Dow drops 119 points, Nasdaq inches higher, Bitcoin settles at $103k amid China talk rumors

American shares ended the mixed week, with a feeling of prudent investor before the commercial negotiations planned between US officials and Chinese officials in Switzerland this weekend.

The industrial average of Dow Jones dropped by 0.3%, while the NASDAQ composite increased by 0.0043% while the S&P 500 hovered near the flat line down 0.07%

Commercial action follows An American preliminary trade agreement, but a new price rhetoric has maintained the nervous markets. US President Donald Trump floating An “80% price on China” via Truth Social, a drop in the downturn compared to the current 145% but still above expectations of less than 60% earned earlier in the week.

“This week’s progress was encouraging, but we remain in reflux and flows of the news cycle”, ” said Mark Hackett of Nationwide. “We are probably in a period of lateral volatility until we started to get tangible results.”

Bitcoin’s Surge

Meanwhile, Bitcoin (BTC) exceeded $ 104,000 on Friday morning, led by Strong institutional obstacles and performance ETF. The FNB Bitcoin Spot have reached a new high lifespan in cumulative flow at $ 40.33 billion, according to Bloomberg data. The largest cryptocurrency by market capitalization has abandoned some of its earnings, trading at around $ 103,000 after the Wall Street closing bell.

Elsewhere, Wells Fargo noted that 13 companies had removed the achievements of profits this season, less than expected in what it calls a “positive surprise”. Actions such as Ford, Delta and Snap were one of those who draw forecasts.