Wall Street closes mixed after Trump orders more tariffs on China

Markets 9/14/2018, 10:01 PM
Wall Street closes mixed after Trump orders more tariffs on China

Markets on Wall Street closed the session mixed on Friday, after United States President Donald Trump ordered a new set of tariffs on $200 billion worth of Chinese goods. The White House published a statement afterwards saying that "president Trump has been clear that he and his administration will continue to take action to address China’s unfair trade practices." Market watchers also digested released data on rising consumer confidence, business inventories, industrial production, retail sales and import price growth.

The Dow Jones Industrial Index and the S&P 500 finished adding only 0.03%. On the Dow, United Technologies Corporation advanced 1.76%, followed by Boeing's 1.22% increase. Advanced Micro Devices surged 7.35% on the S&P, topping the winners' list.

The Nasdaq 100 declined 0.21% at the closing bell. Costco and JD.com lead the losses, falling 2.44% and 2.34%, respectively.

The euro was 0.56% weaker against the dollar, selling for $1.16242 at 10:02 pm CET.

Breaking the News / NI

Share:

US Tech 100 I...-0.04%

7,560.12
Chart for: US Tech 100 Index

US Wall Stree...+0.10%

26,618.00
Chart for: US Wall Street 30 index

S&P 100 INDEX-0.26%

1,294.71
Chart for: S&P 100 INDEX

EUR/USD+0.10%

1.1760
Chart for: EUR/USD Spot