US stocks end lower on China concerns

Technical Analysis

Author: Greg Michalowski | sp

Late day sell off in the major indices

The US stocks are ending lower on a late day China concern swoon.  The catalyst was a CNBC report that China/US trade deal was "in flux". That did not sit well with investors heading into the weekend. Selling took the indices closer to the session lows.

The final numbers are showing:
  • S&P index fell -16.9 points or -0.59% at 2859.42. The high for the day reach 2885.48. The low extended to 2854.23
  • The NASDAQ index fell -81.76 points or -1.04% at 7816.28. The high for the day reach 7918.71. The low extended to 7810.35
  • The Dow fell -102 points or -0.39% at 25761. The high for the day reached 25948.74. The low extended to 25657.78
For the week, the major indices are ending down for the 2nd week in a row:
  • S&P index, -0.76%
  • NASDAQ index, -1.27%
  • Dow Jones industrial average, -0.69%
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