Stock market live updates: Futures slide, Trump China news conference looms

Business

View of New York Stock Exchange, Wall Street on March 23, 2020 in New York City.

Angela Weiss | AFP | Getty Images

This is a live blog. Please check back for updates.

7:23 am: Stock futures fall as Trump news conference looms

Stock futures fell slightly on Friday morning as traders awaited a news conference from President Donald Trump regarding China. Dow Jones Industrial Average futures dipped 70 points, or 0.3%. S&P 500 and Nasdaq 100 futures both fell 0.1%. Trump announced he would hold the news conference late during Thursday’s session, sending equity prices lower for the day. The news conference comes after China approved a controversial national security bill earlier this week.Despite the decline in futures, Wall Street was headed for solid weekly gains. The Dow and S&P 500 are both up 3.8% and 2.5%, respectively, for the week while the Nasdaq Composite has gained 0.5%. —Imbert

Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.

Products You May Like

Articles You May Like

Seraphim picks nine startups for latest space accelerator program
8 Scents That Attract Women – Find a Signature Smell In 2024
Apple Said to Be Nearing Deal With OpenAI to Put ChatGPT on iPhone
McDonald’s working on $5 value meal
Eurovision ratings plunge amidst a number of controversies and boycott calls