Wall St. Slips as Trade Deal Doubts Return
Monday, 18 November 2019 23:39 WIB | MARKET UPDATE |WallstreetSahamASIndeks NasdaqS & P 500DOW JONES

Wall Street's main indexes eased from record levels on Monday after a report stoked fresh fears about a resolution to the U.S.-China trade dispute that has hit global growth and roiled financial markets over the past 16 months.

The mood in Beijing about a deal was pessimistic due to President Donald Trump's reluctance to roll back tariffs, CNBC reported, citing a government source.

Investors had turned optimistic over the weekend after Chinese state media said the two sides had held œconstructive trade talks, days after White House economic adviser Larry Kudlow said they were getting close to a trade deal.

At 10:26 a.m. ET, the Dow Jones Industrial Average was down 15.94 points, or 0.06%, at 27,988.95, the S&P 500 was down 7.53 points, or 0.24%, at 3,112.93 and the Nasdaq Composite was down 31.91 points, or 0.37%, at 8,508.92.

Source : Reuters

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