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Trade Tensions, Robust Jobs Report Leaves Wall Street Mixed

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Major US stock indexes were mixed on Tuesday, amid trade tensions that have dimmed growth expectations. Wall Street weighed ongoing trade tensions against expectations for the Federal Reserve to lower interest rates at the end of July. The market is also expecting a less aggressive rate cut at the end of the month after a surprisingly robust June jobs report out last week. According to Business Insider, Advanced Micro Devices, Inc, Twitter, and Western Digital Stock gained the most on the day. The largest decliners were Garrett Motion, Davita Inc, and L Brands.

Added on the 09/07/2019 16:44:34 - Copyright : Wochit

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