New Deal on Wall Street – Stocks – Stock Exchange and Finance



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How did it happen on Wall Street on Friday:

  • Dow Jones closed down 0.43%
  • The Nasdaq compound is down 1.04%
  • The S & P 500 is down 0.63 percent

Despite quarterly gross figures, Apple's stock price fell sharply on Friday.

The company's shares finished at 6.63% to reach $ 207.48 per piece, according to Google Finance figures.

The stock market value of the company was below the magic limit of $ 1 trillion during the trading day, but recovered a little over a billionth of a billion.

To avoid confusion: in Norwegian, one billion is equivalent to 1000 billion, which in English-speaking countries is called "billion".

Uncertainty over negotiations with China

The decline on Wall Street comes after Larry Kudlow, advisor to US President Donald Trump, commented on a possible trade agreement between the United States and China.

He rejected earlier reports that Trump had asked for a draft agreement with China.

Shortly after, the president himself said that the two countries were much closer to a trade agreement than before, according to CNBC.

For example, Trump may have helped slow the economic downturn, as US indices had fallen sharply in trade earlier this Friday night.

"It's still business-related," says TD Ameritrade marketing director JJ Kinahan at CNBC.

"Most of the exchanges we see are linked to quarterly results or exchanges," he says.

According to the strategy, recent moves show that the market has started to fluctuate more as before.

"I do not think it will slow down," he says.

Scratch of work numbers

Trump also shocked Friday's job numbers, which showed that 250,000 jobs were created in October and the unemployment rate was 3.7%. "Wow!", Wrote Trump via the Twitter messaging service.

"These are incredible numbers, keep going, Republican vote," Trump wrote.

There is an average election in the United States on Tuesday, November 6th.

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