Major US equity indices witnessed a mixed opening on Friday as traders reacted to the US President Donald Trump’s latest comments on trade disputes. Investors turned cautious after Trump, in an interview with CNBC, said that he was ready to impose tariffs on all $505 billion of Chinese goods imported to the US if China does not back down on its trade policies. The comments pointed to worsening US-China trade relations and resurfaced global trade war fears, holding investors from placing aggressive bullish bets. However, positive quarterly results from General Electric and Microsoft prevented any significant downside, at least for the time being. Investors focus will remain glued to the earnings season, which will play an important role in setting the near-term tone for the markets. At the time of writing this report, the Dow Jones Industrial Average was down by around 20-points to 25,053, while the broader S&P 500 Index held near yesterday’s closing level. Meanwhile, tech-heavy Nasdaq Composite Index outperformed the broader markets and climbed nearly 25-points to 7,850. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD Technical Analysis: King Dollar gets pounded as GBP/USD runs up to 1.3100 figure FX Street 5 years Major US equity indices witnessed a mixed opening on Friday as traders reacted to the US President Donald Trump's latest comments on trade disputes. Investors turned cautious after Trump, in an interview with CNBC, said that he was ready to impose tariffs on all $505 billion of Chinese goods imported to the US if China does not back down on its trade policies. The comments pointed to worsening US-China trade relations and resurfaced global trade war fears, holding investors from placing aggressive bullish bets. However, positive quarterly results from General Electric and Microsoft prevented any significant downside, at least… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
