Wall Street ends mostly higher

2018-09-14 22:04:12 GMT (

US stock indices closed the last session of the week mixed, with Dow Jones and S&P 500 gaining ground while NASDAQ fell, after reports that US President Donald Trump gave the green light to imposing new tariffs on $200 billion worth of Chinese imports. 


US Retail Sales, Industrial Data 


Earlier US data showed retail sales rose 0.1%, slowing down sharply from 0.7% in July, and missing estimates of 0.4%. 


Import prices fell 0.6% m/m, compared to no change in July, while analysts expected a 0.2% drop. 


US industrial production rose 0.4% in August, same as July, and beating estimates of a 0.3% increase. 


The capacity utilization rate rose to 78.1% from 77.9% in July, missing  estimates of 78.3%. 


University of Michigan released its survey on consumer sentiment, showing a surge to 100.8 in September, the best in six months, from 96.2 in August, beating estimates of 96.7. 


US President Donald Trump tweeted yesterday: "we are under no pressure to make a deal with China, they are under pressure to make a deal with us. Our markets are surging, theirs are collapsing. We will soon be taking in Billions in Tariffs & making products at home. If we meet, we meet?", weighing on silver and other metal prices. 


Indices, Commodities 


Dow Jones rose 0.03%, or 8.68 points to 26,154.67, while Standard and Poor's 500 gained 0.03%, or 0.80 points to 2,904.98, as NASDAQ Composite shed 0.05%, or 3.67 points to 8,010.04. 


Gold futures due in December fell 0.76% to $1,199 an ounce, while the dollar index rose 0.46% to 94.95 against a basket of major rivals. 


US crude futures due in October rose 0.55% to $68.97 a barrel, while Brent November futures shed 0.09% to $78.11 a barrel. 

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.