S&P, Dow Open Lower Amid US - China Tension

29.05.2020 19:12

New York Stock Exchange starts last trading day of week mixed.

The New York Stock Exchange (NYSE) on Friday started the last trading day of the week mixed.

At the opening, the Dow Jones index fell more than 140 points and traded at 25,259.41 points, down 0.56%.

The S&P 500 index fell 0.29% to 3,020.80 points, while the Nasdaq started trading at 9,375.65 points, up 0.07%.

Analysts say the markets, in flux due to tensions between the US and China, will be watching US President Donald Trump's press conference about China and developments between the two countries later today.

With details of the press event uncertain, there is concern that it could raise tensions between the two countries and slow down the global economic recovery.

*Written by Aysu Bicer in Ankara -

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