New York stock indices down amid fears of US and Chinese trade tensions

US, WASHINGTON (ORDO NEWS) — Key indexes of the New York Stock Exchange fell on Friday due to concerns of market participants about the possibility of increasing trade contradictions between the US and China.

As follows from the information on the exchange’s website, immediately after the start of operations, the Dow Jones industrial index fell by 400.19 points (-1.64%) to 23 945.53.

The S&P 500 Index, which includes the 500 largest companies in the US market, fell 58.02 points (-1.99%) and was at the level of 2 854.41 points.

The Nasdaq Electronic Exchange Index fell 203.08 points (-2.28%), to 8,686.48 points.

The cost of June WTI crude oil futures at the beginning of operations on the exchange was at the level of $ 20.03 per barrel.

“It’s important for investors that these contradictions in trade, in technology transfer and more broadly in geopolitics persist and may even become aggravated in the future,” The Wall Street Journal quoted the head of strategy at HSBC Global Asset as saying. Management of Joseph Little.


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