The S&P 500 slipped following declines in Europe and Asia amid concern over the escalating protectionist standoff between China and the U.S. Oil gained before a key OPEC meeting this week.
The S&P 500 fell 0.3 percent as of 12:10 p.m. in New York. U.S. equity gauges came off their lows of the day as energy shares advanced along with software makers.
The Stoxx Europe 600 Index posted its biggest two-day decline since March and Japan’s Topix Index fell the most in almost three weeks. Crude climbed as producers were said to discuss a smaller-than-expected boost to production. Treasury yields fluctuated after trading near the lowest level this month.
Source : Bloomberg