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Wall Street Dips as Mounting U.S.-China Tensions Cast Doubt on Trade Deal


Wednesday, 20 November 2019 23:38 WIB

DOW JONESS & P 500NasdaqSahamASWallstreet


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Wall Street edged lower on Wednesday, as hopes of a trade deal receded following an escalation in tensions between Washington and Beijing that also overshadowed upbeat forecasts from retailers Target and Lowe’s.

China condemned a U.S. Senate measure aimed at protecting human rights in Hong Kong amid prolonged protests, further souring the mood after President Donald Trump warned he would raise tariffs if no deal was reached.

At 10:15 a.m. ET, the Dow Jones Industrial Average was down 81.33 points, or 0.29%, at 27,852.69, the S&P 500 was down 5.91 points, or 0.19%, at 3,114.27 and the Nasdaq Composite was down 9.38 points, or 0.11%, at 8,561.28.

Source : Reuters


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