American shares are mixed
On Friday, American shares were mixed after the settlement because profits in the Telecoms, Oil & Gas, and Utilities sectors underpinned equities…
Trade worries suppress Wall Street
On Thursday, the S&P 500 along with the Dow Jones Industrial Average slumped after four winning trading sessions due to worries as for the US-China trade conflict, although profits in technology equities helped to raise the Nasdaq.
The US government has come up with an offer to impose duties on a further $200 billion worth of China’s products that will come true next month after a public comment period concludes on September 5.
Meanwhile, metal prices sank because the China-US trade clashes overshadowed optimism that Canada and America could come to a fresh a fresh North American Free Trade Agreement.
Aside from that, the S&P materials index declined by 1.27%, which is the best outcome amidst the 11 key S&P sectors. As for trade-sensitive industrials SPLRCI, they headed south by 0.5%, led by Caterpillar's 1.2% dip.
High-profile technology equities gave support. Facebook rallied by 2% and Apple grew 1.4%.
Amazon tacked on by 1.4% hitting $2,025.57. As for Amazon, it soared by 1.3%.
ET the Dow Jones Industrial Average declined by 0.33% reaching 26,037.48. The S&P 500 went down by 0.20% reaching 2,908.25. As for the Nasdaq Composite, it jumped by 0.12% demonstrating 8,119.77.
Eight of the 11 S&P sectors turned out to be loser, with financial as well as energy equities suppressing the S&P.
Dollar Tree went down by 13.2%, which is the best result on the S&P, having posted lower margins and forecasted a downbeat full-year revenue.
Electronic Arts headed south by 9.5% after the videogame maker postponed the launch of "Battlefield V" by up to 4 weeks and also reduced its full-year net bookings estimate.
Signet Jewelers inched up by up to 25.4% after the company managed to top sales as well as revenue estimates and had its full-year sales forecast raised.
Similar
European equities dive
On Thursday, European stocks reversed early profits due to the fact UK Prime Minister Theresa May's cabinet was plunged into fresh downtime over Brexit, with cars as well as banking shares leading the divers…
Asian equities are backed by China-US trade expectations
On Thursday, Asian equities rallied, underpinned by a leap in Chinese shares on signs that China and America might be taking steps to clarify their long-lasting trade clash, while crude prices resumed their dive on fears of oversupply…
Latest news
Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Deposit with your local payment systems
