Dow jones live Rate – Dowjones Falls 200 points on record retails sales data & US- china Trade war.
US Stocks Dipped because of US retails Sales data.
Relations Between US-China Tense are escalating in near terms.
Consumer Spending On retails is on Record High ,nearly doubled the previous Month report.
The Trump admistrator on Friday told they will Block Semiconductor shipments to HUWEI Technologies.
China also replied to that they will also restrict or investigate US Tech Firms if such Policy Impemented.
Equities were already on the decline before the consumer-spending release.
Dow jones live Rate–
Dowjones Trading at 23533 (-60 points).
Nasdaq Trading at 9028 (-65 points).
S&P 500 Trading at 2844 (-4 points).
Semiconductor stocks including Qualcomm and AMD slid more than 2% on US China tense news.
WTI Crude oil Climbed nearly 5% ,Current Price is 28.70$, brent Crude roses to 1.30% TRADING AT 31.50$.
Production cuts and Demand is creeping in the struggling markets.
This Week was totally Negative, down by Various Data where negative impact on the Market.
Comex Gold Climbs above 1750$ due to US Retail Sales DATA.
Friday’s losses follow a 377-point gain for the Dow on Thursday. Surging bank stocks pulled indexes higher, overshadowing bleak labor market data. Weekly jobless claims reached 3 million last week, bringing the metric’s eight-week total to more than 36 million.
Though the latest update notched the sixth-straight decline for weekly claims, it still dwarfs average readings.
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