U.S. stocks slipped intraday as fresh trade threats between the U.S. and China stoked caution among investors. Signs that the U.S. trade fight with China was set to escalate this week capped stock gains and sent the dollar lower. The Trump administration is planning to unveil new tariffs on $200 billion in Chinese goods, with President Trump saying Monday that he would make an announcement after the end of the trading day. Chinese officials have said they could pull out of trade talks if President Trump carries out his plans. The Dow Jones Industrial Average fell 93 points, or 0.4%, to 26062, extending declines after Mr. Trump said he would make his announcement later in the day. The S&P 500 was down 0.6% and the Nasdaq Composite dropped 1.3%, hurt by a decline in shares of technology companies. So far, the U.S. stock market has managed to hold its ground and remain near all-time highs, in part because trade developments have been incremental and the economic impact on the U.S. has so far been minimal, analysts said. Even with Monday's decline, the S&P 500 is off less than 1% from a record. Shares of technology-focused companies retreated Monday, weighing on the Nasdaq. The US gold price advanced 0.7% to 1201.10 US$/oz.
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