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US indices fail to make up any gains

  • Regular
  • US Market
  • 8 months ago
  • 117

U.S. indices closed without gains as investors took in the news that Trump won’t be meeting China’s President Xi Jinping before the trade deadline.

The DJIA and the S&P 500 both shed 09% while Nasdaq also slid by 1.2%.

The current situation with the U.S. and China is still unclear, however officials have hinted that tariffs will likely to be kept at 10% and will not be raised to 25%.

Along with the current trade drama, markets were impacted by weak data from the Eurozone.

 

Source: Smart Trend Team