Stocks fell on Wednesday as the corporate earnings season rolled on with companies like CSX and Bank of America releasing their quarterly numbers.
The Dow Jones Industrial Average dropped 115.7 points, or 0.42%. The S&P 500 slid 0.65% to 2,984.42. The Nasdaq Composite closed 0.46% lower at 8,185.21.At around 2:30 a.m. ET, Dow futures were down 75 points and indicated an implied negative open of more than 52 points, while the S&P 500 and Nasdaq also pointed to lower opens.
Stocks closed at the day's lows Wednesday after the Wall Street Journal reported that trade negotiations between the U.S. and China had faltered over restrictions on Chinese telecommunications giant Huawei, citing sources familiar with the talks.about the possibility of an imminent resolution to the ongoing trade war between the world's two largest economies.
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Asia stocks set to trade lower amid renewed US-China trade uncertaintyU.S. President Donald Trump said Tuesday that Washington and Beijing have a long way to go on trade, adding that America could place tariffs on an additional $325 billion worth of Chinese goods if needed. Well that didn't take long...POTUS with the hatchet. Told you he is beyond untrustworthy as the drunken sailor he is. The COMEDIAN is back and ready to come for the KING Xi Dynasty mismanaged. Feng shui not good. tt: GordonGChang
La source: CNBC - 🏆 12. / 72 Lire la suite »
U.S. housing market stuck in a rut despite lower mortgage ratesU.S. homebuilding fell for a second straight month in June and permits dropped t... GREAT NEWS! I live in Silicon Valley and CAN HARDLY GET DOWN THE ROAD FOR THE people, and construction ... GROWTH. Now, I may be able to pull into my driveway and get into the house. 🏘️🏡🏠 RE: 'U.S. housing market stuck in a rut ....' But I thought the economy was booming 😂😂😂 We are becoming more like the EU, a state of renters. This is not all bad, housing ruins the environments.
La source: Reuters - 🏆 2. / 97 Lire la suite »