US-China trade uncertainty looms

On Thursday the S&P 500 went higher to a record ending, although continuing concerns about US-China trade relationships and drops in Walmart and Cisco softened the activity around Wall Street. Cisco Systems fell more than 7% while Walmart fell 0.3% after hitting an all-time top.

The general index ended just 0.1% higher at 3,096.62 while real estate exceeded. The Dow Jones Industrial Average ended marginally lower at 27,781.95 while the Nasdaq Composite dropped 0.04% to 8,479.01.

On Thursday Credit Suisse recorded and stated that the famous electric car maker Tesla has approximately an 80% cut of the U.S. market for electric vehicles. Furthermore, the firm foresees that Tesla's “unique position” with its Model 3 will experience severe difficulty from another giant automaker – Ford in 2020. Dan Levy an analyst in Credit Suisse in a note address to investors wrote “For all the competition entering the market, we are still awaiting the EV that will be a true competitive threat to Model 3 – especially in the US,” “Tesla has a window of opportunity now with a clear competitive lead.”