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The leading index of EE. USA Dow Jones is lower in trading on Friday.
The Dow Jones opened the day lower and further expanded losses significantly. Finally, it was 2.53 percent weaker with 23,728.63 units at the weekend. On Wednesday, the index had reached its highest level in seven weeks. The day before, profit taking had begun.
Quarterly figures for some heavyweights such as Amazon, Chevron, and ExxonMobil were not well received by investors. In addition, stock sellers feared that tensions between the US. USA And China exploded again due to the corona virus.
Traders referred to the recently tightened rhetoric of the US President. USA To justify price losses Donald trump to China due to the coronavirus crisis. This has raised concerns about a new boiling point of the customs dispute. For example, the Bloomberg news agency, citing a person familiar with the matter, reported that Trump was considering banning a government pension fund from investing in Chinese stocks.
“The mood of the stocks has returned to normal,” wrote analyst David Madden, referring to Trump’s statement. With 30 million unemployed in the United States as a result of the crown crisis, the President of the United States is trying to blame China for the pandemic. A new trade dispute between the two countries can now threaten.
Editorial office finanzen.at / dpa-AFX
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