On Tuesday US stocks dropped while an imminent US-China trade deadline discouraged investors. The popular tech-driven Nasdaq Composite dropped 0.1% to 8,616.1, pulled down by Netflix.
The Dow Jones Industrial Average ended more than 27 points lower, or 0.1% at 27,881.7. The S&P 500 too lost 0.1% to end at 3,1321. China and the US have until Sunday to develop a so-called phase one trade agreement. If an agreement is not reached by then, new US taxes will take effect.
US–China remain locked for a phase one deal
Daily Analysis - 11/12/2019