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Benzinga 08/23/2019 12:49
Midway through trading Friday, the Dow traded down 1.73% to 25797.95 while the NASDAQ fell 2.17% to 7818.33. The S&P also fell, dropping 1.8% to 2870.40. Leading and Lagging Sectors. Utilities shares slipped by just 0.3% on Friday. Meanwhile, top gainers in the sector included UGI Corporation (NYSE: ), up 1%, and NextEra Energy, Inc. (NYSE: ), up 0.5%. In trading on Friday, information technology shares fell 2.4%. Top Headline. Foot Locker, Inc. (NYSE: ) reported worse-than-expected second-quarter results. The company reported second-quarter earnings of 66 cents per share, which missed the analyst consensus estimate of 67 cents. Foot Locker reported quarterly sales of $1.774 billion, which missed the analyst consensus estimate of $1.82 billio.
Brownfield Network 08/23/2019 09:07
The trade tensions between the U.S. and China are escalating. Friday morning, China’s Ministry of Commerce announced new tariffs on. $75 billion of imported goods from the U.S. Bloomberg says that includes an additional 5% tariff on U.S. soybeans,. bringing the total tax to 30%, and another 5% on U.S. crude oil, both beginning. September 1st, along with the renewal of the 25% tariff on U.S. cars, starting. December 15th. The move is in response to President Trump’s planned 10% duties on. another $300 billion of imports from China, effectively taxing everything the. U.S.

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