Wall Street ended the week's first negative session with technology stocks leading losses
NEW YORK (Reuters) - US stocks ended the first trading session of the week on red in red as technology shares led losses on Wall Street on Monday amid a lack of economic data earlier this week by the US economy and with the launch of the business season disclosure season for major banks and companies Which is the nerve center of the world's largest economy.
Citigroup's results showed a drop in non-forecast earnings, boosting investors' concerns about the slow pace of global economic growth, especially after China's trade balance data showed the world's second-largest economy, pointing to a drop in imports and exports last month, To the US federal government for the fourth consecutive week.
US President Donald Trump said earlier today that China wanted to continue trade negotiations, adding that his administration was confident of a trade agreement in favor of the United States with China, adding that his administration rejected the proposal of Senator Graham to end the government closure temporarily, Has never worked for Russia and that these allegations are only tricky.
Treasury Secretary Stephen Minochen said last Friday that the Chinese vice premier was expected to complete US-China trade talks in Washington by the end of this month, noting that the upcoming talks in his country would take into account the extension of the special timetable With tariffs.
China's trade ministry said Beijing and Washington agreed to continue last week's trade talks between the world's biggest economies and that trade talks in Beijing were detailed and accurate on some outstanding issues. G20 later this week.
The Dow Jones Industrial Average ended the day down 0.36%, or 86.11 points, to 23,909.84. The Standard & Poor's 500 Index shed 0.53%, or 13.65 points, to close at 2,582.61 points. The NASDAQ Composite Index was down 0.94%. Or 65.56 points to close at 6,905.92 points.
Elsewhere, gold futures for February delivery rose 0.19% to currently trade at $ 1,291.90 compared to the opening at $ 1,289.50 an ounce, with the US dollar index dropping 0.08% to 95.59 compared to the opening at 95.67.
On the other hand, Nymex crude futures for February delivery fell 1.88% to trade at $ 50.62 per barrel compared to the opening at $ 51.59 a barrel. Brent crude for March delivery fell 2.25% At $ 59.12 per barrel compared to the opening price of $ 60.48 a barrel.