Stocks – S & P Against Business Concern and Weak Technology by Investing.com

Investing.com – Stocks fell on Friday, with Wall Street worried that the US-China trade talks were a problem.

The decline led the main indices into a small weekly loss, the first after three weeks of gains.

The decline was 0.5% and ended below 3,000, a level that may well become a pivot point for the market.

The drop was 0.6%, nearly 160 points and close to its low point of the day. The decline of 0.8%, and the index was close to 1%.

Amazon.com (NASDAQ :), Apple (NASDAQ :), Microsoft (NASDAQ 🙂 and Netflix (NASDAQ 🙂 combined to contribute 42 points to the decline of Nasdaq 100.

In addition, the market was experiencing volatility from a four-hour time point: a rare simultaneous settlement of futures and options on individual stocks and stock indices.

Commercial sadness was the main reason for the market's collapse and began with a report that a Chinese agricultural delegation decided not to visit farms in Nebraska and Montana and instead headed for home. The concern was that the cancellations were a sign that trade negotiations between the United States and China were not going well.

President Donald Trump said during the day that it would take more than buying agricultural products to settle the trade dispute, but there was no official explanation of departures.

Nervousness hits technology values ​​hard.

Flea shares were also down, including Xilinx (NASDAQ :), Nvidia (NASDAQ :), Broadcom (NASDAQ 🙂 and Qualcomm (NASDAQ :). Intel (NASDAQ 🙂 was the weakest Dow stock.

In addition, the shares of the streaming company Roku (NASDAQ 🙂 fell 19% after an analyst published a sales note and a $ 60 price target for the stock.

Health care stocks were on the rise after Senate Majority Leader Mitch McConnell said on arrival that Speaker of the House of Representatives Nancy Pelosi had proposed the price of drugs.

Merck (NYSE 🙂 was Dow's best-selling title that day. Johnson & Johnson (NYSE 🙂 was third.

Interest rates fell even when two Federal Reserve officials asked whether interest rates should be further reduced. Boston Fed President Eric Rosengren is worried about inflating his hard assets like real estate. James Bullard of the St. Louis Fed is more worried about the economic downturn. The yield fell to 1.722% against 1.774% Thursday.

was higher for most of the day, but fell back to close, although it ended the week up more than 6%. and the dollar has gone up.