US STOCKS SNAPSHOT-Wall St pares losses after Trump decides to delay auto tariffs

US STOCKS SNAPSHOT-Wall St pares losses after Trump decides to delay auto tariffs
Image Credit: Pixabay
  • Country:
  • United States

U.S. stocks pared losses on Wednesday after U.S. President Donald Trump decided to delay tariffs on auto imports by up to six months. The sentiment was earlier hurt by a clutch of weak economic data from the United States and China that sparked worries of slowing global growth.

At 10:21 a.m. ET the Dow Jones Industrial Average was down 68.16 points, or 0.27%, at 25,463.89, the S&P 500 was down 2.12 points, or 0.07%, at 2,832.29 and the Nasdaq Composite was up 18.00 points, or 0.23%, at 7,752.50. When markets opened, the Dow fell 131.92 points, or 0.52%, to 25,400.13. The S&P 500 was lower by 14.03 points, or 0.49%, at 2,820.38 and the Nasdaq dropped 51.69 points, or 0.67%, to 7,682.80.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.