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Wall Street dips on U.S.-China trade tensions, Fed meeting eyed


Tuesday, 30 July 2019 23:26 WIB

DOW JONESS & P 500Indeks NasdaqSahamASWallstreet


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U.S. stocks dipped on Tuesday as U.S.-China trade worries pressured technology shares, while the scale of consensus at the Federal Reserve in favor of deeper cuts in interest rates ate into optimism that drove markets to record highs last week.

Apple Inc's results after markets close will paint a clear picture of the impact of trade tensions with China. Shares of the iPhone maker fell 0.81%, contributing the most to the tech sector's 0.45% drop.

The Dow Jones Industrial Average fell 27.79 points, or 0.1%, to 27,193.56, and the S&P 500 lost 8.19 points, or 0.27%, to 3,012.78. The Nasdaq Composite dropped 25.13 points, or 0.3%, to 8,268.20.

Source : Reuters


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