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Barchart

Rich Asplund

Trade War Risks Weigh on Stocks

Nasdaq SP Donald Trump United States the Dow Jones Industrials OPEC US Federal Reserve

The S&P 500 Index ($SPX) (SPY) today is down -0.37%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.47%. June E-mini S&P futures (ESM25) are down -0.36%, and June E-mini Nasdaq futures (NQM25) are down -0.46%.

Stock indexes today are trading lower, weighed down by US trade uncertainty. President Trump said on Sunday that he had no plans to speak to Chinese President Xi Jinping, although Mr. Trump said there could be trade deals with some US trading partners as soon as this week. Stock indexes recovered from their worst levels today after the US Apr ISM services index unexpectedly increased, which was a sign of strength in the economy.

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