Dow wins a winning week despite fears of a trade war by Investing.com

Investing.com – A last-minute wave that limited the day's losses allowed the Dow to extend its weekly winning streak to seven. For most of the day, the US and China only will not be able to resolve their bitter trade dispute before the expiration of a key deadline that kept the stocks away.

The decline of 0.25%, the increase of 0.07%, while the increase of 0.14%. The Nasdaq also finished the week earlier – barely – for a seventh straight week.

The Wall Street Journal announced Friday that the United States and China were far from an agreement for next round of trade talks in Beijing scheduled for next week.

Without a trade agreement or extension of the deadline of March 1, President Donald Trump has threatened to raise tariffs on China from 10% to 25%, which could aggravate the trade dispute and damage the sense of risk.

The lack of progress in trade comes as investors fear that the trade dispute between the United States and the European Union over the group's business practices in the auto industry is the next step.

On 17 February, the Department of Commerce is expected to issue a comprehensive report on motor vehicle imports, which could include recommending tariffs for European motor vehicles.

Tensions on the trade have also manifested themselves in the energy sector, as oil prices fearing that a trade war between the United States and China will harm the demand of Beijing, the main importer of gross. paid 8 cents to 52.72 dollars a barrel and, the global benchmark, recovered from 47 cents to 62.10 dollars.

Financials also trimmed gains across the market, falling 0.55% as US government bond yields fell for the fourth consecutive day amid concern over global growth.

Technology stocks, however, managed to avoid sales in the broader market, especially thanks to strong gains in Motorola Solutions and Electronic Arts.

Motorola Solutions (NYSE 🙂 surged 13% on better-than-expected fourth quarter results.

Electronic Arts (NASDAQ 🙂 gained 16%, its game "Apex Legends" reaching 10 million players less than 72 hours after its official launch. Apex Legends is considered a challenger of Fortnite, a game whose popularity has hurt the growth of established video game publishers such as EA and Take-Two Interactive (NASDAQ :).

Hasbro (NASDAQ 🙂 fell 0.95%, closing the session low of $ 85.55 after announcing earnings of $ 1.33 billion per share for the fourth quarter. These missed estimates were compiled by Investing.com for a profit of $ 1.68 per share for a business turnover of $ 1.52 billion.

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

Coty (NYSE :), Mattel (NASDAQ 🙂 and Electronic Arts (NASDAQ 🙂 were among the top winners of the S & P 500 for the session.

Goodyear (NASDAQ :), Henry Schein (NASDAQ 🙂 and Hanesbrands (NYSE 🙂 have been among the worst of the session on the S & P 500.