On Friday, major stocks went down as investors keep worrying about the ongoing trade negotiations between the United States and China.
The Dow Jones Industrial Average dropped 63.20 points to end the session with 25,106.3 as continued to notch its 3-day losing streak. The Nasdaq Composite and S&P 500 both gained a bit by 0.1 percent to close the trading session at 7,298.20 and 2,707.88, respectively.
The S&P 500 and Nasdaq Composite both had lost about 0.9 percent at their lowest in the day while the Dow futures had fallen 286.49 points. It came into effect after the Wall Street Journal reported that both countries have not drafted any document as of now about they disagree or agree upon.
On the other hand, President Donald Trump made the statement that he will not have a meeting with the Chinese President Xi Jumping before the March deadline.
Meanwhile, major stocks in Asia also fell concerning the same trade conflicts. Over in China, the Hang Seng index of Hong Kong declined 0.18 percent and Tencent slipped 0.52 percent in the afternoon trade.
The Nikkei 225 of Japan fell 2.01 percent to 20,333.17 while the Fast Retailing declined 0.5 percent. The Topic dropped 1.89 percent to arrive at 1,539.40. Meanwhile, Sony shares gained 4.1 percent after the company released its buyback-share of $910 million for the first time.
In South Korea, the Kospi slipped at 2,177.05 after losing 1.2 percent. The ASX 200 of Australia fell 0.34 percent to end with 6,071.5. Also, the energy subindex dropped 2.63 percent after a drop in oil prices. Beach Energy slipped 9.67 percent, Woodside Petroleum fell 1.67 percent, and Santos shares slipped 4.37 percent. Brent crude futures dipped 0.8 percent to $61.14 a barrel and the U.S. crude futures slipped 0.85 percent to $52.19 a barrel.