First Place Finance - U.S. Market Review - 9th of August 2019

The major U.S. stock markets fell amid new trade war worries as Wall Street concluded a wild week.The Dow Jones Industrial Average lost 90 points, or 0.3%.

The S&P-500 dropped 0.7% while the Nasdaq Composite tumbled 0.9%.President Trump has been bashing the Fed, calling for rate cuts  interest rates to boost economic growth.

Moreover, once again the president  blamed the Fed again for making it harder for the U.S. to compete with other economies.

The yield on the benchmark 10-year Treasury note held steady just above 1.7% Friday as amid new issues in regards to economic retreat.

At around 12:25 p.m. ET, the yield on the benchmark 10-year Treasury note declined around 1.7%, while the yield on the 30-year Treasury bond also tumbled  at around 2.217%.