The Dow and wider U.S. stock market struggled for direction Thursday after talks between President Donald Trump and North Korea’s Kim Jong Un ended abruptly, raising the specter of a new confrontation with the hermit kingdom. Better than expected GDP data failed to stoke investor optimism after it became apparent that economic growth had slowed considerably from the first half of 2018.
Dow Struggles to Hold Above 26,000
All of Wall Street’s major indexes struggled, as the Dow Jones Industrial Average swung back below 26,000 through the morning session. The tepid start to the day reflects a rocky pre-market session for Dow futures.