- Title: Wall St near flat amid economic optimism, FedEx swoon
- Date: 18th December 2019
- Summary: NEW YORK, NEW YORK, UNITED STATES (DECEMBER 18, 2019) (REUTERS) (SOUNDBITE) (English) SUMMIT PLACE FINANCIAL ADVISORS, PRESIDENT, LIZ MILLER, SAYING: "I think the main thing is really we're just going into year end. You know I think we spent the last six weeks moving higher, but that move has all been in anticipation of the truths that have come. We've gotten the USMCA trade deal. We're getting China light and those have all been promised. So the market was responding for quite a while to those promises. And now that we have the reality, it's not trading down on the news, but there isn't as much to drive us into year end."
- Embargoed: 1st January 2020 21:11
- Keywords: Dow Jones Industrial Average FedEx Liz Miller Nasdaq Composite President Donald Trump S&P 500 U.S. stocks U.S.-China trade equities stock market tariffs trading
- Location: NEW YORK, NEW YORK, UNITED STATES
- City: NEW YORK, NEW YORK, UNITED STATES
- Country: USA
- Topics: Economic Events,Equities Markets
- Reuters ID: LVA002BAI86FH
- Aspect Ratio: 16:9
- Story Text: The S&P 500 was little changed on Wednesday (December 18), hovering around all-time highs, as investors' optimism about global economic growth was countered by a steep drop in FedEx shares.
The Dow Jones Industrial Average fell 27.88 points, or 0.10%, to 28,239.28, the S&P 500 lost 1.23 points, or 0.04%, to 3,191.29 and the Nasdaq Composite added 4.38 points, or 0.05%, to 8,827.74.
(Production: Aleksandra Michalska & Fred Katayama) - Copyright Holder: REUTERS
- Copyright Notice: (c) Copyright Thomson Reuters 2019. Open For Restrictions - http://about.reuters.com/fulllegal.asp
- Usage Terms/Restrictions: None
