The New York Stock Exchange (NYSE) stands in lower Manhattan on May 18, 2020 in New York City.
Spencer Platt | Getty Images
Dow Jones Industrial Average falls 147 points
The Dow fell 147.63 points, or 0.58%, to close at 25,400.64. The S&P 500 dipped 0.21% to 3,029.73. The Nasdaq Composite advanced 0.46% to 9,368.99. Stocks closed lower after President Donald Trump said he would hold a news conference regarding China on Friday.
U.S.-China concerns dent sentiment
Banks slide
What happens next?
International trade numbers, along with personal income data, are set for release Friday. Federal Reserve Chairman Jerome Powell is also scheduled to speak.
Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.
This article was originally published by Cnbc.com. Read the original article here.