Geopolitical Tensions Hinder Market Momentum

Geopolitical Tensions Hinder Market Momentum

Adviser Investments Chief Investment Officer Jim Lowell has the market analysis for Thursday, May 9. Major U.S. indexes made up some of their steeper initial losses, yet the Dow Jones Industrial Average, S&P 500 and NASDAQ Composite still closed the day down 0.5%, 0.3% and 0.4%, respectively. Despite strong economic data, heightened concern over U.S.-China trade negotiations—and potential retaliatory measures from China—continue to hinder near-term market momentum.

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