US stocks open stable, on earnings reports and trade talks

Economies.com
2019-04-17 14:34PM UTC

US stocks opened stable on today's trading, as the first quarter's corporate earnings reports continued to arrive in the market, as well as the market's anticipation for the outcome of the US-China trade negotiations.

 

The markets are counting on US Treasury Secretary Stephen Menuchin's comments that trade negotiations with China are in the final stages and the two countries are close to concluding an agreement.

 

On the other hand, the White House is looking into appointments of potential candidates for the Federal Reserve Board, as the Democratic Party leaders rejected some candidates.

 

Meanwhile during trading, by 14:33 GMT, Dow Jones fell by less than 0.1% (equivalent to 13 points) to reach 26,439 points, NASDAQ rose eight points to 8,008, while Standard & Poor's fell by only half a point To 2,906 points.

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