2/14/2019, 10:00 PM (Source: TeleTrader)
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US markets close mixed on Trump's border plan

Markets on Wall Street closed mixed on Thursday after it was announced that United States President Donald Trump plans to sign the spending bill on Friday to avert another government shutdown and also declare a national emergency under which he could finance the wall with Mexico without congressional approval. Shortly afterward, House Speaker Nancy Pelosi warned there would be "legal challenge" if Trump makes that move. Meanwhile, the US Senate confirmed William Barr as attorney general.

Earlier in the day, Amazon announced it is pulling the plug on its $3 billion plan to build a second headquarters in New York City.

The Dow Jones Industrial Average index was 0.41% in the red at the close. Coca-Cola was the worst performer by far, diving 8.46%, after it reported 6% lower revenue in the last three months of 2018.

The Nasdaq 100 was up 0.09% as cloud data services company NetApp sank 5.48%, leading the losses. The S&P 500 lost 0.27%. Telecom firm CenturyLink plunged 13.06%.

The euro traded flat against the dollar, at 4:02 pm ET, changing hands for $1.12920.

Breaking the News / NI