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S&P 500 up in choppy action after Trump comments on China

Byindianadmin

May 30, 2020 #China, #comments
S&P 500 up in choppy action after Trump comments on China

Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. REUTERS/Brendan McDermid

(Reuters) – The S&P 500 was up in late, choppy trading Friday after President Donald Trump made comments on China that appeared less worrisome for the U.S. economy than investors apparently had feared.

Stocks initially extended losses after Trump said China broke its word on ensuring the autonomy of Hong Kong, the former British colony, and said the United States is terminating its relationship with the World Health Organization,

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