Wall St. falls as investors cautious on trade; Intel slides

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Wall St. falls as investors cautious on trade; Intel slides
इंडिया ताज़ा खबर,इंडिया मुख्य बातें
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The benchmark S&P 500 fell on Wednesday for the third day in a row as investors ...

NEW YORK - The benchmark S&P 500 fell on Wednesday for the third day in a row as investors remained cautious about the latest developments on U.S.-China trade talks even after hopeful comments from the White House regarding an eventual agreement.

Wall Street had edged higher for much of the session after White House spokeswoman Sarah Sanders said that the United States had received an indication from Beijing that China wants to make a trade deal. China’s lead negotiator, Vice Premier Liu He, is due to visit Washington on Thursday and Friday. “The last 30 minutes lets you know that people are still leaning bearish mid-week,” said Michael Antonelli, market strategist at Robert W. Baird in Milwaukee.

The Dow Jones Industrial Average rose 2.24 points, or 0.01%, to 25,967.33, the S&P 500 lost 4.63 points, or 0.16%, to 2,879.42 and the Nasdaq Composite dropped 20.44 points, or 0.26%, to 7,943.32.Shares of Walt Disney Co rose 1.2% ahead of its quarterly results. Disney was the top boost to the S&P 500.McKesson Corp shares climbed 4.8% after the drug distributor’s quarterly results eased concerns about pricing pressures and costs related to opioid-related litigation.

Of the 426 S&P companies that have reported so far, about 75% have beaten profit estimates, according to Refinitiv data.Declining issues outnumbered advancing ones on the NYSE by a 1.16-to-1 ratio; on Nasdaq, a 1.18-to-1 ratio favored decliners.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

Reuters /  🏆 2. in US

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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