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Stocks steady mid-session Friday as investors ponder corporate earnings, Fed rate cuts and U.S-China trade dispute
Friday, 19 July 2019 23:36 WIB | MARKET UPDATE |Saham AS

U.S. stocks were little changed mid-session Friday, with Wall Street hopeful that the Federal Reserve will take aggressive action to stamp out signs of stress in the economy, while digesting mixed corporate earnings reports against the backdrop of the unresolved U.S.- China trade dispute.

The S&P 500 index rose back above 3,000 level in early trade, but all three benchmarks look likely to end slightly lower for the week.

The Dow Jones Industrial Average was up 78 points at 27,301, while the S&P 500 index was up 2.4 points to 2,997, and the Nasdaq Composite index up 10 points at 8,217.

Source: Marketwatch

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