Wednesday, June 12, 2019

Dow Sputters as Trade War Butchers Key Stocks Apple & Boeing

By CCN Markets:  The Dow sputtered toward a dreadful showing on Wednesday as the stock market cooled off from a six-day feeding frenzy. Meanwhile, major DJIA components Apple and Boeing remain trapped in the crosshairs of the US-China trade war, presenting the index with significant downside risk should there be any further escalation. Dow Cools Off Following Parabolic Rally All of Wall Street’s major indices traded down on Wednesday. Minutes before the opening bell, Dow Jones Industrial Average futures had lost 39 points or 0.15%, implying a 30.51 drop from Tuesday’s close at 26,048.51. S&P 500 futures also dropped 0.15%

The post Dow Sputters as Trade War Butchers Key Stocks Apple & Boeing appeared first on CCN Markets



from WebHits.io Blog http://blog.webhits.io/dow-sputters-as-trade-war-butchers-key-stocks-apple-boeing/

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