Stocks slid into the close as all three major indices ended in the red today. The Dow fell 0.3%, the S&P 500 slid 0.2% and the Nasdaq dropped 0.6%.
pulled back 0.6% at 8,030.66. For the week, the S&P 500 was on pace for its second straight weekly drop.
"It always amazes me how, despite everything else that is happening, the thing the market pays the most attention to is China trade," said Art Hogan, chief market strategist at National Securities. "If you rank things in an algorithm, trade would be at the top." The market turned slightly higher after China's foreign Minister Wang Yi said the U.S. has shown good will by waiving tariffs and China is willing to buy more American products, Reuters reported.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Global Stocks Drop on Trade and Political ConcernsGlobal stocks fell amid signs that President Trump will be confronted with increased domestic political pressure even as he continues to pursue a trade war with China.
Weiterlesen »
World stocks are tumbling on fears of a Trump impeachment inquiry and China trade snags'Markets won’t like the uncertainty it brings, In previous instances (Nixon, Clinton) there has been rockiness for equities and the dollar.'
Weiterlesen »
Stocks climb on China trade deal optimism, despite Trump impeachment bidU.S. stocks were higher Wednesday, after falling for three days, amid new optimism for a coming U.S. - China trade deal that offset concern about a...
Weiterlesen »
Asia stocks set to open mixed amid trade hopesStocks in Asia were set to open mixed on Thursday amid hopes that the U.S. and China could strike a deal soon.
Weiterlesen »
European stocks seen slightly higher amid US-China trade optimismEuropean stocks are set to open higher on Thursday amid hopes that the U.S. and China will be able to resolve their protracted trade battle.
Weiterlesen »
Stocks pause as investors monitor trade, parse whistleblower complaintStocks opened on either side of unchanged Thursday, in directionless trade as investors weighed U.S.-China trade talks, digested a raft of economic data and...
Weiterlesen »