US Stocks are trading lower on Friday after Chinese industrial production in May was below expectations.
Semiconductor stocks fall after Broadcom lowered its full-year revenue guidance, saying that US and China trading tensions and Huawei's export restrictions damaged the demand for chips
|I: DJI||DOW JONES AVERAGES||26049.98||-56.79  -0.22%||Change|| 1||NASDAQ COMPOSITE INDEX||7792.165028||-44.97||-0.57%|
Chinese industrial production increased by 5, 5 percent year-on-year, the slowest growth rate of 17 years, and another sign that trade tensions are damaging growth.
US President Donald Trump said Tuesday that he had a trade agreement with China and had no interest in moving forward unless Beijing agreed to four or five "big points" that Trump did not specify.
|Ticker||Safety  Last||Change||% Chg|
|AVGO||BROADCOM LIMITED||259.88||-21.73||-7.72%||AAPL|| -7.72%|