DJIA26775.00
LIVE-14.19(-0.05%)
NDX7868.06
LIVE-6.56(-0.08%)

Wall Street Plunges on Trade, Growth Worries


Friday, 24 May 2019 03:22 WIB

DOW JONESS & P 500Indeks NasdaqSahamAS


c_740_198_16777215_00_images_assets_USMARKET_49121_620.jpg

Stocks took a beating Thursday as investors worried that a U.S.-China trade war could drag on indefinitely and sap global growth.

The only good news was that the major indexes bounced off their lows in the last hour of trading. The Dow Jones Industrial Average fell 1.1% or 286.14 to 25,490.47 . The S&P 500 slumped 1.2% or 34.65 to 2,821.62 and the Nasdaq Composite dropped 1.6% or 122.56 to 7,628.28.

Stocks have succumbed to selling pressure in May after Washington and Beijing engaged in tit-for-tat tariffs and other retaliatory measures, with the S&P 500 on track to post its worst monthly decline since the December selloff.

Beijing said on Thursday Washington needs to correct its "wrong actions" for trade talks to continue after the United States blacklisted Huawei Technology last week.

Source : Investing.com


RELATED NEWS

  • Wall Street edged higher on Wednesday, led by gains in Boeing and Apple shares, even as weak earnings from Caterpillar and Texas Instruments raised concerns about the impact of the U.S.-China trade wa...
  • U.S. stock index futures were slightly lower Wednesday morning. At around 04:45 a.m. ET, Dow futures slipped 23 points, indicating a negative open of more than 3 points. Futures on the S&P and Na...
  • Shares fell in Hong Kong on Wednesday in line with an Asia-wide sell-off, with traders keeping tabs on the possible reaction to a report saying China is drawing up a plan to remove the city's leader C...

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.