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Stocks retreat after failed Trump-Kim summit; GDP data better than expected


Thursday, 28 February 2019 23:27 WIB

DOW JONES Standard & Poor's 500Saham AS


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U.S. stocks fell Thursday morning but are off pre-market lows after a reading of fourth-quarter GDP came in better than expected. The reading comes as stocks had been under pressure after denuclearization talks between President Donald Trump and North Korean leader Kim Jong Un broke down.

The Dow Jones Industrial Average fell 14 points, or 0.1% to 25,971, the S&P 500 index retreated 5 points, or 0.2%, at 2,788, while the Nasdaq Composite index declined 22 points to 7,532, a fall of 0.3%.

Source: Marketwatch


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