S&P 500

Today's data summary

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As of 02:45 20 Jun 2018

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US stocks finish down

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US stocks fell on Tuesday and the Dow Jones Industrial Average turned negative for the year as a sharp escalation in US-China trade dispute rattled the markets.

The Dow Jones Industrial Average was down 287.26 points or 1.15% at 24,700.21.

The S&P 500 ended the day at 2,761.00, a fall of 12.75 points or 0.46%.

And the Nasdaq finished at 7,725.58, a fall of 21.44 points or 0.28%.

Wall Street falls as trade tensions rise

Wall Street traders
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US stock have tumbled at the open after rising trade tensions between the US and China, The Dow Jones fell 1.3% to 24,671 points, the S&P 500 fell 0.2% to 2,774 points, and the Nasdaq fell 1% to 7,670.

US markets open lower

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We're off and running on Wall Street for the week and US stocks have joined in a global sell-off that appears to have been triggered by worries over the potential trade war between the US and China.

After a few minutes of trade the Dow Jones Industrial Average has fallen 248.37 points, almost 1%, to 24,842.11.

The S&P 500 has slid 18.55 points, or 0.7%, to 2,761.11, while the Nasdaq Composite is down 65.00 points, or 0.8%, at 7,681.38.

Wall Street falls

US markets have ended the week lower, with the Dow 0.34% lower at 25,090 points, while the S&P 500 shed 0.15% to 2,778 points and the Nasdaq gave up 0.19% to 7,746 points as investors feared the impact of a potential trade war between the US and China.

S&P 500 and Nasdaq edge higher at the close

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The S&P 500 and Nasdaq clsoed higher after the European Central Bank said it would not raise interest rates until mid-2019, a day after the US Federal Reserve increased its key rate and hinted at two more hikes by the end of 2018.

The ECB decided to end its bond-purchase programme at the close of the year and said rates would stay unchanged until the summer of 2019.

The Dow Jones Industrial Average fell 24 points to 25,177, the S&P 500 gained 8 points, rising to to 2,783, and the Nasdaq Composite added 64 points, climbing to 7,761.

Wall Street closes down

Bull and little girl statues in Wall Street
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Wall Street shares closed down after policymakers at the Federal Reserve announcing a 0.25% interest rate rise, as well as the promise of two more hikes in 2018.

The Dow Jones Industrial Average closed 118 points down to 25,203.

The S&P 500 ended 6 points down to 2,780.

And finally, the tech-heavy Nasdaq - which opened today on a record high - closed 8 points lower at 7,696.

To raise, or lower interest rates?

Kim Gittleson

New York business correspondent

Wall Street traders
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This is what counts as high drama in the world of central banking.

The Federal Reserve's policy makers surprised markets when they issued projections indicating that a majority favoured accelerating the pace of planned interest rate increases.

This suggests that America's central bankers feel that the biggest threat facing the US economy is inflation - not the potential for a trade war to dent growth.

But higher interest rates make it more expensive for consumers and businesses to borrow - potentially hurting those who have gotten used to cheap money.

US markets immediately fell following the announcement.

The Dow Jones Industrial Average is now flat, down 16.3 points or 0.06% to 25,304.46.

The S&P 500 is also flat - up 0.03% to 2,787.61.

And finally, the tech-heavy Nasdaq is up 22 points or 0.3% to 7,725.92.

Wall Street closes higher

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US stocks closed marginally higher as investors eyed the looming United States-North Korea summit in Singapore.

The Dow Jones Industrial Average rose just 5.78 points, or 0.02%, to 25,322.31, while the S&P 500 gained 2.97 points, or 0.11%, to 2,782.

The Nasdaq Composite added 14.41 points, or 0.19%, to 7,659.93.

Tesla shares soar on Model 3 news

Tesla Model 3 car

Tesla shares are soaring after Elon Musk revealed at a shareholder meeting that the electric car company is getting close to meeting its weekly Model 3 production goal of 5,000 automobiles.

Mr Musk said that the car maker is now making 500 Model 3 sedans a day, and should reach its goal by the end of June.

Tesla shares rose 26.3 points or 9% to $317.49 on the news.

Tesla is still top of the tech-heavy Nasdaq index, which is up 38.3 points or 0.5% to 7,676.63.

Meanwhile the Dow Jones has risen 1.2% to 25,087.88, and the S&P 500 has climbed 0.7% to 2,767.93.

Wall Street marching ahead

A Volkswagen Golf car
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Wall Street shares are marching ahead, as finance and technology stocks lifted indexes.

The Dow Jones Industrial Average is now 228.5 points or 0.9% higher to 25,028.49, led by Boeing, rising 2.% to $369.86 on the news that it is signing an agreement with Vistara to provide the airline with six 787 Dreamliner jets.

The S&P 500 is 12.3 points or 0.5% up to 2,761.16. Top of the winners is the pay-TV cmpany Dish Network, climbing 6.7% to $31.39 after its co-founder bought 100,000 shares.

And finally, the tech-heavy Nasdaq is 16.6 points or 0.2% ahead to 7,654.42, led by electric car company Tesla, up 7.3% to $312.43 after announcing that it will launch a competitor to the Golf, one of Volkswagen's most successful models (pictured).