US: S&P 500 opens at two-month low as trade tensions mount

The S&P 500 opened at a more than two-month low on Wednesday as China's readiness to escalate its trade war with the United States fueled fears that the dispute could be long drawn and weigh on global growth.[NEW YORK] The S&P 500 opened at a more than two-month low on Wednesday as China's readiness to escalate its trade war with the United States fueled fears that the dispute could be long drawn and weigh on global growth.

The Dow Jones Industrial Average fell 116.31 points, or 0.46 per cent, at the open to 25,231.46. The S&P 500 opened lower by 12.14 points, or 0.43 per cent, at 2,790.25. The Nasdaq Composite dropped 54.33 points, or 0.71 per cent, to 7,553.02 at the opening bell.

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US: Wall St edges higher after Trump sparks US-China trade hopes[NEW YORK] Wall Street's major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from US President Donald Trump regarding trade relations with China assuaged concerns among some investors. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »