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Stocks dip from record highs on worries that US-China trade talks could hit an impasse


Wednesday, 20 November 2019 21:44 WIB

Saham AS


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Stocks fell on Wednesday, pulling back from record highs as investors fretted about U.S.-China trade talks potentially stalling out.

The Dow Jones Industrial Average traded 67 points lower, or 0.2%. The S&P 500 pulled back 0.2% while the Nasdaq Composite slid 0.3%.

The Wall Street Journal reported, citing former Trump administration officials, that the ongoing trade talks could hit an impasse that would derail a so-called phase one trade deal. Uncertainty around trade also grew after the Senate passed a bill supporting Hong Kong protesters. This led China to accuse the U.S. of interfering in domestic affairs.

Source: CNBC


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