Dow Reverses Gains in the Final Moments of Trade as China’s Trade Surplus Plummets 57%

By CCN: The Dow and broader U.S. stock market finished mixed-to-lower on Wednesday after dismal Chinese export data shined the spotlight on a sluggish global economy, prompting investors to reconsider their holdings of risk-on assets. Dow Flat-Lines; S&P 500 Falls All of Wall Street’s benchmark indexes were reporting gains through the late afternoon before pivoting lower in the final moments of trade. After climbing more than 150 points, the Dow Jones Industrial Average gave back all of its gains to finish flat at 25,967.33. The blue-chip index opened lower on Wednesday, reflecting tepid pre-market conditions for Dow futures. The broad

The post Dow Reverses Gains in the Final Moments of Trade 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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