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12.02.2019 05:08

Major US stock indexes finished trading mixed

Major US stock indexes ended the bidding without a single dynamic, as market participants took a wait-and-see position, waiting for news on progress, both in the trade negotiations between the US and China, and in the matter of financing the construction of a wall on the border with Mexico.

The United States and China continue trade negotiations before the upcoming March 1 deadline set for the conclusion of a trade agreement. If by that time both countries do not reach an agreement, then additional US tariffs on imports from China will come into force.

Axios reported over the weekend, citing two administration officials, that presidential advisers Donald Trump informally discussed the possibility of holding a meeting with Chinese President Xi Jinping next month at Mar-a-Lago, Trump's private club in Florida. In the morning, White House senior adviser Kelliann Conway told Fox News that Donald Trump could meet with the Chinese leader in the near future. These messages brought some relief to the market after Trump announced last week that he didn’t plan to meet with Xi Jinping until March, while White House Economic Adviser Larry Koudlow said that China and the US still have a lot of work to do before .

The focus is also on the possibility of another government closure in the United States, as Democrats and Republicans still disagree on border policy. This weekend Trump tweeted: “I truly believe that they (the democrats) want a shutdown.” However, today it became known that the leaders of Democratic and Republican representatives from the US Congress on the financing of border security are planning to meet on Monday in an attempt to reach an agreement that would prevent the next partial closure of the government by Friday's deadline.

The DOW components ended the bidding in different directions (16 in positive territory, 14 in negative). The growth leader was Nike Inc. (NKE, + 1.52%). The outsider was UnitedHealth Group Incorporated (UNH, -2.00%).

Most sectors of the S & P recorded an increase. The conglomerates sector grew the most (+ 0.4%). The largest decline was shown by the health sector (-0.2%).

At the time of closing:

Dow 25,052.50 -53.83 -0.21%

S & P 500 2,709.77 +1.89 +0.07%

Nasdaq 100 7,307.90 +9.71 +0.13%


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Sydney 21:00 06:00 00:00 09:00 00:00 09:00
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European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
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London 07:00 16:00 10:00 19:00 10:00 19:00
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