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Wall Street Flat as Trade Deal Optimism Wanes, Earnings in Focus


Monday, 14 October 2019 23:27 WIB

DOW JONESS & P 500Indeks NasdaqSahamASWallstreet


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U.S. stocks stalled on Monday after three straight sessions of gains as a bare-bones trade deal with China announced on Friday dampened sentiment and triggered a 2% drop in oil prices, ahead of the start of third-quarter earnings season.

Oil majors Exxon Mobil Corp and Chevron Corp were among the biggest drags on the S&P 500 index, as oil prices gave up last week's gains on growing concerns that the partial trade deal could take time to be sealed.

At 11:28 a.m. ET, the Dow Jones Industrial Average was up 15.16 points, or 0.06%, at 26,831.75, while the S&P 500 was down 1.79 points, or 0.06%, at 2,968.48. The Nasdaq Composite was up 0.73 points, or 0.01%, at 8,057.77.

Source : Reuters


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