US stocks close mixed as trade uncertainties continue

Thursday, 19. September 2019 22:00

Equities on Wall Street finished the Thursday's trading session mixed as investors remained focused on trade. An adviser to United States President Donald Trump claimed the White House was ready to escalate the trade war if an agreement is not reached soon. Media reported the Brussels may resort to using old World Trade Organization rulings against the US if Washington imposes tariffs on European Union's goods. Airbnb Inc. announced it was planning to go public in 2020, while Microsoft Inc.'s shares reached a new all-time high. On data, the National Association of Realtors reported existing home sales rose 1.3% in August.

The Dow Jones Industrial Average was down 0.19% after the closing bell as the Walt Disney Co. fell 2.56%. The Nasdaq 100 rose 0.17% with Alexion Pharmaceuticals Inc. jumped 2.61%. The S&P 500 was flat as Cigna Corp. gained 2.66% and CBS Corp. dropped 2.33%.

The euro increased 0.13% against the dollar at 3:59 pm ET to $1.10441. At the same time, the pound was 0.51% higher against the greenback, changing hands for $1.25239.

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Author:
Breaking the News / MD