US Stock Market LIVE: Dow Jones drops 150 points on gloomy US consumer sentiment

4 hours ago

HomeMarket NewsUS Stock Market LIVE: Dow Jones drops 150 points on gloomy US consumer sentiment

US Stock Market LIVE: Futures on Wall Street have reversed gains ahead of market open on the final trading day of the week. The Dow futures are now down 150 points, having declined as much as 260 points a few minutes earlier. Futures on the S&P 500 and Nasdaq, which were outperforming due to tech shares, have also given up all the gains. Watch this space for all the Live updates.

 Dow Jones drops 150 points on gloomy US consumer sentiment

US Stock Market LIVE: Futures on Wall Street have reversed gains ahead of market open on the final trading day of the week. The Dow futures are now down 150 points, having declined as much as 260 points a few minutes earlier. Futures on the S&P 500 and Nasdaq, which were outperforming due to tech shares, have also given up all the gains. US President Donald Trump said Chinese President Xi Jinping called him over tariffs, news that China continues to deny. Trump also said that he is anticipating trade deals taking place in the next three to four weeks, and that he 'loves' the idea of taxing the wealthy. Gold prices are back lower after seeing some buying on Thursday. Bullion remains at the $3,300 mark. The US Dollar is at 99.6, nearing the mark of 100. European markets are trading with gains after Asia also did well earlier in the day. Watch this space for all the live updates.

Read Full Article at Source