Morning Report 23 May 19: Tech leads Wall St lower - Iron ore at 5 year high

 

US sharemarkets fell on Wednesday. Investors monitored news on the US-China trade dispute. Reuters noted media reports that said "the Trump administration was considering sanctions on video surveillance firm Hikvision, the second major Chinese technology company facing US curbs." After being down 122 points at one stage, the Dow Jones index ended lower by 101 points or 0.4%. The S&P500 index lost 0.3%. And the Nasdaq index fell by 35 points or 0.5%.

 

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