Wall Street’s main indexes were lower on Thursday, as tensions flared up ahead of a high-stakes U.S.-China trade meeting, potentially prolonging a dispute that has threatened global financial markets and economic growth.
U.S. stocks edged higher on Wednesday, on track to snap this week’s streak of losses as investors clung to hopeful notes within the latest developments in U.S.-China trade relations ahead of a crucial round of negotiations.
The S&P 500 and the Nasdaq inched higher on Wednesday, as investors largely shrugged off benign U.S. inflation data and unsurprising minutes from the Federal Reserve’s March meeting.
Wall Street gained ground on Tuesday, with investors expecting the U.S. Federal Reserve to reaffirm its dovish stance as it began its two-day monetary policy meeting.
U.S. stocks edged lower on Thursday after a recent run of gains, pressured by weak economic data and a drop in healthcare shares, while investors kept a close watch on U.S.-China trade talks.
Technology and consumer discretionary stocks lifted Wall Street on Tuesday, as upbeat results from Estée Lauder and Ralph Lauren fueled earnings optimism, ahead of the highly awaited State of the Union address by President Donald Trump.
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