Breaking News

Dow's brief pivot into positive territory supported by McDonald's, P&G stocks

The Dow Jones Industrial Average was making an attempt to show upper and prolong a multiday string of victories to a 3rd day on Friday, with gains in shares of McDonald's Corp. MCD, +Zero.60% and Procter & Gamble Co. PG, +1.69% lifting the the blue-chip benchmark. The Dow was trading near break-even territory in late-morning action, up less than Zero.1% at 25,250, but the ranges represented a paring of a gap slump of more than 75 issues at session lows, according to FactSet data. The S&P 500 index SPX, +Zero.10% additionally was trimming its earlier decline to business flat at 2,769, as was the Nasdaq Composite Index COMP, -Zero.02% at 7,625, most just lately. Tensions round global business, amid a gathering of seven prominent developed economies, together with the U.S. and those in Europe, known as the G-7, was sparking unease within the early session, as investors express anxieties about President Donald Trump's protectionist insurance policies and the potential impact of tariff clashes at the domestic and global economies.

Read the entire tale: Stock markets pare losses as G-7 leaders feud over business