Stocks edged lower on Tuesday ahead of a looming weekend deadline for trade talks between Washington and Beijing.
The S&P 500 slipped 3.44 points, or 0.1%, to 3,132.52. The Dow Jones industrial average lost 27.88, or 0.1%, to 27,881.72, and the Nasdaq composite fell 5.64, or 0.1%, to 8,616.18.Sunday’s deadline isn’t the only big potential event for markets in the coming days. The Federal Reserve and European Central Bank will make decisions on interest rate policy this week. Big moves by both of them earlier this year helped send prices for stocks and bonds around the world surging.
Elsewhere on the trade front, Democrats in the House of Representatives and the White House announced a revised deal with Mexico and Canada. The deal would replace the North American Free Trade Agreement and would offer more provisions for U.S. workers.
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