Stocks reversed early losses to post a mixed finish Friday, capping a strong weekly and monthly performance, after President Donald Trump announced a series of measures aimed at punishing China over its treatment of Hong Kong but refrained from undermining the phase one trade deal reached earlier this year. The Dow Jones Industrial Average DJIA, -0.
06%, which traded more than 300 points lower as Trump began his announcement, ended the day with a loss of around 18 points, or 0.1%, near 25,383, according to preliminary figures, while the S&P 500 SPX, +0.48% rose around 15 points, or 0.5%, to close near 3,044. The Nasdaq Composite COMP, +1.29% jumped 121 points, or 1.3%, to finish near 9,490. The Dow logged a weekly gain of 3.8% and rose 4.3% for May, while the S&P 500 saw a 3% weekly rise and a 4.5% monthly advance.
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US stocks erase gains, close negative after Trump announces Friday press conference on China | Markets InsiderUS stocks erased earlier gains and closed negative on Thursday after President Donald Trump announced he will hold a press conference on Friday ...
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