Stocks fell Monday, retreating slightly from Friday’s record levels as concerns over trade and protests in Hong Kong flared up. Bond markets are closed Monday in observance of Veterans Day.
Here were the main moves in markets, as of 9:40 a.m. ET:
S&P 500 (^GSPC): -0.46%, or 14.36 points
Dow (^DJI): -0.46%, or 127.96 points
Nasdaq (^IXIC): -0.54%, or 45.41 points
WTI crude oil prices: (CL=F): -1.43% to $56.42 per barrel
Gold (GC=F): -0.1% to $1,461.5 per ounce
President Donald Trump over the weekend refuted reports that the U.S. was necessarily prepared to lift tariffs on China as part of phase one trade agreement.
The remarks sent stock futures lower and extinguished optimism over a tariff deescalation. Last week, members of the administration, including economic adviser Larry Kudlow, had said “there