- US stock markets pare losses after Trump announces up to 6 months delay in auto tariffs
- Earlier weak economic data from both China and the US ignited fears of economic slowdown
- Dow Jones 0.27% down, S&P 500 0.07% lower, Nasdaq Composite Index 0.23% up
United States stock exchanges pared losses today after Donald Trump postponed tariffs on auto imports by as much as six months. A number of weak economic reports from both the US and China earlier ignited renewed concerns over slowing international growth.
Just after 4 pm ET the Dow Jones Industrial Average was trading 0.27% or 68.16 points lower at 25 463.89. The S&P 500 was 0.07% or 2.12 points lower at 2 832.29. The Nasdaq Composite, however, bucked the trend and was trading 0.23% or 18 points higher at 7 752.50.