2 Steel Stocks at Fresh Lows

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Traders aren’t doing much with trade uncertainty sapping sentiment

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Midday Market Check
 
 

5/30/2019

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Stocks, Oil Struggle as Trade Stays in Focus

By Josh Selway

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Stocks are hovering near breakeven today in a low-volume session. Trade uncertainty is holding back the Dow Jones Industrial Average (DJI) and its index peers, with news China is halting soybean purchases from the U.S. overshadowing upbeat gross domestic product (GDP) data from this morning. There’s also notable weakness in the energy sector, with the U.S.-China conflict weighing on commodities, as well. July-dated crude futures were last seen down 2% at $57.64 per barrel.

Continue reading for more on today’s market, including: 

>> Continue reading…
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2019-05-30 16:41:08



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