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US stocks look to bounce back following Trump impeachment concerns



U.S.

The three major equity futures indexes are trading 0.2 percent higher.

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Trump is throwing more into a market that is already nervous about US Chinese trade tension.

While many analysts say the Trump sample is not likely to affect White House's efforts to resolve trade disputes with China and other nations.

So Thursday, the Commerce Department reported the US economy grew at a modest 2 percent in the second quarter, sharply lower than the past year's 3 percent-plus growth rates.

Ticker Security Last Change % Chg
I : DJI DOW JONES AVERAGES 26891
.12
-79.59 -0.30%
SP500 S & P 500 2977.62 -7.25 -0.24%
I: COMP NASDAQ COMPOSITE INDEX 8030.660825 -46.72 -0.58%

On Wall Street, the Standard & Poor's 500 index fell 0.2 percent and the Dow Jones Industrial Average slid 0.3 percent. The Nasdaq drops 0.6 percent.

In Asian markets, China's Shanghai Composite Index ended the day adding 0.1 percent, but lost 2.5 percent for the week. It's the final day of trading before Chinese markets close for a weeklong holiday.

Tokyo's Nikkei 225 closed down 0.8 percent and a loss of 0.9 percent for the week. Hong Kong's Hang Seng finished the day down 0.3 percent, and lost 1.3 percent for the week.

Traders in Asia were encouraged by a Chinese Commerce Ministry.

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jitters, but there

In Europe, London 'FTSE added 0.8 percent, Germany's DAX gained 0.5 percent and France's CAC was up 0.3 percent.

The Associated Press contributed to this article.


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