NEW YORK: Wall Street stocks finished another down week on a positive note on Friday , climbing ahead of a holiday weekend despite lingering anxiety over the US-China trade conflict.
After a strong run for the stocks in the first four months of the year, fresh trade war anxiety has roiled markets throughout May as the United States and China have announced new tariff measures amid sharpening rhetoric between Beijing and Washington. "The lack of a trade agreement is probably the biggest thing confronting the market going forward," said Bill Lynch, director of investment at Hinsdale Associates."Hopefully we'll get something soon."In other disappointing news, data showed sales of US-manufactured goods in April fell to their lowest level in nine months, as American companies sold fewer cars and planes and less factory equipment.
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