TELETRADER News
5/29, 3:30 PM (Source: TeleTrader)
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Wall Street starts mixed as US-China row continues

Stocks on Wall Street started mixed on Thursday as US Director of the National Economic Council Larry Kudlow stated Washington was "furious" with China over Hong Kong ahead of President Donald Trump's announcement on China which is due later in the day. Shortly before the bell, data showed that the US trade deficit increased to $69.7 billion in April.

The Dow Jones Industrial Average declined 0.52% at 9:30 am ET, with Microsoft gaining 1.11% at 9:54 am ET. The Nasdaq 100 gained 0.19% in the first minute of trading as Zoom recovored from losses earlier in the week and jumped 3.88% at 9:33 am ET. The S&P 500 decreased by 0.26% at 9:30 am ET as Fortinet was up 2.51% 9:55 am ET.

The euro increased 0.41% to 1.11242 against the dollar at 9:34 am ET.

Breaking the News / VP