Stocks open moderately lower as trade-war worries rise

Friday, 9 August 2019 21:03 WIB

Saham AS


Stocks opened lower Friday, on track to end a volatile week on a down note as worries over trade came back into focus.

The Dow Jones Industrial Average was off 60 points, or 0.2%, at 26,319, while the S&P 500 decliend 9 points, or 0.3%, to 2,929. The Nasdaq Composite gave up 38 points to 8,001, a fall of 0.5. Chip stocks were in focus, with the Philadelphia Semiconductor Index off 0.9% after reports indicated the Trump administration wasn't ready to let U.S. companies resume doing business with Huawei Technologies Co. after Beijing said it was halting purchases of U.S. agricultural goods.

Source: Marketwatch


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