Stocks Ended Lower amid Ongoing Trade Concerns
-- Tuesday, June 11, 2019, 16:37 --
U.S stocks ended lower on Tuesday, as investors turned attention back to global trade worries. The Dow Jones Industrial Average fell 14.17 points, or 0.05%, to 26,048.51. The S&P 500 inched down 1.01 points, or 0.03%, to 2,885.72. The Nasdaq Composite was off 0.60 point, or 0.01%, to 7,822.57.
Oil prices made only modest moves on Tuesday, as traders weighed uncertainty surrounding a supply decision by OPEC. West Texas Intermediate crude for July delivery rose by one cent, or 0.02%, to settle at $53.27 a barrel, while August Brent crude settled unchanged at $62.29 a barrel.
Tensions between the U.S. and China have continued to tighten. President Donald Trump threatened once again to raise tariffs on Chinese goods if President Xi Jinping does not meet him at the G20 Summit in Japan, he said during an interview with CNBC.