How major US stock indexes fared Friday

Jermaine Castillo
September 3, 2018

The S&P index recorded 12 new 52-week highs and one new low, while the Nasdaq recorded 53 new highs and 20 new lows.

Ford drops on ending plans to sell Chinese-made vehicle in U.S.

USA stocks skidded late Thursday following a report that the Trump administration could put tariffs on $200 billion in Chinese goods as early as next week.

The Dow Jones Industrial Average closed at 25,964.82 on Friday with a loss of -22.10 points or -0.09%.

Canadian Foreign Minister Chrystia Freeland said, "We're not there yet" and added the country was looking for a good deal, not any deal, while Trump is reported have said that any trade deal with Canada would be "totally on our terms", according to the Toronto Star.

Apple to unveil new iPhones in coming weeks
The new Apple Watch models will include larger screens that cover almost the entire front of the watch. The company has already given base-model iPads and some MacBook laptops an update this year.

The Nasdaq composite climbed 21.17 points, or 0.3 percent, to 8,109.54.

The Russell 2000 is up 6.68 points, or 0.4 percent.

Major US equity indices edged lower during the opening hour of trade on Friday and were being weighed down by renewed US-China trade spat.

Amazon.com's shares continued to inch upward, rising 0.3 percent as investors watch the company close in on its $1 trillion market share milestone.

The Paris CAC 40 closed at 5,406.85 points, down 71.21 points, or 1.30 percent.

Google Pixel 3 Photos, Specs Revealed in New Leak
It's also widely expected that the devices will have the same Qualcomm Snapdragon 845 processors, accompanied by 4GB of RAM. The smartphone is said to come with a 5.5-inch (1080x2160 pixels) display with rounded corners and an 18:9 aspect ratio.

Shares of gun maker American Outdoor Brands were the top percentage gainer on the Nasdaq.

Eight of the index's 11 major sectors were lower, led by the energy sector's 1.4-per-cent drop as oil prices were pressured by trade worries.

The October crude contract was down 13 cents at $70.12 (U.S.) per barrel and the October natural gas contract was up 4.9 cents at $2.92 (U.S.) per mmBTU.

Apple Inc was up 1.1 percent, on track for posting a new high for five straight sessions.

Third hurricane of season in Atlantic predicted by Sunday
In an 2 p.m. update, forecasters said the system had sustained winds of 30 miles per hour traveling west at 12 miles per hour . The system is expected to continue moving west and northwestward and into the Gulf of Mexico during the next several days.

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