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Tuesday's market wrap

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Tuesday's market wrap

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Arirang News

1 Views • May 09, 2018

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And now to the markets,...
Stocks finished mixed on Tuesday,... as markets digested President Trump's decision to yank the U.S. out of the Iran nuclear deal,... and renewing sanctions on that oil-rich nation.
The Dow Jones edged up 3-points,... or less than one-tenth-of-a-percent to 24,360,... while the S&P 500 was down a little at 2,671-point-9.
The Nasdaq also added less than zero-point-1 percent to finish 7,266.
Global oil prices retreated from their three-and-a-half year peaks on Tuesday,... as markets were clearly focused on Trump's decision,... the U.S. benchmark West Texas Intermediate was down nearly two-and-a-half percent, settling at around 69-dollars a barrel.
Shares in Korea,.. finished in the negative territory,... as local institutions upped their net selling of equities.
The benchmark KOSPI lost a little less than half-a-percent at 2,449,... while the junior bourse KOSDAQ lost more than 3-percent at 827-point-2.