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Stocks open little changed amid trade uncertainty


Tuesday, 2 July 2019 20:47 WIB

Standard & Poor's 500Saham AS


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Stocks were little changed on Tuesday after the U.S. threatened a new wave of tariffs on European goods, dampening recent optimism surrounding the Washington-Beijing trade truce.

The Dow Jones Industrial Average slid 41 points at the open, while the S&P 500 and Nasdaq Composite hovered just below the flatline.

The U.S. government on Monday threatened to impose tariffs on $4 billion of additional European Union goods in a long-running dispute over aircraft subsidies. The U.S. Trade Representative’s office released a list of products — including olives, Italian cheese and Scotch whiskey — that could be hit with new levies in additional to those introduced in April.

Source: CNBC


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