Markets

Wall Street mixed, with Dow back above 25,000

2019-02-09 03:51:06 GMT (Economies.com)

US stock indices shook off earlier losses on Friday, with Dow Jones paring them, while Nasdaq and S&P 500 turned black by the end as concerns over global growth calm down while the energy and tech sectors rebound. 

 

Markets are still anxiously looking to see if the tariff war would properly return between US and China after the truce ends on March 2. 

 

US President Donald Trump asserted he won't meet his Chinese counterpart Xi Jinping before the truce ends, further increasing concerns.  

 

US West Texas rose 0.2% to $52.72 a barrel, marking a weekly loss of 4.6%, with a session-high at $52.9, and a low at $52.08. 

 

Brent rose 0.8% to $62.10 a barrel, marking a 1% weekly loss, with an intraday high at $62.3, and a low at $61.04. 

 

Stock Performance 

 

Dow Jones shed 0.2%, or 63 points to 25,106, with a 0.2% weekly profit. 

 

Nasdaq rose 0.1%, or 9 points to 7,298, with a 0.1% weekly profit. 

 

Standard and Poor's 500 inched up 0.1%, or barely two points to 7,708, with a 0.1% weekly profit. 

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