U.S. Stocks Fall as China Casts Doubt on Further Trade Talks
Friday, 17 May 2019 20:55 WIB |
MARKET UPDATE |S & P 500Saham AS
Stock-index futures point to a lower start for Wall Street Friday after Chinese state media indicated little appetite by Beijing to resume trade talks following Trump administration™s move to raise tariffs on Chinese imports and to target tech giant Huawei.
The Dow Jones Industrial Average fell 160 points, or 0.6% to 25,712, while the S&P 500 index lost 17.52 points, or 0.6%, to 2,859. The Nasdaq Composite Index meanwhile, declined 58 points, or 0.7% to 7,841.
On Thursday, the Dow rallied 214.66 points, or 0.8%, to 25,862.68, and the S&P 500 index climbed 25.36 points, or 0.9%, to 2,876.32. The Nasdaq rose 75.90 points, or 1%, to 7,898.05.
Source : Market Watch