US STOCKS-Wall Street dips as caution sets in ahead of trade talks
Wall Street's main indexes fell on Monday as investors refrained from making big bets ahead of the trade talks later in the week, following a roller-coaster start to the month on fears that the U.S. economy could be sliding into a recession. Tariff concessions from the United States and China last month had fueled hopes of a resolution to the prolonged dispute, but a report that Beijing was increasingly reluctant to agree to a broad trade deal pursued by President Donald Trump weighed on sentiment. The trade-sensitive technology sector dropped 0.2%, dragged down by heavyweights Microsoft Corp and Apple Inc. Technology has been the best performer among the major S&P 500 sectors so far this year.
Published:10/7/2019 9:25:21 AM