US STOCKS-Wall Street dips as investors await U.S.-China trade progress

  • 2/25/2023
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New York, Nov 21, 2019, SPA -- U.S. stock indexes moved slightly lower on Thursday as investors moved to the sidelines with mixed messages and no concrete signs of progress on U.S.-China relations. This was a day after stocks sold off on a report that a phase 1 U.S.-China deal was not likely to happen this year. As a result, investors were wary of putting further bets on a trade deal and keeping in mind that stocks are still near record highs. The Dow Jones Industrial Average fell 54.80 points, or 0.2%, to 27,766.29, the S&P 500 lost 4.92 points, or 0.16%, to 3,103.54, and the Nasdaq Composite dropped 20.52 points, or 0.24%, to 8,506.21. --More 01:48 LOCAL TIME 22:48 GMT 0041 www.spa.gov.sa/w1214831

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