Wall Street declines as Amazon, Intel fall; trade worries persist

Wall Street declines as Amazon, Intel fall; trade worries persist

Friday, June 22, 2018



US Stocks dipped on Thursday as a US Supreme Court ruling on state sales tax collection pulled Amazon and other online retailers lower while industrials continued to falter on concerns over trade war concerns.

The price-weighted Dow index is heavily affected by industrial companies and trade concerns pushed the index into negative territory for the year earlier this week, with the index on pace for its eight straight decline.

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