Stock summary: NYSE Composite Index posted weekly rise of just 0.01% as White House announced imposition of tariffs on Canada, Mexico and China

The NYSE Composite Index closed at 19,998.82, posting a modest gain of 1.35 points (0.01%) over the past five days. As of January 31 at 4:03 PM GMT-5, the index exhibited minimal movement, reflecting a largely flat trading period.

During the session, the NYSE Composite Index reached a high of 20,166.22, indicating moments of strength. However, it also recorded a low of 20,212.19, suggesting that some downward pressure was present throughout the trading period. The previous close of 20,166.22 underscores the index’s relatively unchanged position.

Top indices in Wall Street including the NYSE Composite Index recorded a low on Friday after the news regarding the imposition of 25% tariffs on Canada and Mexico and 10% on China came from the White House. The imposition of import tariffs for these three countries will start from Saturday itself. 

Disclaimer: This article is for informational purposes only and does not constitute any financial advice.