Wall Street closed in the red, as investors braced for the deadline of US tariff on Chinese imports on December 15. On Monday, China said that it hoped to make a deal with the US as soon as possible. On the macro side, investors also await a Fed policy meeting later in the week, an election in the UK, and a potential agreement on the USMCA trade pact. The Dow Jones lost 105 points or 0.4% to 27910. The S&P 500 dropped 10 points or 0.3% to 3136. The Nasdaq retreated 35 points or 0.4% to 8622.