From Mark DeCambre : The Dow Jones Industrial Average on Friday pivoted from a solid loss to a firm gain, erasing a more than 200-point opening drop in late-morning dealings. The Dow DJIA, -0.07% was up 64 points, or 0.3%, at 25,929, after hitting an intraday low of 25,657.78, representing a roughly 205-point decline for the blue-chip gauge. The move coincided with a broad pivot for the other two main U.S. benchmarks, with the S&P 500 index SPX, -0.22% rising 0.3% at 2,883, and the Nasdaq Composite Index COMP, -0.53% advancing 0.2% at 7,914, with both indexes wiping out earlier declines. All week, investors have been wrestling with developments on trade between the U.S. and its international counterparts, with tensions between the U.S. and China particularly elevated.
Share with your friends!