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Wall Street is trading in red with Dow dropping more than 200 points

2019-05-07 02:43 pm | Resource: News | No Views : 100

 Wall Street is trading in red with Dow dropping more than 200 points

Wall Street stocks started trading on Tuesday in the red zone as the US-China trade war remained the focus, with the Dow Jones industrial average shedding more than 230 points at the opening bell.

European Commission President Jean-Claude Juncker claimed that tensions would have a negative impact on the global investment climate. Meanwhile, Federal Reserve Chairman Robert Kaplan expressed optimism that an agreement could be reached between the two largest economies in the world.

Jobs in the United States rise 7.5M in March

The number of vacancies in the United States rose in February to 7.5 million in March, the Bureau of Labor Statistics said Tuesday.

The Employment and Job Vacancy Survey said that the number of employees reached 5.7 million in March, not much changed from the previous month, while the employment rate was 3.8%. Overall turnover or turnover was slightly changed at 5.4 million in the third month of 2019. The rate of quitting did not change by 2.3%, while the rate of layoffs and layoffs did not change by 1.1%.

Wall Street Opens
  • The Dow fell 0.81% shortly after the start of the session, weighed down by a decline of 2.49%.
  • The Nasdaq 100 fell 1.03% at the same time.
  • The S & P 500 index shed 0.78%, the worst performer was 11.60%.

The dollar held steady against major currencies on Tuesday as investors awaited a new round of trade negotiations between the world's two largest economies.
  • The euro was down 0.16% against the dollar, trading at $ 1.11820 at 16:29 CET.
  • The pound dropped 0.36% to hit 1.30493 against the dollar at the same time.


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We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

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