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
European stocks closed lower on Monday as weak Chinese export data highlighted the detrimental impact of its prolonged trade war with the U.S. The pan-European Stoxx 600 ended the session 0.24% lower to 406.38, with oil and gas stocks falling 1% to lead losses while the retail sector added 0.5%. C...
The Dow Jones Industrial Average fell slightly on Monday as investors took a pause after a sharp rally in the previous session. The 30-stock average traded about 21 points lower, or 0.1%, and was headed for its first decline in four days. Boeing and Apple led the Dow lower, sliding 1% each. Meanwh...
U.S. stocks edged lower at the opening bell on Monday ahead of a busy week packed with meetings by the Federal Reserve and the European Central Bank. Investors are also on the lookout for signs of easing trade tensions ahead of the Dec. 15 deadline for additional duties on Chinese imports. The S&a...
U.S. equity futures edged down alongside European stocks as investors prepared for a week brimming with potential catalysts, from central bank meetings to the looming America-China tariff deadline. Treasuries and most government bonds advanced. Futures on the S&P 500 Index decreased 0.1% as of ...
Hong Kong finished flat on Monday as weak Chinese trade data offset a forecast-beating jobs report from the US that eased concerns about the world's top economy. The Hang Seng index edged down 3.64 points to 26,494.73. The benchmark Shanghai Composite Index rose 0.08 percent, or 2.47 points, to 2,...