financetom
Market
financetom
/
Market
/
Wall Street loses ground on renewed trade war concerns
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Wall Street loses ground on renewed trade war concerns
May 30, 2025 9:46 AM

US stock indices fell on Friday amid renewed concerns about the trade war following new statements by US President Donald Trump against China.

Trump accused China of violating an agreement suspending reciprocal tariffs with the US, adding that he was too nice with Beijing.

The US trade representative raised even more concerns when talking about potentially expanding tariffs against China if needed.

Earlier US data showed personal consumption rose 2.5% y/y in April, slowing down from 2.6% in March.

On trading, Dow Jones rose 0.1% as of 15:13 GMT to 42,270 points, while SP 500 fell 0.1% to 5904 points, as NASDAQ shed 0.3% to 19,111 points.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved