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Wall Street set for muted open as year-end rally tapers off
After logging healthy gains for most of December, the three major stock indexes posted their worst day in four weeks on Monday in the absence of major updates on a U.S.-China trade truce. The benchmark S&P 500 index closed at its lowest level since Dec. 20, shrugging off comments by White House's trade adviser Peter Navarro that the Phase 1 trade deal was likely to be signed in the next week. "After having a big meal, we have to digest," said Andre Bakhos, managing director at New Vines Capital LLC in Bernardsville, New Jersey.
https://finance.yahoo.com/news/wall-street-set-muted-open-141636401.html?.tsrc=rss
After logging healthy gains for most of December, the three major stock indexes posted their worst day in four weeks on Monday in the absence of major updates on a U.S.-China trade truce. The benchmark S&P 500 index closed at its lowest level since Dec. 20, shrugging off comments by White House's trade adviser Peter Navarro that the Phase 1 trade deal was likely to be signed in the next week. "After having a big meal, we have to digest," said Andre Bakhos, managing director at New Vines Capital LLC in Bernardsville, New Jersey.
https://finance.yahoo.com/news/wall-street-set-muted-open-141636401.html?.tsrc=rss
