The Gold Coast Bulletin

Financials up as tariffs loom

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US stocks have ended little changed as financials rose with bond yields, while news that President Donald Trump instructed aides to proceed with tariffs on about $US200 billion of Chinese products produced limited gains.

The S&P financial index was up 0.7 per cent on Friday, leading percentage gains among sectors. US Treasury yields rose above 3 per cent earlier in the day but were last off those levels.

. A source familiar with the White House decision also said the timing for activating the additional tariffs was unclear as the rate-sensitive S&P utilities index fell 0.5 per cent

The Dow Jones Industrial Average rose 8.68 points, or 0.03 per cent, to 26,154.67.

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