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U.S. Stocks Fall as China Casts Doubt on Further Trade Talks


Friday, 17 May 2019 20:55 WIB

S & P 500Saham AS


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Stock-index futures point to a lower start for Wall Street Friday after Chinese state media indicated little appetite by Beijing to resume trade talks following Trump administration’s move to raise tariffs on Chinese imports and to target tech giant Huawei.

The Dow Jones Industrial Average fell 160 points, or 0.6% to 25,712, while the S&P 500 index lost 17.52 points, or 0.6%, to 2,859. The Nasdaq Composite Index meanwhile, declined 58 points, or 0.7% to 7,841.

On Thursday, the Dow rallied 214.66 points, or 0.8%, to 25,862.68, and the S&P 500 index climbed 25.36 points, or 0.9%, to 2,876.32. The Nasdaq rose 75.90 points, or 1%, to 7,898.05.

Source : Market Watch


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