US stocks went down due to US-China trade tension

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The US stock market went down on May 22 due to worries about US-China trade tension escalating
US stocks went down due to US-China trade tension
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The US stock market lost points in the trading session on May 22, as investors worried about the possibility of a new trade war between the US and China. So the price of stocks in this market has gone down three in four recent trading sessions,


In New York, Dow Jones industrial index closed down 0.4% to 25,776.61 points, S&P 500 index also declined 0.4% to 2,856.27 points. The Nasdaq technology index lost 0.5% to 7,750.84 points.


The fact that a US federal judge found America’s top chipmaker Qualcomm violated its antitrust laws is also a factor in the decline in technology stocks.


The US stock market sometimes went up after the latest meeting minutes of the US Federal Reserve (Fed) showed that Fed policymakers will not soon change the monetary policy and interest rates in In the future, although the risk factor for the world’s largest economy has decreased.


However, the psychology of investors’ worries about US trade-China tensions has increased recently and still dominates the stock market.


While on the other side of the Atlantic, European stock markets also fluctuated in unclear situation about Brexit, only the UK left the European Union. Specifically, in London, the FTSE 100 closed the session up 0.1% to 7.7,378.98 points, the DAX 30 index on the Frankfurt trading floor (Germany) increased by 0.2% to 12,168.74 points. While in Paris (France), the CAC 40 index closed down 0.1% to 5,378.98 points. The Euro Stoxx 50 composite index "went sideways" and remained at 3,386.72 points.

In Vietnam market, ending the trading session on May 22, VN - Index reduced 2.51 points to 983.78 points. The trading volume reached nearly 175 million units, equivalent to more than VND 3,941.5 billion. There were 131 gainers, 53 unchanged and 164 losers.

HNX - Index dropped 0.15 points to 106.13 points. The trading volume reached more than 53.4 million units, equivalent to nearly VND 646 billion.

There were 60 gainers, 64 unchanged and 77 losers.

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