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Stocks fall, Dow erases 155-point gain as Wall Street monitors US-China trade war


Tuesday, 27 August 2019 23:27 WIB

DOW JONES Standard & Poor's 500saham A.S


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Stocks turned lower on Tuesday, giving back solid gains from earlier in the day, as investors digested the latest developments from the U.S.-China trade war.

The Dow Jones Industrial Average was down 35 points, or 0.1%. The S&P 500 slipped 0.2% while the Nasdaq Composite pulled back 0.3%. The Dow rose as much as 155 points earlier on Tuesday.

Sentiment initially got a lift on Tuesday after China announced measures aimed at boosting consumption, including potentially removing car-buying restrictions. Auto stocks rose on the news. Ford Motor gained 0.3%. Fiat Chrysler and Ferrari rose around 1% each.

Source: CNBC


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