US stocks open mostly lower, ahead of trade deal signing

US stocks fell in early trading today, as focus shifted to the signing of the initial trade pact between the US and China, and the quarterly earning reports season kicking of for Q4 2019.

The signing of the phase-one trade deal between the US and China tomorrow at the White House,  in the presence of the Chinese Vice Premier and US President Donald Trump.

US data revealed today that the CPI fell by 0.2% last month, which was widely expected.

The quarterly earning reports season started today, and as usual, the American banks kicked off the reports, with JPMorgan Chase, Wells Fargo and Citigroup.

Dow Jones rose by less than 0.1% or 10 points to 28,918 as of 15:08 GMT, while Nasdaq fell by 0.2% or 20 points to 9,254,  and S&P 500 fell by 0.3% or 9 points to 3,279.