Wall Street edged lower on Wednesday as President Donald Trump's threat to ...
to all-time highs in the run up to Trump's speech on Tuesday, but the indexes pulled back slightly after his address at the Economic Club of New York.
“It felt for a couple weeks that the deal was almost done and then you have these comments that sort of puts us in the same place we were.” The trade-sensitive industrial sector .SPLRCI was also among the biggest drags, while the Philadelphia Semiconductor index fell 0.87%. Wall Street’s main indexes have touched new highs this month on the back of a strong corporate earnings season and hopes of a trade deal to end the damaging 16-month tariff war.
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