· The Dow Jones Industrial Average closed lower for the first time in five days on Tuesday, led by declines in Apple, while investors puzzled over conflicting reports over the progress of U.S.-China trade negotiations.
The 30-stock Dow fell 26.72 points to 25,887.38. Apple was among the worst performers in the index, sliding 0.8 percent. The S&P 500 ended the day just below breakeven at 2,832.57 while the Nasdaq Composite closed0.1 percent higher at 7,723.95. Both the S&P 500 and Nasdaq rose as much as 0.7 percent while the Dow traded nearly 200 points higher at its session high.
Stocks started to roll over after Bloomberg News reported, citing people familiar with the matter, that U.S. officials are worried China may be pushing back against U.S. demands in the countries' ongoing trade talks. The report also said Chinese negotiators are worried they have not received assurances that tariffs imposed on Chinese goods would be lifted once a deal is struck.
The major indexes briefly regained some of its footing after Dow Jones said the talks were in the final stages, noting China Vice Premier Liu He will travel to Washington in the next few weeks
· European stocks were higher Tuesday morning, as investors monitored heightened Brexit uncertainty and awaited the Federal Reserve's latest monetary policy meeting.
The pan-European Stoxx 600 closed up provisionally 0.62 percent higher during afternoon deals, with most sectors and major bourses in positive territory.
· Shares in Asia traded cautiously on Monday morning following a series of conflicting reports on U.S.-China trade that surfaced overnight.
The Nikkei 225 in Japan slipped 0.19 percent, as shares of Japanese conglomerate Softbank Group slipped 0.45 percent, while the Topix index shed 0.13 percent.
Over in South Korea, the Kospi fell 0.7 percent as shares of automaker Hyundai Motor dropped 1.61 percent.
Reference: CNBC
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