The S&P 500 and Nasdaq slip as uncertainty about the resolution of trade tensions between the U.S. and China resurfaces
- The S&P 500 and Nasdaq stock indexes fell from record highs on Monday as uncertainty about progress in U.S.-China trade talks again rose to the fore following comments by President Donald Trump, while a jump in Boeing shares helped the Dow Jones Industrial Average eke out a slim gain.
Violence in Hong Kong during protests also cast a shadow on sentiment after the three major averages posted all-time closing highs on Friday, and the benchmark S&P 500“You had negative headlines that were a reason for consolidation after five weeks in a row where stocks moved higher,” said Willie Delwiche, investment strategist at Baird in Milwaukee.
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