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Dow Jones Index fell 0.03 percent to 25,058 points, while the S & P 500 lost 0.09 percent to 2,802 points
Stephen Culp, Reuters [19659004] access_time
July 20, 2018, 18h21
The Dow Jones industrial average fell 0.03% to 25,058 points, while the S & P 500 lost 0.09% to 2.802 points, the Nasdaq index fell 0.07% to 7.820 points
The Dow Jones and the S & P 500 record the third consecutive weekly maximum. [19659009] Microsoft shares peaked at unprecedented highs and closed the session at 1.8% because of strong second quarter results.
The Microsoft made a major push to the S & P 500 and Nasdaq
Trump said he was ready to impose $ 500 billion worth of duties on Chinese imports, the latest in a series of protectionist measures that triggered retaliation by US trading partners around the world
. on Wall Street, "said Robert Pavlik, chief investment strategist at SlateStone Wealth LLC. "One side believes that [le conflit commercial] will only lead to a global recession, while the other thinks that the president is trying to get the other party to negotiate."
Trump also reiterated his criticism of the Federal Reserve's high interest rates, the US central bank, writing in a Twitter post that a more restrictive monetary policy could reduce any US trade advantage.
As the second quarter earnings season picks up, analysts make projections become optimistic. Companies in the S & P 500 grew 22 percent in the quarter, up from 20.7 percent on July 1, according to Thomson Reuters.
To date, 87 companies in the S & P 500 have reported results, 83.9% of which exceeded consensus estimates
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