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Stock market retreats as Trump says he hasn't agreed to roll back China tariffs
Saturday, 9 November 2019 00:03 WIB | MARKET UPDATE |saham A.S

U.S. stocks traded mostly lower Friday after President Trump cast doubt on earlier reports that the administration would agree to roll back import duties on China as part of a œphase-one trade deal.

The Dow Jones Industrial Average fell 90 points, or 0.3% to 27,584, the S&P 500 index fell 4 points or 0.1% to 3,081, while the Nasdaq Composite Index gained 7 points, or 0.1%, at 8,442.

On Thursday, the Dow rose 182.24 points, or 0.66%, to a record 27,674.80, while the S&P 500 index gained 8.4 points, or 0.27%, to an all-time high of 3,085.18. The Nasdaq Composite Index added 23.89 points, or 0.28%, to 8,434.52, its second-highest close in history, according to Dow Jones Market Data.

For the week, the Dow was likely to gain 1%. while the S&P 500 and Nasdaq may finish the five-session period 0.5% higher.

Source: Marketwatch

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