X

US Stocks End Week Down After China Trade Report

Dow, Nasdaq, S&P 500 fall
By Newser Editors and Wire Services
Posted Sep 27, 2019 5:30 PM CDT

(Newser) – Wall Street capped a choppy week with a second straight weekly loss for the S&P 500 Friday as worries about a potential escalation in the trade war between the US and China erased early gains. Technology companies led the broad slide, the AP reports, as investors weighed a report saying the Trump administration is considering ways to limit US investments in China. The S&P 500 index fell 15.83 points, or 0.5%, to 2,961.79. The benchmark index finished the week with a 1% loss. Even so, it remains 2.1% below its all-time high set in July. The Dow Jones Industrial Average dropped 70.87 points, or 0.3%, to 26,820.25. The Nasdaq, which is heavily weighted with technology stocks, lost 91.03 points, or 1.1%, to 7,939.63. The yield on the 10-year Treasury note held at 1.68%. (Read more stock market stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.