U.S. stocks dip as whistleblower report adds to investor caution
  • 5 years ago
Wall Street slipped on Thursday as the release of a whistleblower report tied to the Democrats' impeachment move against President Donald Trump kept uncertainty high, while trade comments from China’s top diplomat helped to limit losses.
At closing bell, the Dow Jones Industrial Average fell point-3 percent to 26-thousand-891, the S&P 500 lost two-tenths of a percent and the Nasdaq Composite dropped six-tenths of a percent.
On the Korean bourse, stocks closed slightly higher on Thursday amid hopes for trade talks between the United States and China.
The benchmark KOSPI inched up point-oh-five percent to close at 20-74 while the tech-heavy KOSDAQ edged up point-3 percent.
U.S. oil prices trimmed their losses on Thursday and global benchmark prices finished higher... as the Pentagon announced that it would deploy equipment and personnel in support of Saudi Arabia following attacks on its oil facilities earlier this month.
The West Texas Intermediate was nearly flat and the Brent crue was up point-4 percent trading at 62-dollars and 65 cents a barrel.
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