Reuters Insider - Dow snaps five-day winning streak

Universal

20/07/2018 09:38

Click the following link to watch video: https://share.insider.thomsonreuters.com/link?entryId=0_q9ie75ku&referenceId=tag:reuters.com,2018:newsml_OV8PEZQTN_930&pageId=ReutersNews
Source: Reuters Insider

Description: Wall Street fell on Thursday amid weak earnings reports,
intensifying trade jitters, and Trump's comment about interest rates. Fred
Katayama reports.
Short Link: https://reut.rs/2zPKpya

Video Transcript:

Weak earnings reports and intensifying trade jitters drove Wall Street lower
on Thursday. The Dow snapped its five-day winning streak. Also raising
investor concerns – President Donald Trump told CNBC he was unhappy about
the Federal Reserve's decision to hike interest rates. Benchmark Capital CEO
Kevin Kelly.

And so you're starting to see a lot of headline risks come into the markets
with the Fed. They just concluded their two-day hearing. You also have, the
President came midday. He was talking about interest rates, which certainly
will be impacting companies going forward