Indexes Fare: Dow Djia and Asian Markets

indexes fare: How did major indexes fare The Dow DJIA, -0.25% fell 63.20 points, or 0.3%, to 25,106.33, adding 0.2% for the week, according to Market Watch. The S&P 500 index SPX, 0.07% rose 1.83 points to 2,707.88 and the Nasdaq Composite Index COMP, 0.14% gained 9.85 points, or 0.1%, to 7,298.20. The Dow Jones Industrial Average bucked the trend to finish the session weaker but posted weekly gains, extending its winning streak for a seventh week, highlighting the underlying strength in the market. For the week, the S&P 500 edged up 0.1% and the Nasdaq advanced 0.5%. Need to Know The stock market dip Keep buying, says Bank of America Merrill Lynch What drove the market The U.S.-China trade war remains a core issue for investors, with Asian markets picking up the selling baton after U.S. President Donald Trump confirmed reports that he had no plans to meet with Chinese President Xi Jinping before a March 1 trade-deal deadline. Read New White House message on China is that there's a long way to go before striking trade deal Adding to the tensions was a report that Trump is expected to sign an executive order next week banning Chinese wireless equipment from U.S. networks ahead of the MWC Barcelona conference at the end of this month. CNBC, however, reported that the U.S. is likely to keep tariffs at 10% rather than raise them to 25% as scheduled. (news.financializer.com). As reported in the news.