Wall Street in mixed territory on U.S., China trade uncertainty and oil up 1% after fall in U.S. crude stockpiles
- 5 years ago
On Wall Street,
shares closed little changed in volatile trading day - rebounding from a deep sell-off this week - as investors remain unsure of the U.S., China trade deal outcome.
The Dow managed to snap a two-day losing streak - but just barely. The index finished a mere 2 points in the green... after opening the day lower and swinging up some 150 points at its highest point during trading.
The S&P 500 and Nasdaq closed point-2 percent and point-3 percent down, respectively, after spending much of the day in positive territory.
On the Korean bourse, the benchmark KOSPI ended lower on Wednesday as renewed U.S., China trade tensions and bleak China export data dented risk sentiment, while investors switched to safe-haven assets.
The tech-heavy KOSDAQ was also down by more than a percent.
Oil futures gained one-percent boosted by a surprise drawdown in U.S. crude stockpiles, but an escalating U.S.-Chinese trade fight limited its gains.
shares closed little changed in volatile trading day - rebounding from a deep sell-off this week - as investors remain unsure of the U.S., China trade deal outcome.
The Dow managed to snap a two-day losing streak - but just barely. The index finished a mere 2 points in the green... after opening the day lower and swinging up some 150 points at its highest point during trading.
The S&P 500 and Nasdaq closed point-2 percent and point-3 percent down, respectively, after spending much of the day in positive territory.
On the Korean bourse, the benchmark KOSPI ended lower on Wednesday as renewed U.S., China trade tensions and bleak China export data dented risk sentiment, while investors switched to safe-haven assets.
The tech-heavy KOSDAQ was also down by more than a percent.
Oil futures gained one-percent boosted by a surprise drawdown in U.S. crude stockpiles, but an escalating U.S.-Chinese trade fight limited its gains.