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

7 Poetry Collections that Transform the Personal Into Portals
Matthew McConaughey Talks Kate Hudson on How to Lose a Guy in 10 Days
Watch Paris Hilton crash Vampire Weekend’s Coachella 2024 set
Grimes apologises to fans for technical issues during Coachella DJ set
Russo Brothers’ AGBO Hires Chris Brearton as Partner