December 9, 2019•101 words
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.