Wall Street shows mixed performance

Wall Street shows mixed performance

On Wednesday, American shares fluctuated between profits and losses because traders digested a mixed flow of reports, ahead of a crucial round of negotiations between China and America.

Vice Premier Liu He, China's key trade negotiator on Friday and Thursday in a last effort to come to a compromise, even as America told it would lift levies from 10% to 25% on $200 billion worth of China’s imports on Friday.

Responding to the potential extra levies, China's commerce ministry informed that it would require taking adequate retaliatory measures.

The escalation in tensions between the world's two leading economies renewed worries of a global economic deceleration and has made the benchmark S&P 500 drift away more than 2% from its record maximum of 2,954.13 recorded the previous week.

A 1% leap in stocks of Apple turned out to be a bright spot in the financial markets. As for Walt Disney, it’s expected to post its outcomes after the bell.   

ET, the Dow Jones Industrial Average managed to rally by 0.08% being worth 25,985.16. As a matter of fact, the S&P 500 headed south by 0.02% hitting 2,883.57, while the Nasdaq Composite decreased by 0.01% coming up with a reading 7,962.87.

With outcomes entering the final stretch, first-quarter gains are currently seen heading north by up to 1.2%, a steep improvement from the 2.3% dived anticipated at the beginning of the season.

Of the 426 S&P companies, which have posted, nearly 75% have surpassed revenue forecasts.

Besides this, Electronic Arts Inc headed north by up to 1.2% right after the videogame maker reported better-than-anticipated quarterly gain, riding on the popularity of its battle royale game.

Advancing issues managed to outnumber divers by a 1.20-to-1 ratio on the NYSE as well as by a 1.11-to-1 ratio on the Nasdaq.

Similar

Latest news

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera