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Dow Futures Drop Nearly 300 Points as U.S.-China Trade Talks Appear Stalled


Monday, 13 May 2019 18:06 WIB

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Wall Street was setting up for a tough start to the week on Monday, with Dow Jones Industrial Average futures down over 300 points as investors waited for countermeasures from China after trade talks with the U.S. appeared to end in a stalemate.

Dow futures fell 282 points, or 1%, to 25,682, while S&P 500 futures dropped 33.40 points, or 1.2%, to 2,853.75. Nasdaq-100 futures slid 117 points, or 1.5%, to 7,493.50.

On Friday, the Dow Jones Industrial Average rose 114.01 points, or 0.4%, to end at 25,942.37, recovering from a deficit of more than 350 points. The S&P 500 index  gained 0.4% to 2,881.40, while the Nasdaq Composite Index  climbed 0.1% to 7,916.94.

Source : Marketwatch


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