The three major US stock indexes ended lower on Wednesday after a choppy trading session as investors worried that China would slow U.S. government bond purchases and that US President Donald Trump would end a key trade agreement. The S&P and the Nasdaq snapped a six-day rally after Bloomberg reported that China, the world's biggest holder of US Treasuries, could slow or stop buying the government bonds. The report sent Treasury yields to a 10-month high.
The S&P 500 pared some losses as yields backed away from their intraday peaks and investors digested the China report. But the index lost ground again in mid-afternoon trading after Reuters reported that Canada is increasingly convinced Trump will soon announce a US exit from the North American Free Trade Agreement. It cited two unnamed government sources.
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Top 3 prime index of US declined on Wednesday after a rough trading session. And in the indian market, Indian rupee goes up on Thursday. It was opened at 63.65 per dollar as compare to previous close 63.59 on Wednesday.
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