* Asian stock markets: https://tmsnrt.rs/2zpUAr4. * MSCI ex-Japan ticks up, Japan's Nikkei stumbles. * Chinese shares on firm footing on stimulus hopes. * Japan's GDP shrinks at fastest pace in 6 years. * Singapore downgrades growth outlook due to coronavirus. By Swati Pandey.
* Asian stock markets: https://tmsnrt.rs/2zpUAr4. * MSCI ex-Japan eases slightly, Japan's Nikkei stumbles. * Japan's GDP shrinks at fastest pace in 6 years. * Singapore downgrades growth outlook due to coronavirus. By Swati Pandey.
Presidents Day initially honored George Washington on his birthday. U.S. financial markets will be closed on Monday, Feb. 17, in observance of Presidents Day. The New York Stock Exchange and Nasdaq will be closed.
* S&P 500, Nasdaq end higher. * Oil prices gain, up for week. * U.S. dollar index higher. By Caroline Valetkevitch. Global stock markets rose slightly on Friday as investors bet on a lull in proliferation of the coronavirus, while oil prices registered their first weekly gain since early January.
U.S. stocks were little changed Friday but ended the week with gains as investors' concerns about a sharp rise in coronavirus cases faded. The S&P 500 and Nasdaq Composite swung between small gains and losses Friday and ended the session higher, while the Dow Jones Industrial Average suffered a modest loss. The S&P 500 rose 6.22 points, or 0.2%, to 3380.16, a new record.
The S&P 500 and the Nasdaq on Friday closed at an all-time high, capping a week that had produced a decided uptrend as investors parsed a round of corporate results, economic data and the spread of COVID-19. All three benchmarks, however finished the week solidly higher. The S&P 500 gained 6.22 points, 0.2%, to close at 3,380.16, a record.
U.S. stock benchmarks Friday morning were edging slightly higher and looking to maintain strong weekly gains as investors weighed positioning heading into the weekend, amid the continuing spread of COVID-19, the illness derived from the novel coronavirus that reportedly originated in Wuhan, China last year. The Dow Jones Industrial Average traded 18 points, or 0.1%, lower at 29,403, the S&P 500 index gained 0.1% at 3,3766, while the Nasdaq Composite Index climbed 0.2% at...
Retail sales gains were muted in January and industrial production declined but consumer confidence was near a 15- year high in early February. The Nasdaq and S&P 500 finished at records Friday, after bouncing between small gains and losses, as investors parsed mixed data on the strength of the U.S. consumer and monitored the spread of COVID-19 in China. The bond and stock markets will be closed Monday in observance of Presidents Day.
* White House considering tax incentive to buy stocks - CNBC. * Retail sales, industrial output data underwhelm. * Nvidia (NVDA) climbs after upbeat revenue forecast. * Indexes: Dow off 0.09%, S&P up 0.18%, Nasdaq up 0.20% By Stephen Culp.
U.S. stocks paused Friday but were on track to end the week with gains as investors' concerns about a sharp rise in coronavirus cases from earlier in the week faded. The S&P 500 and Nasdaq Composite were little changed in recent trading. The Dow Jones Industrial Average fell 95 points, or 0.3%.
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