The S&P500 and Nasdaq Posted Declines on Thursday (07/09/23)

The S&P500 and Nasdaq posted declines on Thursday (07/09/23), dragged down by weakness in Apple shares and a massive sell-off in chip-based technology stocks, triggered by fears of a ban on iPhone products in China; while falling jobless claims raised concerns about the direction of interest rates and US inflation control.

Daily Report | 8 September 2023

The S&P500 and Nasdaq posted declines on Thursday (07/09/23), dragged down by weakness in Apple shares and a massive sell-off in chip-based technology stocks, triggered by fears of a ban on iPhone products in China; while falling jobless claims raised concerns about the direction of interest rates and US inflation control.

Wall Street’s Three Major Indexes Closed in Negative Territory

Wall Street’s three major indexes closed in negative territory on Wednesday (06/09/23), with the Nasdaq’s 1% loss leading declines after stronger-than-expected services sector data fueled concerns that inflation is still quite heated and will keep interest rates high for some time.

Daily Report | 7 September 2023

Wall Street’s three major indexes closed in negative territory on Wednesday (06/09/23), with the Nasdaq’s 1% loss leading declines after stronger-than-expected services sector data fueled concerns that inflation is still quite heated and will keep interest rates high for some time.

Information of PT Lovina Beach Brewery Tbk (STRK) IPO

PT Lovina Beach Brewery (“Perseroan”) adalah perusahaan yang menjadi salah satu pelopor dalam industri craft beer di Indonesia yang kegiatan usaha utamanya adalah melakukan distribusi minuman alkohol.

U.S. Treasury Yields Rose

U.S. Treasury yields rose after economic data showed resilience and one Fed Official said it suggests that the central bank need not change the benchmark interest rates from its current position of 5.25%-5.50%.

Daily Report | 6 September 2023

Wall Street’s three major stock exchanges closed in negative territory on Tuesday (05/09/23), as they began the trading week after the Labor Day holiday, with the Dow Jones leading the way down 0.56% triggered by rising US Treasury yields along with Crude Oil prices; as well as investors assessed prospects for the Federal Reserve’s interest rate path.