Dow Ends Bloodshed as China’s Trade Surplus Plummets 57%

By CCN: The Dow and broader U.S. stock market stabilized on Wednesday after dismal Chinese export data shined the spotlight on a sluggish global economy, prompting investors to snatch up domestic companies following a sharp two-day selloff. Dow, S&P 500 Stabilize After Two-Day Decline All of Wall Street’s benchmark indexes reported gains on Wednesday, stemming a brutal two-day drop in the first half the week. The Dow Jones Industrial Average climbed 113 points, or 0.4%, to reach 26,078.80. The blue-chip index opened lower on Wednesday, reflecting tepid pre-market conditions for Dow futures. The broad S&P 500 Index of large-cap stocks

The post Dow Ends Bloodshed as China’s Trade Surplus Plummets 57% appeared first on CCN

Source: https://www.ccn.com/dow-ends-bloodshed-as-chinas-trade-surplus-plummets-57

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