Stocks finished mixed again.
Thursday’s session began on a flat note. But technology shares soon began selling off, pulling the S&P 500 into negative territory.
Tech giants like Facebook (FB), Apple (AAPL), and Alphabet (GOOG) lost between 1.3% and 2.8% and dragged the Nasdaq down.
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In Washington, U.S. and Canadian officials continued to negotiate on trade. And the world awaited news from the White House, which could impose another round of tariffs on Chinese goods as soon as a public comment period ends at midnight. This round of duties will target $200 billion worth of goods, including furniture, tires, bicycles, and lighting products. Beijing has vowed to retaliate.
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Here’s where the major indices ended the day:
- The S&P finished 0.4% lower. Down 10 points, the S&P ended at 2,878.
- The DOW ended with a 0.1% gain. Adding 21 points, the DOW closed at 25,996.
- The NASDAQ was down 0.9%. Lower by 72 points, the NASDAQ finished at 7,923.
Crude Oil (CL) dropped $0.94 today. Down 1.4%, CL finished at $67.81 a barrel.
Source: RockwellTrading by Markus Heitkoetter | Original Link