Finance

Stock market live updates: S&P 500 turns positive, no mention of tariffs by Trump, chip stocks jump

View of New York Stock Exchange, Wall Street on March 23, 2020 in New York City.

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7:23 am: Stock futures fall as Trump news conference looms

Stock futures fell slightly on Friday morning as traders awaited a news conference from President Donald Trump regarding China. Dow Jones Industrial Average futures dipped 70 points, or 0.3%. S&P 500 and Nasdaq 100 futures both fell 0.1%. Trump announced he would hold the news conference late during Thursday’s session, sending equity prices lower for the day. The news conference comes after China approved a controversial national security bill earlier this week.Despite the decline in futures, Wall Street was headed for solid weekly gains. The Dow and S&P 500 are both up 3.8% and 2.5%, respectively, for the week while the Nasdaq Composite has gained 0.5%. —Imbert

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