Major US stock indices predominantly declined as investors digested a mixed stream of reports on the US-China trade dispute ahead of a critical round of negotiations between the two countries.
US President Trump helped ease selling pressure on the market by writing Twitter this morning that Chinese Vice Premier Liu He is going to Washington to “make a deal.” However, his next statement “Let's See” made market participants temper expectations and contributed to maintaining market uncertainty.
Later, White House spokeswoman Sarah Sanders confirmed Trump's words that China intends to make a deal this week. She told reporters that the White House received "signs" that the Chinese delegation arriving in Washington wanted to conclude a trade agreement.
Earlier it was reported that Chinese Vice Premier Liu He should visit the United States on Thursday and Friday for trade talks. At the same time, Beijing said it would take the "necessary" countermeasures if Washington raises the tariffs on imports of Chinese goods by $ 200 billion from 10% to 25% on Friday.
Investors are concerned that the United States and China will not be able to resolve the trade agreement dispute before new tariffs are introduced on Friday that threaten Trump. According to Reuters, Chinese officials have abandoned key trade deal agreements previously reached, undermining hopes that the Chinese delegation, led by Deputy Prime Minister Liu He, will be able to save the deal this week.
Most of the components of DOW finished trading in positive territory (19 out of 30). The growth leader was The Walt Disney Company (DIS, + 1.42%). Intel Corporation (INTC; -1.84%) turned out to be an outsider.
Almost all sectors of the S & P recorded an increase. The exception is the utilities sector (-0.9%). The largest growth was shown by the conglomerate sector (+ 0.6%).
At the time of closing:
Dow 25,967.60 +2.51 + 0.01%
S & P 500 2,879.43 -4.62 -0.16%
Nasdaq 100 7,943.32 --20.44 -0.26%
U.S. stock-index futures fell on Wednesday, as investors continued closely monitoring developments around U.S.-China trade talks.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 21,602.59 | -321.13 | -1.46% |
Hang Seng | 29,003.20 | -359.82 | -1.23% |
Shanghai | 2,893.76 | -32.63 | -1.12% |
S&P/ASX | 6,269.10 | -26.60 | -0.42% |
FTSE | 7,242.66 | -17.81 | -0.25% |
CAC | 5,397.75 | +2.00 | +0.04% |
DAX | 12,146.59 | +53.85 | +0.45% |
Crude oil | 61.50 | +0.16% | |
Gold | 1,288.40 | +0.22% |
(company / ticker / price / change ($/%) / volume)
3M Co | MMM | 178.77 | -0.35(-0.20%) | 3599 |
ALCOA INC. | AA | 25.1 | -0.08(-0.32%) | 3949 |
ALTRIA GROUP INC. | MO | 52.71 | -0.23(-0.43%) | 2014 |
Amazon.com Inc., NASDAQ | AMZN | 1,917.35 | -3.65(-0.19%) | 60438 |
American Express Co | AXP | 118 | -0.22(-0.19%) | 1485 |
AMERICAN INTERNATIONAL GROUP | AIG | 49.8 | -0.50(-0.99%) | 3614 |
Apple Inc. | AAPL | 202.09 | -0.77(-0.38%) | 440454 |
AT&T Inc | T | 30.4 | -0.13(-0.43%) | 25139 |
Boeing Co | BA | 357.5 | 0.27(0.08%) | 48324 |
Caterpillar Inc | CAT | 133.2 | -0.47(-0.35%) | 13628 |
Chevron Corp | CVX | 118.19 | -0.08(-0.07%) | 1895 |
Cisco Systems Inc | CSCO | 53.33 | -0.12(-0.22%) | 19067 |
Citigroup Inc., NYSE | C | 67.75 | -0.41(-0.60%) | 36085 |
Deere & Company, NYSE | DE | 157.99 | 0.23(0.15%) | 909 |
Exxon Mobil Corp | XOM | 76.79 | 0.07(0.09%) | 2264 |
Facebook, Inc. | FB | 189.25 | -0.52(-0.27%) | 87843 |
FedEx Corporation, NYSE | FDX | 179.93 | -0.73(-0.40%) | 3788 |
Ford Motor Co. | F | 10.36 | -0.02(-0.19%) | 89544 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 11.45 | 0.01(0.09%) | 41998 |
General Electric Co | GE | 10.12 | 0.01(0.10%) | 130790 |
General Motors Company, NYSE | GM | 38.5 | -0.03(-0.08%) | 7285 |
Goldman Sachs | GS | 201.7 | -0.93(-0.46%) | 1994 |
Google Inc. | GOOG | 1,172.00 | -2.10(-0.18%) | 3607 |
Home Depot Inc | HD | 194.72 | -0.05(-0.03%) | 2356 |
Intel Corp | INTC | 50.35 | -0.13(-0.26%) | 35934 |
International Business Machines Co... | IBM | 137.97 | 0.33(0.24%) | 6710 |
Johnson & Johnson | JNJ | 139.95 | -0.02(-0.01%) | 3227 |
JPMorgan Chase and Co | JPM | 112.75 | -0.46(-0.41%) | 31117 |
McDonald's Corp | MCD | 198 | -0.04(-0.02%) | 2021 |
Merck & Co Inc | MRK | 77.99 | 0.09(0.12%) | 1123 |
Microsoft Corp | MSFT | 125.25 | -0.27(-0.22%) | 95042 |
Nike | NKE | 82.4 | -0.14(-0.17%) | 4003 |
Pfizer Inc | PFE | 40.85 | 0.02(0.05%) | 3665 |
Procter & Gamble Co | PG | 104.78 | 0.08(0.08%) | 3174 |
Starbucks Corporation, NASDAQ | SBUX | 77.5 | -0.10(-0.13%) | 9020 |
Tesla Motors, Inc., NASDAQ | TSLA | 246.6 | -0.46(-0.19%) | 62254 |
The Coca-Cola Co | KO | 48.1 | 0.10(0.21%) | 849 |
Travelers Companies Inc | TRV | 141.83 | 0.12(0.08%) | 208 |
Twitter, Inc., NYSE | TWTR | 38.54 | -0.08(-0.21%) | 74426 |
United Technologies Corp | UTX | 135.56 | 0.12(0.09%) | 727 |
UnitedHealth Group Inc | UNH | 238 | -0.05(-0.02%) | 1501 |
Verizon Communications Inc | VZ | 56.6 | -0.03(-0.05%) | 1987 |
Visa | V | 159.36 | -0.85(-0.53%) | 11483 |
Wal-Mart Stores Inc | WMT | 100.3 | -1.00(-0.99%) | 33302 |
Walt Disney Co | DIS | 134.06 | 0.62(0.46%) | 54149 |
Yandex N.V., NASDAQ | YNDX | 36.33 | 0.01(0.03%) | 6195 |
Index | Change, points | Closed | Change, % |
---|---|---|---|
Hang Seng | 153.2 | 29363.02 | 0.52 |
KOSPI | -19.33 | 2176.99 | -0.88 |
ASX 200 | 12 | 6295.7 | 0.19 |
FTSE 100 | -120.17 | 7260.47 | -1.63 |
DAX | -194.14 | 12092.74 | -1.58 |
Dow Jones | -473.39 | 25965.09 | -1.79 |
S&P 500 | -48.42 | 2884.05 | -1.65 |
NASDAQ Composite | -159.53 | 7963.76 | -1.96 |
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.