Dow Ends Flat While China's Warning Strikes Feeling By Investing.com

Investing.com – Stocks ended the day as a warning sign that Beijing was ready to react in kind to any increase in the US tariff, which limited purchasing capacity.

Values ​​increased slightly by 0.01%, losses by 0.16% and losses by 0.26%.

The Chinese Ministry of Commerce said it would take "necessary retaliatory measures" if the United States planned to raise tariffs on Friday, raising doubts about President Donald Trump's message that The Chinese trade team was planning to reach an agreement during this week's negotiations.

Trump tweeted that the Chinese negotiators "just informed" the White House that they "came to the United States to make a deal" on the trade.

Analysts said the trade rhetoric was going to intensify as the final stages of the negotiations approached, but that in the end, the cool head would prevail and that an agreement would be concluded.

"We believe that an agreement will be reached soon, even if rhetoric is further strengthened over the next few days and that the US temporarily raises rates," said the Pantheon Macroeconomics in a note.

Trade-sensitive stocks like Boeing (NYSE 🙂 and caterpillar (NYSE 🙂 ended the day in a mixed way, suggesting that market players are not yet convinced that an escalation of trade tensions between the US and China will be avoided.

Energy stocks closed at about the same level as oil prices in the US stabilized on the upside due to an unexpected contraction in domestic supply.

The fall in technology stocks also limited earnings, as shares of chips continued to dissolve after Intel (NASDAQ 🙂 said expect business growth to be at a figure at 3% over the next three years. His shares fell 2.5%.

Discretionary consumers were victims of a quick sale on Amazon moments before the close of reports reported by cyber criminals who had hacked and siphoned funds from vendor accounts on the ecommerce platform over the past six months of last year. Amazon.com (NASDAQ 🙂 closed the day down 0.17%.

Consumer Staples, meanwhile, have been under pressure from a slump in Coty (NYSE 🙂 after the beauty company reported a missing but exceeding Investing.com consensus on the result. net.

Main winners and losers of the S & P 500 today:

Diamondback Energy (Nasdaq :), Fleetcor Technologies (NYSE 🙂 and McKesson (NYSE 🙂 were among the top winners of the S & P 500 for the session.

TripAdvisor (NASDAQ :), DaVita HealthCare (NYSE 🙂 and Marathon Petroleum (NYSE 🙂 were among the worst in the S & P 500 session.