DJIA25890.53
LIVE-396.30(-1.51%)
NDX10524.01
LIVE-80.05(-0.75%)

Mounting trade concerns bog down Wall Street


Tuesday, 8 October 2019 23:33 WIB

Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS


c_740_198_16777215_00_images_assets_USMARKET_20160830a2.png

U.S. stocks tumbled on Tuesday as optimism faded over the outcome of trade talks after a report the Trump administration was moving ahead with efforts to limit capital flows to China and the inclusion of Chinese firms to a blacklist.

The declines were broad-based, with the 11 major S&P 500 sectors trading lower and all the 30 components of the blue-chip Dow Jones index in negative territory.

Adding to the pessimism was a South China Morning Post report that said China had toned down expectations ahead of the high-level talks set to begin on Thursday, and that the Chinese delegation could depart Washington a day earlier than planned.

At 11:27 a.m. ET, the Dow Jones Industrial Average was down 283.29 points, or 1.07%, at 26,194.73, while the S&P 500 was down 35.46 points, or 1.21%, at 2,903.33. The Nasdaq Composite was down 94.03 points, or 1.18%, at 7,862.27. The S&P 500 and Dow indexes fell below their 100-day moving average.

Source : Reuters


RELATED NEWS

  • Hong Kong stocks closed higher Wednesday after a sharp sell-off the day before and putting them back on their recent upward trajectory despite a surge in virus infections around the world. The Hang S...
  • Tokyo stocks closed lower on Wednesday, with investor sentiment hit by a downswing on Wall Street. The benchmark Nikkei 225 index fell 0.78 percent, or 176.04 points, to end at 22,438.65 while the br...
  • Hong Kong stocks went into the break Wednesday with some gains after suffering steep losses the day before, though virus fears continue to weigh on sentiment. The Hang Seng Index added 0.34 percent, ...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.