Dow Pares Triple-Digit Loss Despite Chip Stock Meltdown

By CCN Markets: The Dow and broader U.S. stock market limped into Friday’s close after disappointing financial results from a leading chipmaker highlighted the dangers of a prolonged trade war with China. Dow Pares Losses; Nasdaq Endures Tech Blowback All of Wall Street’s major indexes struggled out of the gate Friday, reflecting a weak pre-market for Dow futures. The Dow Jones Industrial Average was down 118 points before rebounding later in the day. By the end of trading, it was down 17.16 points, or 0.1%, to 26,089.61. The broad S&P 500 Index of large-cap stocks declined 0.2% to 2,886.98. Information

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Dow Pares Triple-Digit Loss Despite Chip Stock Meltdown written by Sam Bourgi @ https://www.ccn.com/market-news/dow-jones-sudden-rally-chip-stock-meltdown/2019/06/14/ June 14, 2019 Sam Bourgi

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