Trading was cautious on Friday, awaiting the long-awaited trade talks between, among others, the US Finance Minister Scott Bessent and China's Vice Premier He Lifeng over the weekend.
the weekend's negotiations, Trump made a statement on Truth Social, opening up to lowering tariffs against China compared to the 145 percent that applies today.
80 percent tariffs against China seem correct", he wrote.
At the close, the broad S&P 500 index and the Dow Jones industrial index fell by 0.1 percent and 0.3 percent, respectively, while the tech-heavy Nasdaq composite index traded sideways.
Calculated over the entire past trading week, the S&P 500 fell by 0.5 percent, the Dow Jones industrial index by 0.2 percent, and the Nasdaq composite index by 0.3 percent.
Among Friday's winners were found, among others, the taxi company Lyft, up 28.1 percent, and electric car giant Tesla, plus 4.7 percent.
Among the losers were found, among others, the technology company Affirm, which sank 14.5 percent. The travel site Expedia presented worse-than-expected figures and fell by 7.3 percent.
The trading day started cautiously upwards after Trump made a post on Truth Social:
"Many trade deals underway, all good (REALLY GOOD!)" - he wrote, the day after he also announced a trade deal with the United Kingdom.
