Wall St. falls as trade anxieties spike

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Wall Street ended lower on Friday as continuing trade tensions pulled industrial and tech shares down, and the Dow capped a fourth straight week of losses in its longest weekly losing streak in three years.

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NEW YORK (Reuters) – Wall Street ended lower on Friday as continuing trade tensions pulled industrial and tech shares down, and the Dow capped a fourth straight week of losses in its longest weekly losing streak in three years.

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan McDermid/File Photo

Declining issues outnumbered advancing ones on the NYSE by a 2.96-to-1 ratio; on Nasdaq, a 2.52-to-1 ratio favored decliners.

The S&P 500 posted 33 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 55 new highs and 101 new lows.

Volume on U.S. exchanges was 6.71 billion shares, compared to the 6.98 billion average over the last 20 trading days.

Reporting by Stephen Culp; Editing by Susan Thomas


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Wall Street ended lower on Friday as continuing trade tensions pulled industrial and tech shares down, and the Dow capped a fourth straight week of losses in its longest weekly losing streak in three years.

Source: {authorlink}

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