Stocks head for loss on week amid growing trade tensions

Dow Jones

Banks fell along with bond yields and industrial companies weakened as European leaders warned of the risk of escalating trade tensions.

Advance estimates of U.S. retail and food services sales for February 2018 came in at $492 billion, a decrease of 0.1 per cent from the previous month, missing market consensus of a 0.4-per cent gain, the Commerce Department said on Wednesday.

Qualcomm fell about 2 percent after Broadcom formally withdrew its bid.

Signet Jewelers plunged 20 percent after giving weak a forecast.

New Surveillance Video Shows School Resource Officer Outside During Parkland Shooting
Deputy Scot Peterson can be seen with an unidentified school employee outside a room in the first moments of the massacre. The sheriff's office, meanwhile, ultimately reversed course and said it supported making the footage public.

The Dow Jones Industrial Average .DJI rose 72.85 points, or 0.29 percent, to end the week at 24,946.51, the S&P 500 .SPX gained 4.68 points, or 0.17 percent, to 2,752.01 and the Nasdaq Composite .IXIC added 0.25 point, or 0 percent, to 7,481.99. The Nasdaq composite fell 14 points, or 0.2 percent, to 7,496.

The S&P industrial stocks were again the worst hit, falling 1.02 percent.

In a separate report, the department said that manufacturers' and trade inventories were estimated at $1,917 billion in January, up 0.6 per cent from the December reading.

February industrial production jumped 1.1 percent, the largest increase in four months.

Nindies Showcase Spring 2018 Taking Place March 20
The announcement came from the company's official Twitter page, when they announce the date and time of the "Indie Showcase". This latest Nintendo Direct will be the Nindies Spring Showcase and airs on March 20 at 12 p.m.

For the week, the three leading US market indexes reported losses.

The Trump administration is pressing China to cut its trade surplus with the United States by $100 billion, the White House said Wednesday.

Among gainers, Ford rose 3.5 percent after Morgan Stanley double-upgraded the stock to "overweight" and raised its earnings estimate on the automaker. Also rising were high-dividend stocks like utility companies. The Dow Jones Small-Cap Growth TSM Index closed at 9,856.75 for a gain of 43.73 points or 0.45%.

For the week, the Dow fell 1.57 percent, the S&P lost 1.04 percent, and the Nasdaq dropped 1.27 percent. The Dow Jones Small-Cap Value TSM Index closed at 10,107.12 for a gain of 85.92 points or 0.86%.

Jay Shah case: SC stays defamation proceedings in Guj trial court…
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