Stocks reversed early losses to post a mixed finish Friday, capping a strong weekly and monthly performance, after President Donald Trump announced a series of measures aimed at punishing China over its treatment of Hong Kong but refrained from undermining the phase one trade deal reached earlier this year. The Dow Jones Industrial Average DJIA, -0.
06%, which traded more than 300 points lower as Trump began his announcement, ended the day with a loss of around 18 points, or 0.1%, near 25,383, according to preliminary figures, while the S&P 500 SPX, +0.48% rose around 15 points, or 0.5%, to close near 3,044. The Nasdaq Composite COMP, +1.29% jumped 121 points, or 1.3%, to finish near 9,490. The Dow logged a weekly gain of 3.8% and rose 4.3% for May, while the S&P 500 saw a 3% weekly rise and a 4.5% monthly advance.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Don’t forget $DKNG
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US stocks erase gains, close negative after Trump announces Friday press conference on China | Markets InsiderUS stocks erased earlier gains and closed negative on Thursday after President Donald Trump announced he will hold a press conference on Friday ...
Source: BusinessInsider - 🏆 729. / 51 Read more »
US stocks erase losses, finish higher after Trump refrains from China sanctions | Markets InsiderUS stocks gained on Friday, reversing earlier losses after President Donald Trump's news conference on China. Trump said he would begin taking s... Take that China!! 🤣🤣🤣🤣🤣🤣🤣🤣 Before he blew it with his vitriolic fiction in his news conference
Source: BusinessInsider - 🏆 729. / 51 Read more »
Global stocks fall as investors brace for Trump to hit China with a 'bazooka' | Markets InsiderGlobal stocks turned lower on Friday as investors prepare for fresh US-China intensification ahead of President Donald Trump's press conference ... With exception👉Chinese and Indian Market 🤠 Liquidity driven Bubble is created in the market it is bound to Fall, no rocket science Dollar are weakening against major currencies since last one week, Australian Dollar & Swiss Franc is providing alternate currency to hold🤠 realDonaldTrump doesn’t have the balls. The guy can only table-rouse. He is Incapable of actually doing anything of substance. This has been his entire life. Cheats and low level criminals r all the same. Petty thieves.
Source: BusinessInsider - 🏆 729. / 51 Read more »
US stocks slide as traders await President Trump's China news conference | Markets InsiderUS stocks slipped on Friday ahead of President Donald Trump's news conference on China. US consumer spending in April also posted the bigg...
Source: BusinessInsider - 🏆 729. / 51 Read more »
Global Stocks Fall as U.S.-China Tensions SimmerInternational stocks slipped, as investors braced for President Trump’s response to China’s push for tighter security controls on Hong Kong. Most Americans really don't care what happens to Hong Kong! Let's take care of ourselves for a change!! The world should be cautious about its ambitions to expand and invade. China's WarWolf Diplomacy has already affected all countries in the world. StandWithHongKong CCP ChinaCommunistParty
Source: WSJ - 🏆 98. / 63 Read more »