While the US stock markets ended things on a positive note last week, today they are set to open with losses. Last week the markets swelled on optimism about the trade negotiations between the United States and China, since their tariff war was the major factor troubling stocks all throughout 2018. However, today there is no new stimulus for the markets to grow.
As of this morning, the S&P 500 has lost 3.4 points of its value, while the Dow and the Nasdaq 100 have dropped by 71 and 6.4 points, respectively.
In terms of tech stocks, right now all eyes are on the link and image-sharing platform Pinterest, which will open its IPO today, and the recently debuted stocks of Lyft. In manufacturing investors are following Boeing, which has lost 4.4% of stock value after the recent plane crash and subsequent scandal around the 737 MAX model. Meanwhile, Tesla is doing better today because Fiat announced they will pay Tesla in order to lower CO2 emissions as per new EU regulations.
