Tariff uncertainty dragged most stock indices lower (只備英文版)
US stocks declined Monday led by declines in Apple and Amazon. Investors took profits ahead of President Donald Trump's expected announcement of new tariffs on $200 billion of Chinese imports. Beyond trade, investors and analysts say they are looking ahead to next week’s FOMC meeting. The Fed is widely expected to raise short-term interest rates for the third time this year. The Dow Jones industrials were down 0.35 percent, the S&P declined 0.6 percent and the Nasdaq was 1.4 percent lower.
Stocks were mostly up Friday and the week despite trade concerns (只備英文版)
Stocks were barely changed Friday even though they fluctuated during the trading day. The Dow Jones industrials edged up 8.68 points, the S&P crept up 0.80 points while the Nasdaq was 3.67 points lower. Despite the lackluster end of the week, the three indices moved higher for the week. The Dow added 0.9 percent, the S&P gained 1.2 percent and the Nasdaq was 1.4 percent higher. Financials rose with bond yields, while news that President Donald Trump instructed aides to proceed with tariffs on about $200 billion of Chinese products limited gains.