Wall Street edged lower on Wednesday, as hopes of a trade deal receded following an escalation in tensions between Washington and Beijing that also overshadowed upbeat forecasts from retailers Target and Lowe™s.
China condemned a U.S. Senate measure aimed at protecting human rights in Hong Kong amid prolonged protests, further souring the mood after President Donald Trump warned he would raise tariffs if no deal was reached.
At 10:15 a.m. ET, the Dow Jones Industrial Average was down 81.33 points, or 0.29%, at 27,852.69, the S&P 500 was down 5.91 points, or 0.19%, at 3,114.27 and the Nasdaq Composite was down 9.38 points, or 0.11%, at 8,561.28.
Source : Reuters
Japanese stocks fell on Monday, slipping from an over one-year high hit in the previous session, as investors booked profits following an initial rally sparked by a preliminary trade deal between the United States and China. At 0149 GMT, the Nikkei index was down 0.11 % at 23,995.97, with the indus...
Hong Kong stocks opened lower Monday morning as investors await details of a partial trade pact agreed between China and the United States at the weekend. The Hang Seng index eased 0.57 percent, or 157.26 points, to 27,530.50. But the benchmark Shanghai Composite Index edged up 0.11 percent, or 3....
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Hong Kong stocks jumped more than two percent Friday after reports said China and the US had finally reached a partial trade agreement that will see Washington cancel tariffs due to be imposed at the weekend. The Hang Seng index soared 2.57 percent, or 693.62 points, to 27,687.76. The benchmark Sh...
The S&P 500 and the Nasdaq Composite finished the week at records Friday but enthusiasm over an announced China-U.S. partial trade deal, which had sparked buying Thursday, faded as investors weighed aspects of the so-called phase-one pact. The Dow Jones Industrial Average closed up about 0.01% ...