• Dow Jones: 20,093.78; -7.13; -0.04%
• S&P 500: 2,294.69; -1.99; -0.09%
• Nasdaq: 5,660.78; +5.61; +0.10%
The Dow Jones Industrial Average today slipped but still held above the 20,000 level. The index moved lower on news that Q4 GDP growth cooled and earnings reports failed to perform up to Wall Street analyst expectations.
Shares of Chevron Corp. (NYSE: CVX) fell more than 2% after the international energy giant fell short of Wall Street forecasts.
• U.S. President Donald Trump on Friday introduced immigration curbs that sparked a backlash in the United States and abroad.
Trump put a 120-day hold on allowing refugees into the country, an indefinite ban on refugees from Syria and a 90-day bar on citizens from Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen. Several countries including long-standing American allies criticized the measures as discriminatory and divisive.
Reference: Money Morning, Reuters