Stock market today: Trade worries hit technology stocks, pulling Wall Street lower

NEW YORK — Wall Street’s record-setting rally ran into a wall as worries about worsening trade tensions with China slammed some of the market’s biggest winners of the year. The S&P 500 was 0.9% lower early Wednesday, a day after setting an all-time high for the 38th time this year. The Dow Jones Industrial Average edged up 46 points while the Nasdaq composite dropped 1.7%.

The United States has blocked Chinese access to advanced chips and the equipment to make them, citing security concerns, and urged its allies to follow suit. Most have strengthened their controls but many companies in the industry continue to do business with China. Markets in Taiwan were rattled by comments by former President Donald Trump to Bloomberg criticizing the self-governed island claimed by Beijing, which the U.S. is obligated by treaty to defense if it is attacked.

Elsewhere in Asia, Australia’s S&P/ASX 200 advanced 0.7% to 8,057.90 after hitting an all-time high of 8,083.70 during morning trading. South Korea’s Kospi shed 0.8% to 2,843.29. In other dealings, U.S. benchmark crude oil added 72 cents to $81.46 per barrel in electronic trading on the New York Mercantile Exchange.The euro rose to $1.0943 from $1.0897.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market today: Wall Street opens higher after inflation continues to easeNEW YORK (AP) — Stocks are edging higher in early trading on Wall Street and are heading for their fourth weekly gain in a row.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Stock market today: Wall Street inches higher ahead of inflation reportStocks inched higher on Wall Street as markets wait for a key report on inflation. The S&P 500 edged up 0.1% Thursday. The Nasdaq composite added 0.3%, and the Dow Jones Industrial Average rose 0.1%.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Stock market today: Wall Street barely budges ahead of inflation reportNEW YORK (AP) — Stocks are barely budging in early trading on Wall Street as markets wait for a key report on inflation. The S&P 500 was up about 0.1% in the early going Wednesday. The Nasdaq composite was up 0.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Stock market today: Wall Street drifts in subdued trading around last week's recordsStocks drifted to a mixed close near the all-time highs they set last week. The S&P 500 index edged up 0.2% Wednesday. The Nasdaq composite rose 0.5%, and the Dow Jones Industrial Average edged up less than 0.1%.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Stock market today: Wall Street slips in early trading, edging further below last week's recordsStocks are off to a sluggish start on Wall Street, pulling major indexes further below the all-time highs they set last week. The S&P 500 index slipped 0.2% in the first few minutes of trading Wednesday. The Nasdaq composite gave back 0.
Fuente: SooToday - 🏆 8. / 85 Leer más »