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Daily Recap

Mixed stock prices resulted from different perspectives on the US-China trade war after the US placed additional tariffs on Chinese imports. The Shanghai Composite fell 1.27%, but the Hang Seng index rose 0.39%. All in all, the Asia Dow settled with a 0.81% gain. 

 

In Europe, the fear is that this US-China thing is moving into a more serious phase. The London FTSE rose nicely on higher natural resource companies, but other exchanges were all lower, taking the STOXX 600 down 0.20%.


In the US, stocks bounced above and below the unchanged level all day, finishing towards the high side. The Dow Industrials finished down 45 points or 0.18%; the Transports lost 0.38%, the S&P 500 down 0.03%, the NASDAQ rose 0.06%, and the Small Cap index was unchanged. Declining issues on the NYSE topped advancing issues by 1,559 to 1,349.

Fixed income markets were barely changed, as was the US dollar. The ... Log in or subscribe to continue reading.


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