The S&P 500 Index ($SPX) (SPY) today is up 0.09%, the Dow Jones Industrials Index ($DOWI) (DIA) is up 0.54%, and the Nasdaq-100 Index ($IUXX) (QQQ) is down -0.25%. December E-mini S&P futures (ESZ25) are up 0.06%, and December E-mini Nasdaq futures (NQZ25) are down -0.25%.
Stock indexes retreated early today as the US-China trade conflict escalated further. China sanctioned five US units of South Korean shipbuilder Hanwha Ocean Co., in the latest in a series of tit-for-tat moves. Both countries have slapped special port fees on each other's vessels. The moves have implications for the global economy, as vessels are responsible for moving more than 80% of international trade.
