Global stocks falter on potential U.S., China trade deal delay
- 4 years ago
뉴욕증시, FOMC 결과 대기…다우, 0.07% 하락 마감
Global stocks faltered on Tuesday as strong earnings from U.S. drugmakers Merck and Pfizer and expectations the Federal Reserve will cut rates was offset by a potential delay in a U.S.-China trade deal, which clouded sentiment and weakened the dollar.
At closing bell, the Dow Jones Industrial Average fell almost point-1 percent; the S&P 500 also lost just about that much and the Nasdaq Composite dropped six-tenths of a percent.
Seoul stocks snapped a three-day rally to end slightly lower Tuesday as investors remained cautious ahead of a U.S. rate decision despite hopes for eased global trade tension.
The benchmark KOSPI closed a tad bit lower at 20-93 while the tech-heavy ==losed point-9 percent higher.
Oil pared losses amid expectations that U.S. refined product stockpiles declined last week.
Brent crude closed flat to settle at 61 dollars and 57 cents a barrel while the U.S. West Texas Intermediate crude settled down point-6 percent at 55-50 a barrel.
Global stocks faltered on Tuesday as strong earnings from U.S. drugmakers Merck and Pfizer and expectations the Federal Reserve will cut rates was offset by a potential delay in a U.S.-China trade deal, which clouded sentiment and weakened the dollar.
At closing bell, the Dow Jones Industrial Average fell almost point-1 percent; the S&P 500 also lost just about that much and the Nasdaq Composite dropped six-tenths of a percent.
Seoul stocks snapped a three-day rally to end slightly lower Tuesday as investors remained cautious ahead of a U.S. rate decision despite hopes for eased global trade tension.
The benchmark KOSPI closed a tad bit lower at 20-93 while the tech-heavy ==losed point-9 percent higher.
Oil pared losses amid expectations that U.S. refined product stockpiles declined last week.
Brent crude closed flat to settle at 61 dollars and 57 cents a barrel while the U.S. West Texas Intermediate crude settled down point-6 percent at 55-50 a barrel.