Dow erases gains after jumping over 400pts at open

Markets 10/12/2018, 6:44 PM
Dow erases gains after jumping over 400pts at open

The Dow Jones turned negative during the intraday trade on Wall Street on Friday, erasing earlier gains after the index jumped 400 points at the opening bell in an attempt to rebound from a two-day selloff. Even though the fears of the rising interest rates eased, investors remained cautious.

The Dow Jones Industrial Average index traded 0.12% in the red at 6:49 pm CET. Meanwhile, the S&P 500 and the Nasdaq 100 remained in the positive territory, adding 0.05% and 0.90% at 6:52 pm CET respectively.

The euro lost 0.26% against the US dollar to sell for 1.1563 at 6:53 pm CET.

Breaking the News / VK



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