to add to data showing slowing economic momentum. Risk sentiment was also dampened by a further spike in Delta variant-related...
Read more »
Singapore prepares for long term life – and death – with Covid-19 | Malay MailSINGAPORE, Aug 17 — With just a few dozen Covid-19 deaths and one of the world’s highest vaccination rates, Singapore wants to reopen for business – and is laying the groundwork to live with the coronavirus as it does other common diseases such as influenza. Its medical experts say residents...
Read more »
BHP to merge oil and gas assets with Australia’s Woodside | Malay MailMELBOURNE, Aug 17 — Mining giant BHP announced today it will merge its oil and gas assets with Australia’s Woodside, in a multibillion-dollar deal that sees BHP exit the liquid fossil fuel business. The Anglo-Australian firm said the agreement would see Woodside issue new shares to BHP...
Read more »