US markets end mixed as trade remains in focus

Friday, 30. August 2019 22:00

Stocks on Wall Street finished the day mixed on Friday as investors remained focused on trade and global economic growth. Earlier in the day, United States President Donald Trump criticized the Federal Reserve, saying its policies were influencing the international competitiveness of US manufacturers negatively. After the remarks, the dollar hit new highs against the euro.

The next trading day in the US will be Tuesday, September 3 as both the New York Stock Exchange and Nasdaq will be closed for Labor Day.

The Dow Jones Industrial Average ended the 0.11% in the green. The Nasdaq 100 was 0.15% in the red as Beauty salon firm Ulta Beauty plummeted 29.55% after it cut its sales forecast. The S&P 500 was flat and rose 0.03%.

Throughout the month of August the Dow, Nasdaq 100 and S&P 500 fell 2.92%, 3.29% and 2.88%, respectively.

The euro fell 0.59% against the dollar to 1.09914 at 4:04 pm ET.

Related Links: 
Author:
Breaking the News / VP