Wall Street ends lower despite positive trade news

Economies.com
2019-02-14 21:49PM UTC

US stock indices retreated today after weak data, shrugging positive China trade news. 

 

In an expected step, President Donald Trump is reportedly considering an extension to the negotiation period with China on trade for another 60 days. 

 

Beijing and Washington reached a 90-day truce last year to reach an agreement and avoid tariff hikes. 

 

The Senate approved the government funding bill, removing further the threat of another extended government shutdown. 

 

US West Texas rose 0.1% to $54.41 a barrel, with a session-high at $54.6. 

 

Brent rose 1.5% to $64.57 a barrel, with an intraday high at $64.8 a barrel. 

 

Dow Jones fell 0.4% to 25,439, with an intraday high at 25,559, and a low at 25,308. 

 

Standard and Poor's 500 slipped 0.3% to 2,745, with a session-high at 2,758, and a low at 2,731. 

 

Nasdaq added 0.1% to 7,427, with a session-high at 7,454, and a low at 7,375. 

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