US stocks finish mostly flat on news of trade deal delay

Wednesday, 06. November 2019 22:00

Wall Street finished Wednesday's trading session mostly in the red following reports the signing of the partial trade agreement between the United States and China may be postponed to December. Media asserted American officials were looking into where and when President Donald Trump could sign the deal with his Chinese counterpart Xi Jinping. Fox Corp., Qualcomm Inc., and Baidu Inc. were set to release revenue reports following the market close.

The Dow Jones Industrial Average was flat. Walgreens Boots Alliance Inc. was the worst, and Procter & Gamble Co. was the best performer on the index. The Nasdaq 100 lost 0.17%, with Microchip Technology Inc. losing 4.40%. The S&P 500 increased just 0.07%, as Ball Corp. rose 3.01%.

The euro was flat against the dollar at 3:59 am ET, to change hands for $1.10692. At the same time, the pound traded 0.24% lower against the greenback, selling for $1.28554.

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Author:
Breaking the News / MD