Wall Street closed mixed on Thursday as investors’ remained anxious about the delay in sealing a U.S. – China trade deal.
Wall Street closed mixed on Thursday as investors’ remained anxious about the delay in sealing a U.S. – China trade deal. Moreover, weak earnings data from the United States and China also dented investors’ confidence. However, stock price movements in either direction were largely marginal. The Dow managed to end in the green while both S&P 500 and Nasdaq Composite finished in the red. The Dow Jones Industrial Average (DJI) closed at 25,709.94, gaining 7.05 points. However, the S&P 500 Index (INX) decreased 0.1% to close at 2,808.48. The Nasdaq Composite Index (IXIC) closed at 7,630.91, shedding 0.2%. A total of 6.69 billion shares were traded on Thursday, lower than the last 20-session average of 7.37 billion shares. Decliners outnumbered advancers on the NYSE by 1.24-to-1 ratio. On the Nasdaq, decliners had an edge over advancers by 1.33-to-1 ratio. The CBOE VIX increased 0.7% to close at 13.50.