DJIA26281.82
LIVE11.93(0.05%)
NDX9629.66
LIVE-75.03(-0.77%)

Dow Slides 130 Points Ahead of Memorial Day Weekend as Investors Watch China-U.S. Tensions


Friday, 22 May 2020 23:36 WIB

DOW JONESS & P 500SahamASNasdaq Composite


c_740_198_16777215_00_images_assets_USMARKET_920x920.jpg

U.S. stock benchmarks traded lower early Friday as investors looked ahead to a three-day weekend.

Equity indexes will look to defend their sharp weekly gains amid rising Sino-American tensions and a holiday that could test the bounds of business reopening efforts after coronavirus lockdowns in much of the country.

The Dow Jones Industrial Average fell 130 points, or 0.5%, at 24,343, weighed by shares of Caterpillar Inc. and Boeing Co Meanwhile, the S&P 500 index gave up 12 points, or 0.4%, at 2,936. The Nasdaq Composite traded 0.3% lower at around 9,255, a decline of 28 points.

Meanwhile, the Russell 2000 index, representing smaller-capitalization companies, declined 0.6%, relinquishing an earlier gain.

For the week, the Dow has climbed 2.8%, the S&P 500 has returned 2.6% and the Nasdaq Composite has risen 2.8%. The Russell 2000 is on pace for a 6.6% weekly rise.

Source : Marketwatch


RELATED NEWS

  • The S&P 500 lost ground on Thursday as investors took profits in advance of Friday's jobs report, ending a four-day rally driven by rising economic sentiment. The Nasdaq joined the S&P 500 in...
  • U.S. stocks opened lower on Thursday as a rally fueled by hopes of an economic rebound from a coronavirus-led downturn ran out of steam even with weekly jobless claims dipping below 2 million for the ...

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.